2 Bed Flat, Single Let, Brighton, BN1 2FQ, £375,000

112 Western Road, Brighton, East Sussex, BN1 2AB - 9 months ago

Leasehold
BTL
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£199.5K - £1.1M
Sold Prices/m²£3.1K/m² - £15.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£390,687
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,100 - £3,200

Rent Estimate

£1,338

Running Costs/mo

£1,459

Cashflow/mo

£-121

Cashflow/yr

£-1,458

Gross Yield

4%

Local Sold Prices

43 sold prices from £199.5K to £1.1M, average is £377K. £3.1K/m² to £15.2K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£261.5K06/230.22 miLower Ground Floor Flat, 28, Oriental Place, Brighton, Brighton And Hove BN1 2LL2
£365K06/210.24 miFlat 13, Sillwood Hall, Montpelier Road, Brighton, Brighton And Hove BN1 2LQ2
£199.5K09/230.28 miGround Floor Flat, 6, Bedford Place, Brighton, Brighton And Hove BN1 2PT2
£450K01/230.3 mi5, Montpelier Terrace, Brighton, Brighton And Hove BN1 3DF2
£440K02/230.3 mi28b - 28d, Norfolk Square, Brighton, Brighton And Hove BN1 2PD2
£340K03/230.31 miFlat 20, St Nicholas Lodge, Church Street, Brighton, Brighton And Hove BN1 3LJ2
£375K06/210.38 miGround Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£384K03/210.38 miFirst Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£270K12/200.38 mi24d, York Road, Hove, Brighton And Hove BN3 1DL2
£367K05/230.4 mi15a, York Road, Hove, Brighton And Hove BN3 1DJ2
£380K02/210.41 miFlat 3, Cawthorne House, Dyke Road, Brighton, Brighton And Hove BN1 3GZ2
£305K06/210.43 mi6, Brunswick Road, Hove, Brighton And Hove BN3 1DG2
£450K10/230.46 mi55, Frederick Street, Brighton, Brighton And Hove BN1 4TA2
£360K03/210.48 mi68a, Buckingham Road, Brighton, Brighton And Hove BN1 3RJ2
£323.5K07/210.48 miUpper Maisonette, 19, Buckingham Street, Brighton, Brighton And Hove BN1 3LT2
£365K01/210.51 miSecond Floor Flat, 2, Vernon Terrace, Brighton, Brighton And Hove BN1 3JG2
£277K11/230.52 mi72, Brunswick Place, Hove, Brighton And Hove BN3 1NB2
£275K12/200.55 miSecond Floor Flat, 6, Lansdowne Place, Hove, Brighton And Hove BN3 1HG2
£235K06/210.55 miFirst Floor Flat, 1, Farm Road, Hove, East Sussex BN3 1FB2
£640K04/210.56 miFlat 35, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£460K06/210.56 miFlat 27, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£450K10/230.56 miFlat 56, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£415K11/210.56 miFlat 24, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£475K04/230.56 miFlat 75, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£345K11/200.58 miLower Ground Floor Flat, 61, Buckingham Road, Brighton, Brighton And Hove BN1 3RQ2
£790K06/210.6 miGround Floor Flat, 35, Brunswick Terrace, Hove, Brighton And Hove BN3 1HA2
£745K07/230.6 miGround Floor Flat, 35, Brunswick Terrace, Hove, Brighton And Hove BN3 1HA2
£405K06/210.6 miFirst Floor Flat, 99, Lansdowne Place, Hove, Brighton And Hove BN3 1FN2
£411.4K05/210.62 mi31a, Holland Road, Hove, Brighton And Hove BN3 1JE2
£1.1M06/210.68 mi58, Davigdor Road, Hove, Brighton And Hove BN3 1RB2
£322K12/200.72 miFlat 14b, St Ann's Court, Nizells Avenue, Hove, Brighton And Hove BN3 1PR2
£411K09/210.74 miFirst And Second Floor Maisonette, 22, Prestonville Road, Brighton, Brighton And Hove BN1 3TL2
£595K07/210.81 mi28, Stroudley Road, Brighton, Brighton And Hove BN1 4BH2
£377K05/210.83 miSecond Floor Flat, 23, Selborne Road, Hove, Brighton And Hove BN3 3AJ2
£300K09/230.83 miBasement Flat, 25, Selborne Road, Hove, Brighton And Hove BN3 3AJ2
£415K05/230.84 mi32, Selborne Road, Hove, Brighton And Hove BN3 3AH2
£462K06/230.84 mi60b, Lyndhurst Road, Hove, Brighton And Hove BN3 6FB2
£331K11/210.86 miGround Floor Flat, 15, Richmond Terrace, Brighton, Brighton And Hove BN2 9SA2
£320K11/200.88 mi110a, Albion Hill, Brighton, East Sussex BN2 9PA2
£450K01/230.9 mi40, Campbell Road, Brighton, Brighton And Hove BN1 4QD2
£335K12/200.94 mi70a, Richmond Street, Brighton, Brighton And Hove BN2 9PE2
£718.9K04/230.94 miFlat 14, Grand Avenue Mansions, Grand Avenue, Hove, Brighton And Hove BN3 2NA2
£321K01/240.96 mi103, Southover Street, Brighton, Brighton And Hove BN2 9UD2

