3 Bed Bungalow, Refurb/BRRR, Peacehaven, BN10 7UA, £380,000

Telscombe Road, Peacehaven, East Sussex, BN10 7UA - 7 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£142.5K - £465K
Sold Prices/m²£2.2K/m² - £5.9K/m²

 

 

Square Metres

~93.20 m²
Price/m²£4.1K/m²

Value Estimate

£352,903

 

 

End Value (After Refurb)

£374,943

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£95,000

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£44,095

Bridging Loan Interest

£9,975

Total Cash In

£177,520

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£374,943

Mortgage (After Refinance)

£281,207

Mortgage LTV

75%

Cash Left In

£177,520

Equity

£93,736

Rent Range

£1,150 - £2,100

Rent Estimate

£1,700

Running Costs/mo

£1,532

Cashflow/mo

£168

Cashflow/yr

£2,020

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £142.5K to £465K, average is £321.5K. £2.2K/m² to £5.9K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£375K10/210.01 mi63, Telscombe Road, Peacehaven, East Sussex BN10 7UA3
£435K03/230.04 mi1, Oval Close, Peacehaven, East Sussex BN10 7UW3
£383.5K02/210.11 mi32, Downs Walk, Peacehaven, East Sussex BN10 7ST3
£440K12/230.14 mi30, Anzac Close, Peacehaven, East Sussex BN10 7SY3
£415K02/230.17 mi44, Glynn Road, Peacehaven, East Sussex BN10 7SH3
£435K08/230.23 mi158, Roderick Avenue, Peacehaven, East Sussex BN10 8BX3
£348K12/200.24 mi32, Rustic Close, Peacehaven, East Sussex BN10 7SB3
£305K07/210.24 mi18, Foxhill, Peacehaven, East Sussex BN10 7SE3
£396K12/220.24 mi1, Foxhill, Peacehaven, East Sussex BN10 7SE3
£310K11/200.24 mi5, Foxhill, Peacehaven, East Sussex BN10 7SE3
£307.5K05/230.24 mi26, Foxhill, Peacehaven, East Sussex BN10 7SE3
£465K12/220.26 mi154, Roderick Avenue, Peacehaven, East Sussex BN10 8BX3
£264.9K02/210.27 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£264.9K02/210.27 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£249.9K03/210.27 mi31, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£308K04/210.27 mi72, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£372K06/230.27 mi44, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£375K09/220.27 mi37, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£285K03/210.27 mi64, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£300K02/210.27 mi36, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£302K02/210.27 mi63, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£350K01/210.28 mi10, Barley Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JQ3
£257K12/200.28 mi34, Trafalgar Close, Peacehaven, East Sussex BN10 8AX3
£430K02/230.3 mi23, Cripps Avenue, Peacehaven, East Sussex BN10 8AL3
£345K03/210.32 mi6, Wheatland Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JF3
£375K09/220.32 mi6, Linthouse Close, Peacehaven, East Sussex BN10 8HZ3
£142.5K07/210.33 mi40, Pelham Rise, Peacehaven, East Sussex BN10 8BD3
£395K10/220.33 mi10, Woodlands Close, Peacehaven, East Sussex BN10 7SF3
£392.5K02/230.33 mi42, The Ridings, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EF3
£300K12/200.34 mi3, Woodlands Close, Peacehaven, East Sussex BN10 7SF3
£370K06/230.35 mi4, Canada Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JH3
£349K06/210.35 mi2, Canada Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JH3
£298K04/210.35 mi15, Turnpike Close, Peacehaven, East Sussex BN10 8BU3
£318K02/210.35 mi5, Turnpike Close, Peacehaven, East Sussex BN10 8BU3
£360K09/230.36 mi11, Coney Furlong, Peacehaven, East Sussex BN10 8EH3
£295K12/200.36 mi10, Coney Furlong, Peacehaven, East Sussex BN10 8EH3
£287K05/230.36 mi31, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£243K11/200.36 mi22, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£255K01/210.36 mi5, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£335.5K12/200.37 mi20, Carey Down, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LF3
£375K01/230.37 mi26, Carey Down, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LF3
£295K11/200.37 mi10, Sunset Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EG3
£275K09/210.38 mi23, Pelham Close, Peacehaven, East Sussex BN10 8BW3
£287.5K11/210.38 mi7, Pelham Close, Peacehaven, East Sussex BN10 8BW3
£262K02/210.38 mi14, Pelham Close, Peacehaven, East Sussex BN10 8BW3
£385K11/220.4 mi118, Firle Road, Peacehaven, East Sussex BN10 7QS3
£300K01/210.4 mi31, Rosemary Close, Peacehaven, East Sussex BN10 8BY3
£375K08/220.4 mi2, Rosemary Close, Peacehaven, East Sussex BN10 8BY3
£325K03/210.4 mi151a, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH3
£305K04/210.4 mi145, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH3

