4 Bed Semi-Detached House, Single Let, Brighton, BN2 4GD, £475,000

The Highway, Brighton., BN2 4GD - 8 months ago

BTL
ROI: 1%
~129 m²
+13 photos

ValuationUndervalued

Sold Prices£280K - £763K
Sold Prices/m²£3K/m² - £9.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£576,453
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,650 - £4,264

Rent Estimate

£2,036

Running Costs/mo

£1,912

Cashflow/mo

£124

Cashflow/yr

£1,493

ROI

1%

Gross Yield

5%

Local Sold Prices

40 sold prices from £280K to £763K, average is £407.5K. £3K/m² to £9.5K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£380K06/230.08 mi114, Hillside, Brighton, Brighton And Hove BN2 4TE4
£365K10/210.26 mi20, Medmerry Hill, Brighton, East Sussex BN2 4TQ4
£450K09/210.28 mi126, Bevendean Crescent, Brighton, Brighton And Hove BN2 4RD4
£380K12/200.41 mi24, Southall Avenue, Brighton, Brighton And Hove BN2 4BB4
£345K05/210.45 mi2, Barrow Hill, Brighton, Brighton And Hove BN1 7FF4
£345K05/210.45 mi2, Barrow Hill, Brighton, Brighton And Hove BN1 7FF4
£377K12/200.47 mi69, The Avenue, Brighton, Brighton And Hove BN2 4GG4
£332.5K06/210.51 mi38, Upper Bevendean Avenue, Brighton, Brighton And Hove BN2 4FF4
£280K03/210.57 mi103, Moulsecoomb Way, Brighton, Brighton And Hove BN2 4PE4
£414K03/210.6 mi47, Eastbourne Road, Brighton, East Sussex BN2 4DL4
£325K05/210.61 mi51, Lynchet Close, Brighton, Brighton And Hove BN1 7FP4
£341K02/240.62 mi32, Halland Road, Brighton, Brighton And Hove BN2 4PF4
£351K03/240.62 mi16, Nesbitt Road, Brighton, Brighton And Hove BN2 4BL4
£350K06/210.62 mi69, Norwich Drive, Brighton, Brighton And Hove BN2 4LE4
£380K01/210.63 mi45, Buller Road, Brighton, Brighton And Hove BN2 4BH4
£365K03/210.7 mi12, The Meads, Brighton, Brighton And Hove BN1 9BA4
£370K08/210.71 mi29, Baden Road, Brighton, Brighton And Hove BN2 4DP4
£512K05/230.71 mi12, Auckland Drive, Brighton, Brighton And Hove BN2 4JS4
£365K08/210.73 mi16, Ashurst Road, Brighton, Brighton And Hove BN2 4PH4
£340K03/210.75 mi2, Peace Close, Brighton, Brighton And Hove BN1 7AX4
£365K08/210.75 mi16, Ashurst Road, Brighton, Brighton And Hove BN2 4PH4
£460K01/210.78 mi1, Rushlake Road, Brighton, Brighton And Hove BN1 9AE4
£485K11/210.78 mi23, Rushlake Road, Brighton, Brighton And Hove BN1 9AE4
£550K01/230.79 mi11, Coldean Lane, Brighton, Brighton And Hove BN1 9GD4
£580K08/230.79 mi82, Barnett Road, Brighton, Brighton And Hove BN1 7GH4
£450K03/210.8 mi4, Rushlake Road, Brighton, Brighton And Hove BN1 9AD4
£410K12/210.81 mi46, Ewhurst Road, Brighton, Brighton And Hove BN2 4AJ4
£472K06/210.81 mi29, Ewhurst Road, Brighton, Brighton And Hove BN2 4AL4
£426K03/230.82 mi10, Lucraft Road, Brighton, Brighton And Hove BN2 4PN4
£422.5K08/210.83 mi11, Riley Road, Brighton, East Sussex BN2 4AG4
£328.5K06/210.85 mi2, Ludlow Rise, Brighton, Brighton And Hove BN2 4JJ4
£763K12/220.9 mi153, Hollingdean Terrace, Brighton, Brighton And Hove BN1 7HF4
£420K04/210.9 mi69, Dudley Road, Brighton, Brighton And Hove BN1 7GL4
£437K07/230.9 mi27, Ingham Drive, Brighton, Brighton And Hove BN1 9GL4
£405K02/210.94 mi45, Newmarket Road, Brighton, Brighton And Hove BN2 3QG4
£585K06/210.96 mi115, Stanmer Villas, Brighton, Brighton And Hove BN1 7HN4
£480K06/210.96 mi68, Newmarket Road, Brighton, Brighton And Hove BN2 3QF4
£438K11/200.97 mi7, Stanmer Villas, Brighton, Brighton And Hove BN1 7HQ4
£580K03/210.97 mi3, Stanmer Villas, Brighton, East Sussex BN1 7HQ4
£580K06/230.99 mi78, Stanmer Park Road, Brighton, Brighton And Hove BN1 7JJ4

