107 Bayford Road, Littlehampton, BN17 5HW

Description

A Terrace House requiring modernisation with accommodation arranged on Three Floors comprising: Top Floor: Bedroom (Four), Bedroom (Five), Bathroom/WC. First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three), WC. Ground Floor: Entrance Porch, Entrance Hall, Through Reception Room, Kitchen, Utility Room. Off-Street Parking to Rear. Garden at Rear.

Accommodation

Top Floor: Bedroom (Four), Bedroom (Five), Bathroom/WC. First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three), WC. Ground Floor: Entrance Porch, Entrance Hall, Through Reception Room, Kitchen, Utility Room.

Location

Situated off South Terrace, close to the amenities available in Littlehampton Town Centre and travelling facilities including Littlehampton Train Station. East and West Beaches are also nearby.

Tenure / Property Information

Investment Analysis

Same-road freehold terraced comparables sold for £335,000–£390,000 between August 2022 and February 2025. The most recent evidence is £335,000 in February 2025, while two earlier sales were £350,000 and £380,000. A base GDV of £350,000 is used, with £335,000 low and £380,000 high scenarios. The evidence does not confirm floor area, internal condition beyond requiring modernisation, or exact comparability.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the modernisation scope, obtaining contractor costs and independently validating the resale and rental assumptions. Do not rely on the guide-to-GDV gap alone.

Works Required

Modernisation is required, but the supplied evidence does not specify the scope, condition of individual elements, statutory requirements or costs. Obtain a full inspection, refurbishment schedule and contractor quotations before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the base GDV would be approximately £262,500. However, refurbishment costs, total acquisition cost, achievable rent and lender valuation criteria are unknown, so cash recycling and post-refurbishment viability cannot be established.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant and requires modernisation, so letting condition and achievable rent remain unverified.

Flip Analysis

The evidence supports a base resale/GDV assumption of £350,000, but no refurbishment allowance, selling allowance or complete project cost is supplied. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• Modernisation requirements and costs are unspecified.

• No sufficiently specific rental evidence is available.

• Resale evidence is from nearby addresses rather than the subject property and spans different dates.

• Additional seller fees may be payable under the special conditions.

• EPC rating E may affect letting, financing or future improvement requirements.

• The property is vacant, so no passing rental income is evidenced.

Recommendation

Proceed only after confirming the modernisation scope, obtaining contractor costs and independently validating the resale and rental assumptions. Do not rely on the guide-to-GDV gap alone.

Strategy Rating

Analysis Confidence

There are several relevant same-road completed sales and a stated tenure, occupancy and accommodation, but no quantified works, floor area, rental evidence, selling costs or full auction fee schedule.