2 Bed Terraced House, Single Let, Peacehaven, BN10 7NE, £269,950

118, Central Avenue, Telscombe Cliffs, BN10 7NE - 1 views - 8 months ago

Sold STC
BTL
ROI: 1%
~79 m²
+9 photos

ValuationUndervalued

Sold Prices£220K - £413K
Sold Prices/m²£2.7K/m² - £7.5K/m²

 

 

Square Metres

~78.90 m²
Price/m²£3.4K/m²

Value Estimate

£337,438
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,488

Stamp Duty & Legal Fees

£15,695

Total Cash In

£83,183

 

 

Cash Out

 

Rent Range

£1,100 - £2,200

Rent Estimate

£1,125

Running Costs/mo

£1,089

Cashflow/mo

£36

Cashflow/yr

£437

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £413K, average is £313.8K. £2.7K/m² to £7.5K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£315K05/210.05 mi20, Bridle Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DF2
£265K03/210.13 mi11, Berry Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DW2
£284K10/200.15 mi90, Telscombe Cliffs Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DE2
£320K03/210.15 mi76, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£365K11/220.15 mi45, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£263K06/210.17 mi12, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£252K03/210.17 mi4, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£315K03/230.17 mi14, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£380K01/230.23 mi123, Firle Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7RY2
£345K10/220.23 mi53, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LP2
£400K04/230.26 mi66, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£325K08/210.26 mi86, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£275K01/210.31 mi85, Hoddern Avenue, Peacehaven, East Sussex BN10 7QT2
£300K11/220.32 mi7, Shannon Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BQ2
£385K02/230.32 mi39, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BX2
£279.9K05/210.32 mi17, Woodlands Close, Peacehaven, East Sussex BN10 7SF2
£350K12/220.33 mi122, Firle Road, Peacehaven, East Sussex BN10 7QS2
£338K09/220.33 mi122, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£375K11/220.33 mi258, Arundel Road West, Peacehaven, East Sussex BN10 7PP2
£345K12/220.33 mi102, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£399.9K01/230.35 mi38, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£312.5K11/200.35 mi49, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£334.9K12/220.37 mi14, The Ridings, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EF2
£300K12/200.37 mi39, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BX2
£325K03/210.38 mi22, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£220K12/200.38 mi14, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£265K01/210.38 mi10, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£285K12/230.38 mi7, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£329K01/210.38 mi120, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£315K10/200.38 mi124, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£248K01/210.39 mi12, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£325K07/220.39 mi19, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£293K02/230.41 mi12, Mitchelldean, Peacehaven, East Sussex BN10 8EF2
£305K02/210.41 mi211, Arundel Road West, Peacehaven, East Sussex BN10 7PG2
£300K04/210.42 mi36, Malines Avenue, Peacehaven, East Sussex BN10 7PS2
£285K03/210.43 mi20, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BT2
£309K09/210.44 mi8, Second Road, Peacehaven, East Sussex BN10 7JP2
£295K09/220.44 mi46, Foxhill, Peacehaven, East Sussex BN10 7SE2
£246K12/200.44 mi48, Foxhill, Peacehaven, East Sussex BN10 7SE2
£259K12/200.45 mi54, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£325K12/220.45 mi42, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£290K10/210.45 mi4, Fairlight Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BN2
£350K10/220.47 mi120a, Roderick Avenue, Peacehaven, East Sussex BN10 8BS2
£290K12/200.49 mi12, Buckhurst Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AH2
£365K10/220.49 mi48, Sutton Avenue, Peacehaven, East Sussex BN10 7NY2
£413K09/230.49 mi39a, Tyedean Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AT2
£305K05/210.49 mi341, South Coast Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HR2
£345K11/210.49 mi339, South Coast Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HR2
£317.5K01/230.5 mi28, Abbey Close, Peacehaven, East Sussex BN10 7SD2
£245K11/200.52 mi16, Abbey Close, Peacehaven, East Sussex BN10 7SD2

Local Rents

33 rents from £1.1K/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30003/230.33 mi-2
£1,30003/250.35 mi-2
£1,20012/240.45 miFoxhill, Peacehaven2
£1,30012/240.53 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,10012/240.55 miThe Esplanade, Peacehaven, BN10 7EY2
£1,20012/240.63 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,45012/240.63 miTrafalgar Close, Peacehaven, BN102
£2,00007/230.64 mi-2
£1,70007/240.64 mi-2
£1,70004/250.64 mi-2
£1,10012/240.64 mi-2
£1,90203/250.65 mi-2
£1,35012/240.78 miOaklands Avenue, Saltdean2
£1,35012/240.92 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,39502/250.97 mi-2
£1,40012/241 mi-2
£1,45012/241 miSouth Coast Road, Peacehaven2
£1,40012/241.05 mi-2
£1,40001/251.05 mi-2
£1,50012/241.15 miIonian Heights, Suez Way2
£1,50008/231.15 mi-2
£1,55002/251.15 mi-2
£1,50008/231.15 mi-2
£1,30002/251.15 mi-2
£2,20008/231.15 mi-2
£1,50009/231.15 mi-2
£1,50005/241.15 mi-2
£1,50012/241.18 miIonian Heights, Saltdean, BN2 8BQ2
£1,25012/241.18 miSuez Way, Saltdean, Brighton, BN2 8BQ2
£1,40012/241.18 miIonian Heights, Suez Way2
£1,25012/241.19 miLongridge Avenue, Saltdean, BN2 8LG2
£1,35012/241.23 mi-2
£1,20012/241.24 miWestview Close, Peacehaven2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

2.74 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £269,950

January 8, 2025

Price changed to £283,950

November 27, 2024

Listed for £289,950

August 14, 2024

Floor Plans

Description

  • No Chain +
  • Excellent Location +
  • Walking distance of Chatsworth Park, Primary School and Bus Routes +
  • Lounge/Dining Room +
  • Fitted Kitchen +
  • Two Large Double Bedrooms +
  • Bathroom/WC +
  • Front and Rear Gardens +
  • Communal Gardens +
  • Ideal First Time / Investment Purchase +

If you are looking for a MODERN HOME situated in a HIGHLY DESIRABLE POSITION then you have just found the perfect property to purchase. This home has been in the same families ownership for many years and has been well looked after during their tenure. The location is simply terrific and will be an ideal first time purchase or buy to let. The property lies very close to Chatworth Park which is the perfect open space to let the kids play, kick a football or walk the dog. In addition a local primary school is nearby as is a local Tesco convenience store and bus routes to Brighton.
The front door opens into the entrance hall and then a door takes you into the lounge/dining room. This offers the ideal east/west orientation which makes the most of the natural sunlight that simply floods the room either morning or afternoon. The lounge area has plenty of space for your soft furnishings and a handy understairs storage cupboard is also on offer. The dining area has space for a good size table and chairs, a large walk-in storage cupboard and sliding patio doors which access the garden perfectly. The kitchen lies adjacent and here you will find plenty of cupboards for storage, contrasting work surface, as well as a space for all of the normal appliances, alongside a window which overlooks the rear garden. The first floor landing offers various storage options and in addition access all of the first floor rooms. The first floor consists of two double bedrooms with the larger to the front and the second to the rear. The master is very large and therefore offers the potential to be split in to two if the need arises. The bathroom/wc lies close by and consists of bath, wc and basin.
Externally the front garden are open plan and laid to lawn and the rear is mainly laid to lawn with small patio area and flower and shrub borders. An access gate at the rear takes you to the communal parking area which offers ample off street parking.

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 💪