Local Rents

50 rents from £1.6K/mo to £4.3K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£4,19912/240.01 miThe Highway, Brighton, BN27
£3,03312/240.06 miWild Park Close, Brighton, BN25
£2,92512/240.07 miColbourne Avenue, Brighton, BN25
£3,82412/240.07 miHillside, Brighton5
£4,06912/240.08 miHillside, Brighton6
£2,08012/240.1 miSelsfield Drive, Brighton, East Sussex, BN23
£2,45712/240.1 miSelsfield Drive, Brighton3
£3,03312/240.11 miColbourne Avenue, Brighton5
£2,32312/240.11 miWild Park Close, Brighton4
£2,70812/240.11 miHillside, BRIGHTON BN25
£3,12012/240.13 miColbourne Avenue, Brighton6
£3,90012/240.13 miColbourne Avenue, Brighton6
£3,12012/240.14 miWiddicombe Way, Brighton5
£4,26412/240.14 miThe Highway, Brighton6
£1,84612/240.14 miSelsfield Drive, Brighton3
£3,17012/240.17 miWiddicombe Way, Brighton6
£2,50512/240.17 miWiddicombe Way, Brighton4
£2,75012/240.18 miWiddicombe Way, Brighton5
£3,71812/240.18 miWiddicombe Way, Brighton6
£2,96812/240.19 miHillside, Brighton5
£2,10012/240.19 miThe Highway, Brighton, BN23
£3,90012/240.21 miBevendean Crescent, Brighton6
£2,80002/240.23 mi-4
£4,19912/240.23 miHillside, Brighton6
£2,15012/240.23 miHighbrook Close, Brighton, BN23
£3,07712/240.23 miHillside, Bevendean, Brighton, BN25
£2,42612/240.24 miWiddicombe Way, Brighton4
£2,34012/240.24 miMedmerry Hill, Brighton4
£3,90012/240.25 miWiddicombe Way, Brighton6
£2,81712/240.25 miMedmerry Hill, Brighton, BN25
£1,99512/240.25 miHighbrook Close, Brighton3
£2,77312/240.25 miHighbrook Close, Brighton, East Sussex4
£2,77312/240.25 miHighbrook Close, Brighton4
£3,20712/240.25 miHighbrook Close, Brighton4
£2,42612/240.25 miMedmerry Hill, Brighton4
£2,75012/240.27 miSelba Drive, Brighton5
£3,46612/240.27 miMedmerry Hill, Brighton, BN25
£3,03412/240.28 miHillside, Bevendean, Brighton, BN25
£2,63512/240.28 miSelba Drive, Brighton, BN24
£3,64012/240.28 miThe Avenue, Brighton, East Sussex, BN26
£3,69212/240.28 miBevendean Crescent, Brighton6
£2,05012/240.29 miHighbrook Close, Brighton, BN23
£3,03412/240.29 miThe Crescent, Brighton, BN25
£2,30612/240.29 miWiddicombe Way, Brighton, East Sussex, BN24
£3,90012/240.29 miBevendean Crescent, Brighton6
£2,42712/240.3 miWiddicombe Way, Brighton, East Sussex, BN24
£2,60012/240.31 miHodshrove Road, Brighton, BN24
£2,30612/240.31 miBevendean Crescent, Brighton4
£1,65002/250.31 mi-3
£2,49612/240.31 miThe Avenue, Brighton4

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

0.85 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £475,000

August 9, 2024

Floor Plans

Description

  • Corner plot end of terrace house. +
  • Garden and off street parking to the front. +
  • Two spacious garages and further off street parking space +
  • Four Bedrooms. +
  • 73' rear lawned garden.. +
  • No onward chain. +
  • Possible development potential subject to necessary permissions. +
  • Walking distance of railway station. +
  • Easy access to the A27 and A23, +
  • 1006 sq ft/93.4 sq metres, Garages 484 sq ft/45 sq metres. +

This spacious corner plot end of terrace house offers a multitude of possibilities with its generous living space, convenient location and outbuildings.

Upon entering the property, you are greeted by a welcoming hallway. To the front you will find bedroom 4, which can also be utilized as a second reception room/office. The lounge provides a cozy setting for relaxation whilst overlooking the front garden. Leading on to the kitchen at the rear and convenient cloakroom completes the ground floor.

As you ascend to the first floor, you'll find a spacious landing that grants access to three bedrooms, each offering comfortable living space. The property also boasts access to a large loft space, presenting further possible expansion opportunities (STP).

The impressive 73' rear lawned garden is perfect for summer gatherings and outdoor activities. At the top of the garden, two large garages await and an additional off-street parking space ensure convenience for all.

This property is not only a wonderful family home but also holds great potential for development, subject to necessary permissions. Imagine transforming the garages into a studio, workshop, an office or possibly in to a residential unit.

Location is key, and this property offers excellent proximity to various amenities. Within walking distance, you'll find Moulscoomb railway station, popular universities, Sainsbury's supermarket, local shops, and the serene Wild Park Nature Reserve. The property also enjoys easy access to the A27 and A23, making travelling a breeze.

With no onward chain, this house is ready for you to make it your own. Don't miss out on this rare opportunity to own a spacious corner plot end of terrace house with ample living space, a large garden, and two garages.

Agent Details

Oakley Property, Brighton

01273 688881

Next Steps?

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