Local Rents

50 rents from £1.1K/mo to £3.2K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80012/240 miSussex Heights2
£1,80002/250.01 mi-2
£2,00012/240.01 mi-2
£1,99003/250.01 mi-2
£1,70012/240.03 miClose to Churchill Square2
£1,35012/240.04 miRegency Square, BRIGHTON2
£2,30012/240.07 miRussell Square, Brighton2
£2,00012/240.07 miKings Road, Brighton, BN12
£1,90012/240.08 mi-2
£1,85012/240.08 miRussell square, Brighton2
£1,60012/240.09 miRussell Mews, BRIGHTON2
£1,90012/240.09 miRussell Mews, Brighton2
£2,30012/240.09 miRussell Mews, Brighton2
£2,00012/240.09 miRussell Mews, Brighton2
£1,90012/240.09 miRussell Mews, Brighton2
£1,65012/240.09 miRussell Square, City Centre, Brighton, BN12
£1,80012/240.09 miChartwell Court, Russell Square, Brighton2
£1,65012/240.09 miChartwell Court, Brighton 2
£2,25012/240.1 miClarence square, Brighton2
£1,80012/240.1 miRegency Square, Brighton, BN12
£1,80003/240.1 mi-2
£1,70001/250.1 mi-2
£2,15012/240.12 mi-2
£1,35003/250.12 mi-2
£1,85012/240.13 miClarence Square, Brighton2
£1,55012/240.13 miCastle Street, BRIGHTON2
£1,50012/240.13 mi-2
£2,35012/240.13 miClarence square, Brighton2
£2,25012/240.13 miClarence square, Brighton2
£1,10002/250.13 mi-2
£1,30003/250.13 mi-2
£2,65002/250.14 mi-2
£3,10003/240.14 mi-2
£2,99503/240.14 mi-2
£1,85003/250.14 mi-2
£3,20002/240.14 mi-2
£2,15012/240.14 mi-2
£2,15001/250.14 mi-2
£2,59812/240.15 miKings Road, Brighton, BN12
£2,44512/240.15 mi-2
£2,22912/240.15 mi-2
£1,15012/240.15 miPreston Street, BRIGHTON2
£1,50012/240.15 miCavendish Place, Brighton2
£1,35012/240.15 miCavendish Place, Brighton, BN1 2HS2
£1,42512/240.15 miCavendish Place, BN12
£1,49512/240.16 miSillwood Street, Brighton2
£1,72512/240.16 miSillwood Street, Brighton, BN12
£1,80012/240.17 miWestern Road, Brighton, BN12
£2,40002/240.17 mi-2
£2,15002/240.17 mi-2

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

2.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £375,000

June 25, 2024

Floor Plans

Description

  • An extremely spacious two bedroom first floor apartment +
  • Large Lounge/Diner +
  • Modern fitted kitchen and bathroom +
  • En-suite to master bedroom +
  • No Onward Chain +
  • Prestigious City Centre Location +
  • Caretaker within the building +
  • Oblique sea views. +

This property is a remarkably spacious two-bedroom apartment situated on the first floor of one of Brighton's most prestigious apartment buildings. It has been purpose-built to offer a well-designed and efficient living space.

As you step into the apartment, you are immediately greeted by a delightful lounge diner. The layout creates a sense of spaciousness, allowing for a variety of furniture arrangements and providing ample room for both relaxation and entertainment. What sets this lounge apart is its oblique Seaview, offering a glimpse of the sea from the comfort of your own home.

Adjacent to the lounge is a modern fitted kitchen, designed with both style and functionality in mind. It boasts contemporary fixtures and fittings, as well as high-quality appliances. The kitchen provides ample storage space, making it easy to keep everything organized, and there is plenty of counter space for food preparation.

The property features a well-appointed bathroom that has been tastefully decorated and fitted with modern fixtures. It offers a tranquil environment, complete with a shower and all the necessary amenities for daily use. In addition, the master bedroom benefits from an en-suite bathroom, providing privacy and convenience.

Both bedrooms in this apartment are generously sized, offering plenty of space for furniture and personal belongings. The master bedroom's en-suite facilities add a touch of luxury to this already impressive space. The apartment's layout ensures that both bedrooms offer a peaceful and comfortable retreat.

This purpose-built block comes with the added benefit of a caretaker within the building, providing assistance and maintenance services as needed. Additionally, the property is conveniently located extremely close to Brighton seafront, allowing for easy access to the beach and all the amenities the area has to offer.

Furthermore, this property is being sold with no onward chain, making it an enticing option for those looking for a hassle-free purchase. The premier status of the apartment building ensures a high standard of living, with well-maintained communal areas, secure entry systems, and potentially additional amenities such as a lobby area or concierge service.
 

FIRST FLOOR  

ENTRANCE HALL  

SITTING ROOM 27' x 15' 3" (8.23m x 4.65m)  

KITCHEN 17' 2" x 7' 4" (5.23m x 2.24m)  

CLOAKROOM  

BEDROOM TWO 11' 3" x 10' 8" (3.43m x 3.25m)  

FAMILY BATHROOM  

BEDROOM ONE 26' x 11' 2" (7.92m x 3.4m)  

ENSUITE SHOWER ROOM

Agent Details

Phillips & Still, Brighton

01273 063363

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