2 Bed Flat, Single Let, Peacehaven, BN10 8GF, £239,950

Skylark Avenue, Peacehaven, BN10 8GF - 1 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationFair Value

Sold Prices£130K - £405K
Sold Prices/m²£2.5K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£240,416

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,988

Stamp Duty & Legal Fees

£8,399

Total Cash In

£68,386

 

 

Cash Out

 

Rent Range

£1,200 - £1,450

Rent Estimate

£1,213

Running Costs/mo

£1,012

Cashflow/mo

£201

Cashflow/yr

£2,407

ROI

4%

Gross Yield

6%

Local Sold Prices

33 sold prices from £130K to £405K, average is £217.9K. £2.5K/m² to £7.5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£130K05/210.24 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£186K11/210.37 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£217.9K05/230.42 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/230.42 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£317K01/210.55 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£235K05/210.56 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£345K05/210.57 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£225K04/210.72 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2
£230K05/230.83 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£203.5K06/210.99 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£260K09/221.04 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£235K07/211.05 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/211.05 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/231.05 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/211.05 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£300K11/221.12 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£229.9K04/221.51 mi7a, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£218K04/221.51 mi6, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£185K07/211.56 mi55, Brighton Road, Newhaven, East Sussex BN9 9NG2
£200K11/201.57 miFlat 6, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£217.9K09/231.57 miFlat 5, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£218K09/211.61 mi19, Rectory Close, Newhaven, East Sussex BN9 9HL2
£163.5K03/221.72 mi16a, South Way, Newhaven, East Sussex BN9 9LL2
£255K08/211.75 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£200K01/211.76 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£200K01/211.76 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£210K04/211.76 mi203, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£215K03/221.76 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£185K05/221.82 miGround Floor Flat, 47, Meeching Road, Newhaven, East Sussex BN9 9RL2
£175K01/221.84 miFlat 1, Bridge Mews, Bridge Street, Newhaven, East Sussex BN9 9PJ2
£145K11/211.94 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£169K10/211.94 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£405K11/211.98 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2

Local Rents

11 rents from £1.2K/mo to £1.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45012/240.29 miTrafalgar Close, Peacehaven, BN102
£1,35012/240.36 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,30002/250.37 mi-2
£1,39502/250.42 mi-2
£1,20012/240.49 miFoxhill, Peacehaven2
£1,30003/230.54 mi-2
£1,35012/240.55 mi-2
£1,20012/240.57 miWestview Close, Peacehaven2
£1,45012/240.58 miSouth Coast Road, Peacehaven2
£1,40012/240.61 mi-2
£1,40001/250.61 mi-2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.39 miles away

Nearest school

0.30 miles away

Nearest train station

2.02 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £239,950

August 14, 2024

Floor Plans

Description

  • First Floor Apartment +
  • 2 Allocated Parking Spaces +
  • New Build 2022 +
  • NHBC Warranty +
  • 2 Bedrooms +
  • Fitted Wardrobes +
  • Good Size Bathroom +
  • Open Planned Living Area +
  • Contemporary Fitted Kitchen +
  • Juliet Balcony +

Phillipmann Estate Agents are delighted to offer for sale this MODERN first floor flat which offers SPACIOUS accommodation throughout. At just over TWO YEARS OLD, this property is situated in a highly desirable area with good links to public transport. This property would be ideal for first time buyers or someone looking to downsize.

Stairs to first floor leads to private entrance of flat 3. The entrance hall features, cloaks cupboard and further double storage cupboard with plumbing for washing machine.

Bedroom one is a good size double with fitted wardrobes and bedroom two is a smaller double/single currently used as a dressing room. The bathroom is a fantastic size and features; bath with mixer tap and over head shower attachment, pedestal wash basin, w/c, tiled floor and walls and frosted window to rear

The open planned living area has ample room for all furniture with juliet balcony and french doors to front featuring distant views. The kitchen is fitted with a range of wall and base units with a complementing working surface. Features include; undercounter oven with 4-way gas hob and overhead extractor, window to rear, plumbing for dishwasher and space for fridge freezer

Room sizes:
Lounge: 13'8 x 11'7 (4.17m x 3.53m)
Kitchen: 11'7 x 6'7 (3.53m x 2.01m)
Bedroom 1: 10'1 x 6'8 (3.08m x 2.03m)
Bedroom 2: 10'1 x 9'9 (3.08m x 2.97m)
Allocated parking x 2

Lease - Remainder of 999 years from 2022
Service Charge & Ground Rent - £1443 p/a

Agent Details

Phillip Mann Estate Agents, Peacehaven

01273 109732

Next Steps?

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