2 Bed Detached House, Single Let, Peacehaven, BN10 8SD, £300,000

16, Arundel Road, Peacehaven, BN10 8SD - 9 months ago

BTL
~69 m²
+20 photos

ValuationFair Value

Sold Prices£220K - £455K
Sold Prices/m²£3.2K/m² - £7.4K/m²

 

 

Square Metres

~68.90 m²
Price/m²£4.4K/m²

Value Estimate

£297,826

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£975 - £1,650

Rent Estimate

£1,144

Running Costs/mo

£1,186

Cashflow/mo

£-42

Cashflow/yr

£-508

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £455K, average is £318.3K. £3.2K/m² to £7.4K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£280K10/220.07 mi45, Cornwall Avenue, Peacehaven, East Sussex BN10 8SG2
£364.5K03/230.07 mi20, Searle Avenue, Peacehaven, East Sussex BN10 8TB2
£310K10/210.07 mi11, Cissbury Avenue, Peacehaven, East Sussex BN10 8TJ2
£349.9K08/230.08 mi37, Cornwall Avenue, Peacehaven, East Sussex BN10 8SG2
£260K09/210.09 mi21, Roundhay Avenue, Peacehaven, East Sussex BN10 8TG2
£220K06/210.13 mi6, Montreal Close, Peacehaven, East Sussex BN10 8FG2
£262K10/220.13 mi12, Montreal Close, Peacehaven, East Sussex BN10 8FG2
£275K06/210.14 mi48, South Coast Road, Peacehaven, East Sussex BN10 8SH2
£320K04/210.14 mi32a, Cissbury Avenue, Peacehaven, East Sussex BN10 8TN2
£380K07/230.2 mi39, Vernon Avenue, Peacehaven, East Sussex BN10 8RT2
£295K02/210.2 mi41, Arundel Road, Peacehaven, East Sussex BN10 8RS2
£349.9K06/210.23 mi30, Sunview Avenue, Peacehaven, East Sussex BN10 8RR2
£346K03/230.23 mi5, Cornwall Avenue, Peacehaven, East Sussex BN10 8PT2
£350K05/210.23 mi15, Cornwall Avenue, Peacehaven, East Sussex BN10 8PT2
£286K04/210.23 mi12, Cornwall Avenue, Peacehaven, East Sussex BN10 8PT2
£275K08/220.24 mi8, Cliff Park Close, Peacehaven, East Sussex BN10 8TR2
£340K08/210.25 mi21, Seaview Avenue, Peacehaven, East Sussex BN10 8PP2
£360K06/210.27 mi5, Southdown Avenue, Peacehaven, East Sussex BN10 8PN2
£372.5K11/210.29 mi34, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£268K03/210.29 mi7, Piddinghoe Close, Peacehaven, East Sussex BN10 8RH2
£351K09/230.29 mi6, Vernon Avenue, Peacehaven, East Sussex BN10 8PL2
£355K11/220.3 mi22, Sunview Avenue, Peacehaven, East Sussex BN10 8PJ2
£365K03/230.31 mi107, South Coast Road, Peacehaven, East Sussex BN10 8QU2
£330K03/210.33 mi107, South Coast Road, Peacehaven, East Sussex BN10 8QU2
£455K01/230.33 mi48, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£325K04/210.35 mi10, Gladys Avenue, Peacehaven, East Sussex BN10 8PG2
£319K05/210.35 mi102, Arundel Road, Peacehaven, East Sussex BN10 8RG2
£232.5K03/210.37 mi54, Flint Way, Peacehaven, East Sussex BN10 8GN2
£256K06/210.37 mi26, Flint Way, Peacehaven, East Sussex BN10 8GN2
£310K06/210.41 mi20, Mayfield Avenue, Peacehaven, East Sussex BN10 8PB2
£273K06/210.42 mi54, Slindon Avenue, Peacehaven, East Sussex BN10 8ET2
£305K12/230.45 mi91, Arundel Road, Peacehaven, East Sussex BN10 8EY2
£340K12/220.48 mi20, Slindon Avenue, Peacehaven, East Sussex BN10 8NJ2
£320K03/210.49 mi41, Capel Avenue, Peacehaven, East Sussex BN10 8HB2
£267.5K11/200.5 mi56, Capel Avenue, Peacehaven, East Sussex BN10 8HD2
£316K11/210.62 mi21, Victoria Avenue, Peacehaven, East Sussex BN10 8LX2
£280K06/210.68 mi9, Bramber Close, Peacehaven, East Sussex BN10 8DH2
£305K02/230.71 mi7, Jason Close, Peacehaven, East Sussex BN10 8JZ2
£282K07/210.72 mi45a, Dorothy Avenue, Peacehaven, East Sussex BN10 8HT2
£244.5K01/210.78 mi31a, The Fairway, Newhaven, East Sussex BN9 9XX2
£325K11/220.78 mi27, Horsham Avenue, Peacehaven, East Sussex BN10 8HX2
£305.5K09/230.79 mi9, Brazen Close, Newhaven, East Sussex BN9 9XZ2
£300K06/230.79 mi5, Brazen Close, Newhaven, East Sussex BN9 9XZ2
£276K08/230.8 mi7, The Bricky, Peacehaven, East Sussex BN10 8PQ2
£347K10/230.8 mi15a, Edith Avenue, Peacehaven, East Sussex BN10 8JB2
£336K07/230.82 mi24, Firle Road, Peacehaven, East Sussex BN10 8DB2
£317.5K03/210.87 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£338K06/230.87 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£335K07/210.89 mi49, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2
£330K10/210.89 mi47, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2