Local Rents

18 rents from £1.1K/mo to £2.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.25 miDowns Walk, BN103
£1,60012/240.28 miBarley Close, Telscombe Cliffs, PEACEHAVEN3
£2,00012/240.29 mi-3
£1,95012/240.29 mi-3
£1,95012/240.29 mi-3
£2,00003/250.29 mi-3
£1,60012/240.41 miCollingwood Close, PEACEHAVEN3
£1,75012/240.47 mi-3
£2,10003/240.65 miTelscombe, Lewes, East Sussex, BN73
£1,55012/240.65 mi-3
£1,60012/240.66 miBee Road, BN103
£1,55004/240.7 mi-3
£1,40012/240.89 mi-3
£1,80012/240.96 miEdith Avenue, Peacehaven3
£1,50012/241.01 miSpringfield Avenue Telscombe Cliffs BN103
£1,85012/241.04 miKeymer Avenue, PEACEHAVEN3
£1,15006/241.12 mi-3
£1,75012/241.14 miSouth Coast Road, Telscombe Cliffs, Peacehaven3

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.54 miles away

Nearest school

0.20 miles away

Nearest train station

2.12 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £380,000

March 24, 2025

Price changed to £400,000

February 28, 2025

Price changed to £425,000

November 28, 2024

Listed for £440,000

September 23, 2024

Floor Plans

Description

  • Close to public transport +
  • Shops and amenities nearby +
  • No Chain +
  • Three Bedroom Detached Bungalow +
  • On The Flat +
  • In Need Of Modernisation +
  • Potential to extend STP +
  • Detached garage +

This detached three bedroom bungalow has a great garden and a separate garage, the property is situated in a great location in Telscombe Cliffs and could benefit from modernisation and/or extension STNC & is offered with no onward chain.

The front door leads to an entrance hall which gives access to all the main accommodation with a lounge at the front, a kitchen with a door out to the side, the bathroom and three bedrooms one of which has doors out to the garden.

Externally the formal front garden could be converted to off street parking STNC but you do have the garage which is accessed via Downs Walk W, the rear garden is a good size and is mainly laid to lawn with flower and shrub boarders and paved areas.

The property is very well situated in popular Peacehaven and is minutes away walk from an excellent bus service providing frequent access to Brighton City Centre and direct to the mainline train station.

The area has three nearby primary schools and a secondary school. The cliff tops and the Telscombe Tye are again a couple of minutes away and offer some lovely walks directly into the south downs.

Also close by is Brighton Marina and the cosmopolitan city centre with shops, theatres, bars and restaurants are just a short drive or bus hop away and the popular village of Rottingdean is nearby.

Sporting and recreational facilities nearby are extensive including the recently refurbished Grade II* Saltdean Lido heated outdoor pool, local library, bathing beaches, bowling club, tennis courts, golf clubs, under-cliff path for cycling or walking, and footpaths over the surrounding countryside of the South Downs National Park, or from the end of the road by-way to the attractive village of Rottingdean, with its pubs, shops and village green.
Tax Band D

Agent Details

David Webb Residential, Rottingdean

01273 109826

Next Steps?

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