This property has been taken off the market.
Go back

3 Bed House For Sale Adur Close, Lancing, BN15

£340,000

Yield: 4.2%
1 of 14
Yield: 4.2%
Save
  • Rental Guide: £950 - £1,190
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • 3 Bedroom House
  • 16ft Living Dining Room
  • 16ft Kitchen Breakfast Room
  • Front & Rear Gardens
  • No Onward Chain
  • Walking Distance To Shoreham
  • Near Bus Routes
  • Great Views
  • Call Now To View
Last Updated: 10th June 2020

Description

*** £340,000 ***

WARWICK BAKER ESTATE AGENTS ARE DELIGHTED TO OFFER TO THE MARKET THIS MID TERRACE HOME WITH STUNNING VIEWS.

LOCATED JUST OUTSIDE OF SHOREHAM IN ADUR CLOSE, THE PROPERTY BOASTS THREE BEDRROMS AND A BATHROOM UPSTAIRS, AN OPEN PLAN LIVING / DINING ROOM AND KITCHEN / BREAKFAST ROOM ON THE GROUND FLOOR.

WITHIN EASY WALKING DISTANCE OF SHOREHAM AND ON A MAIN BUS THE ROUTES THE PROPERTY HAS GARDENS AND A GARAGE.

CALL TO VIEW

Entrance Porch - 1.83m’1.22m x 1.83m’1.22m (6’04 x 6’04) - Double glazed door and windows to front and side aspect, door to

Living / Dining Room - 4.88m’1.52m x 4.88m’ (16’05 x 16’) - Double glazed front aspect windows, stairs rising to the First Floor Landing, doors opening to

Kitchen / Breakfast Room - 4.88m’ x 3.05m’3.05m (16’ x 10’10) - Extensive range of wall and base level units, work surfaces, inset sink unit, inset 4 ring hob, oven under, extractor over, space for appliances, double glazed rear aspect window, double glazed door giving access to the rear garden.

First Floor Landing - Doors giving access to all rooms, airing cupboard, loft access.

Bedroom 1 - 3.66m’ x 2.74m’0.91m (12’ x 9’03) - Double glazed front aspect window with views, built in cupboard.

Bedroom 2 - 3.35m’ x 2.74m’0.91m (11’ x 9’03) - Double glazed rear aspect window, built in cupboard.

Bedroom 3 - 2.44m’3.05m x 1.83m’1.83m (8’10 x 6’06) - Double glazed front aspect window, over stairs cupboard.

Outside -

Front Garden - Laid to lawn.

Rear Garden - Enclosed by panel fencing, laid to lawn, gated rear access.

Garage - Garage en bloc at the rear of the property.
Agent Details
Warwick Baker Estate Agents
21, Brunswick Road, Shoreham-by-sea, BN43 5WA
Show Contact Number
01273 461 144

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
3.8

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£10,200
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.4

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
7.7
£180,000
Property
Yield: 7.93%
ROCI: 26%
Property Image
4.5
£290,000
Semi Detached
Yield: 4.92%
ROCI: 14%
Property Image
4.4
£375,000
Semi Detached
Yield: 4.83%
ROCI: 13%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 Bedroom properties in “BN15” are mostly listed between £950 - £1,190. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested