6 Bed HMO, Brighton, BN2 3LD £500,000
170 Lewes Road, Brighton, BN2 3LD - 1 views - a year ago
Sold STC
HMO
Inside Article 4
ROI: 5%
~106 m²
ValuationUndervalued
| Sold Prices | £347K - £2.8M |
| Sold Prices/m² | £3K/m² - £15.5K/m² |
| |
Square Metres | ~105.70 m² |
| Price/m² | £4.7K/m² |
Value Estimate | £615,000 |
| BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £125,000 |
Stamp Duty & Legal Fees | £41,200 |
Total Cash In | £166,200 |
| |
Cash Out | |
Room Rate | £628 |
Gross Rent | £3,768 |
Running Costs/mo | £3,078 |
Cashflow/mo | £690 |
Cashflow/yr | £8,283 |
ROI | 5% |
Gross Yield | 9% |
Local Sold Prices
26 sold prices from £347K to £2.8M, average is £1.2M. £3K/m² to £15.5K/m², average is £6.2K/m².
Local Area Statistics
Population in BN2 | 93,124 |
Population in Brighton | 208,224 |
Town centre distance | 0.81 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.45 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +9% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £500,000
July 26, 2025
Price changed to £525,000
May 15, 2025
Price changed to £550,000
February 20, 2025
Listed for £575,000
September 25, 2024
Floor Plans
Description
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