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3 Bed Flat, Single Let, Hove, BN3 2NB £550,000
3 COOMBE LEA, GRAND AVENUE, HOVE, BN3 2NB - 19 views - 2 years ago
Sold STC
BTL
~90 m²





+3 photos
ValuationOvervalued
| Sold Prices | £235K - £1.0M |
| Sold Prices/m² | £1.9K/m² - £34.8K/m² |
| |
Square Metres | ~89.90 m² |
| Price/m² | £6.1K/m² |
Value Estimate | £508,181 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £137,500 |
Stamp Duty & Legal Fees | £32,700 |
Total Cash In | £170,200 |
| |
Cash Out | |
Rent Range | £1,600 - £4,250 |
Rent Estimate | £1,694 |
Running Costs/mo | £2,078 |
Cashflow/mo | £-384 |
Cashflow/yr | £-4,603 |
Gross Yield | 4% |
Local Sold Prices
21 sold prices from £235K to £1.0M, average is £527.3K. £1.9K/m² to £34.8K/m², average is £5.7K/m².
Local Rents
50 rents from £1.6K/mo to £4.3K/mo, average is £2.4K/mo.
Local Area Statistics
Population in BN3 | 79,564 |
Population in Hove | 79,573 |
Town centre distance | 1.04 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.60 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +13% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £550,000
February 16, 2024
Floor Plans
Description
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