Local Rents

14 rents from £975/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.12 miWestview Close, Peacehaven2
£1,35012/240.14 mi-2
£97512/240.19 mi-2
£1,30012/240.19 mi16 South Coast Road, Peacehaven, BN102
£1,05012/240.2 miSouth Coast Road, Peacehaven2
£1,65012/240.24 miSouth Coast Road, Telscombe Cliffs, Peacehaven2
£1,20012/240.27 miSouth Coast Road, BN102
£1,40009/240.28 mi-2
£1,30002/250.35 mi-2
£1,39502/250.4 mi-2
£1,40012/240.41 mi-2
£1,40001/250.41 mi-2
£1,45012/240.45 miSouth Coast Road, Peacehaven2
£1,35012/240.45 miKeymer Avenue, Peacehaven, BN10 8EX2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.93 miles away

Nearest school

0.70 miles away

Nearest train station

1.66 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £300,000

November 13, 2024

Listed for £315,000

July 17, 2024

Floor Plans

Description

  • Excellent First Time or Investment Purchase +
  • South Facing Lounge/Dining Room +
  • Fitted Kitchen +
  • Utility Room +
  • Two Double Bedrooms +
  • Bathroom/WC +
  • Low Maintenance Front Garden +
  • Pleasant Sunny Rear Garden +
  • Well Presnted +
  • Accessible Location +

Grab this rare chance to acquire this well presented, older style property which is situated in this convenient and accessible location. The property has been well looked after during the current owners tenure and boasts a sizable garden which really adds to the appeal.
The property is located within short walking distance of the main coast road with its regular bus service between Brighton and Eastbourne, the cliff top promenade and access to the beach. Just a little further afield you will find local shops, schools open fields and countryside walks.
The front door welcomes you into the spacious entrance porch where there is plenty of space for your coats, shoes and other outdoor paraphernalia. A door from here leads into the south facing lounge/dining room which affords room for a sofa as well as a small dining table and chairs. A window to the front takes in a pleasant view of the front garden. The modern fitted kitchen lies adjacent and this offers plenty of units for storage, contrasting wood effect work surface and space for all of the normal appliances. A window and door access the loggia/utility room which is a very handy space indeed. This offers further appliance space as well as further storage. A south facing double bedroom is found on the ground floor and this offers plenty of space for all of your normal furniture. Lastly a spacious bathroom/wc is also found on the ground floor which incorporates a bath with shower over, wc and basin. Stairs lead to the first floor where there is a great study area if you work from home or could offer the possibility of a play area for the children. Lastly a double bedroom is also found on the first floor which has very useful eaves storage space.
Externally, there is a low maintenance front garden alongside unrestricted on street parking and a very pleasant rear garden. The rear garden offers a patio and lawn area alongside some shrubs and is the perfect spot for adults to relax and the children to play.

Agent Details

Phillip Mann Estate Agents, Peacehaven

01273 109732

Next Steps?

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