2 Bed Flat, Single Let, Brighton, BN1 2AJ, £800,000

Western Road, City Centre, Brighton, BN1 2AJ - 6 months ago

Leasehold
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£199.5K - £1.1M
Sold Prices/m²£3.1K/m² - £15.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£11.7K/m²

Value Estimate

£387,974

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Total Cash In

£252,700

 

 

Cash Out

 

Rent Range

£1,100 - £3,400

Rent Estimate

£1,350

Running Costs/mo

£2,790

Cashflow/mo

£-1,440

Cashflow/yr

£-17,280

Gross Yield

2%

Local Sold Prices

50 sold prices from £199.5K to £1.1M, average is £376K. £3.1K/m² to £15.2K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£450K01/230.11 mi5, Montpelier Terrace, Brighton, Brighton And Hove BN1 3DF2
£365K06/210.16 miFlat 13, Sillwood Hall, Montpelier Road, Brighton, Brighton And Hove BN1 2LQ2
£199.5K09/230.18 miGround Floor Flat, 6, Bedford Place, Brighton, Brighton And Hove BN1 2PT2
£261.5K06/230.19 miLower Ground Floor Flat, 28, Oriental Place, Brighton, Brighton And Hove BN1 2LL2
£440K02/230.22 mi28b - 28d, Norfolk Square, Brighton, Brighton And Hove BN1 2PD2
£270K12/200.23 mi24d, York Road, Hove, Brighton And Hove BN3 1DL2
£367K05/230.25 mi15a, York Road, Hove, Brighton And Hove BN3 1DJ2
£375K06/210.26 miGround Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£384K03/210.26 miFirst Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£380K02/210.26 miFlat 3, Cawthorne House, Dyke Road, Brighton, Brighton And Hove BN1 3GZ2
£305K06/210.29 mi6, Brunswick Road, Hove, Brighton And Hove BN3 1DG2
£340K03/230.3 miFlat 20, St Nicholas Lodge, Church Street, Brighton, Brighton And Hove BN1 3LJ2
£365K01/210.32 miSecond Floor Flat, 2, Vernon Terrace, Brighton, Brighton And Hove BN1 3JG2
£360K03/210.36 mi68a, Buckingham Road, Brighton, Brighton And Hove BN1 3RJ2
£277K11/230.36 mi72, Brunswick Place, Hove, Brighton And Hove BN3 1NB2
£323.5K07/210.38 miUpper Maisonette, 19, Buckingham Street, Brighton, Brighton And Hove BN1 3LT2
£450K10/230.41 mi55, Frederick Street, Brighton, Brighton And Hove BN1 4TA2
£235K06/210.42 miFirst Floor Flat, 1, Farm Road, Hove, East Sussex BN3 1FB2
£345K11/200.45 miLower Ground Floor Flat, 61, Buckingham Road, Brighton, Brighton And Hove BN1 3RQ2
£405K06/210.46 miFirst Floor Flat, 99, Lansdowne Place, Hove, Brighton And Hove BN3 1FN2
£275K12/200.47 miSecond Floor Flat, 6, Lansdowne Place, Hove, Brighton And Hove BN3 1HG2
£1.1M06/210.48 mi58, Davigdor Road, Hove, Brighton And Hove BN3 1RB2
£411.4K05/210.52 mi31a, Holland Road, Hove, Brighton And Hove BN3 1JE2
£322K12/200.53 miFlat 14b, St Ann's Court, Nizells Avenue, Hove, Brighton And Hove BN3 1PR2
£790K06/210.53 miGround Floor Flat, 35, Brunswick Terrace, Hove, Brighton And Hove BN3 1HA2
£745K07/230.53 miGround Floor Flat, 35, Brunswick Terrace, Hove, Brighton And Hove BN3 1HA2
£640K04/210.54 miFlat 35, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£460K06/210.54 miFlat 27, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£450K10/230.54 miFlat 56, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£415K11/210.54 miFlat 24, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£475K04/230.54 miFlat 75, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£411K09/210.57 miFirst And Second Floor Maisonette, 22, Prestonville Road, Brighton, Brighton And Hove BN1 3TL2
£462K06/230.65 mi60b, Lyndhurst Road, Hove, Brighton And Hove BN3 6FB2
£595K07/210.67 mi28, Stroudley Road, Brighton, Brighton And Hove BN1 4BH2
£415K05/230.69 mi32, Selborne Road, Hove, Brighton And Hove BN3 3AH2
£377K05/210.7 miSecond Floor Flat, 23, Selborne Road, Hove, Brighton And Hove BN3 3AJ2
£300K09/230.7 miBasement Flat, 25, Selborne Road, Hove, Brighton And Hove BN3 3AJ2
£450K01/230.75 mi40, Campbell Road, Brighton, Brighton And Hove BN1 4QD2
£331K11/210.82 miGround Floor Flat, 15, Richmond Terrace, Brighton, Brighton And Hove BN2 9SA2
£718.9K04/230.83 miFlat 14, Grand Avenue Mansions, Grand Avenue, Hove, Brighton And Hove BN3 2NA2
£457.5K09/210.85 miGround Floor Flat, 17, Bigwood Avenue, Hove, Brighton And Hove BN3 6FP2
£295K07/230.85 miFlat 61, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£290K07/230.85 miFlat 53, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£422.5K05/210.86 miGround Floor Flat, 1, Park View Terrace, Brighton, Brighton And Hove BN1 5PW2
£300K11/200.88 miFlat 46, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£308.5K11/210.88 miFlat 69, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£220K05/230.88 miGround Floor Flat, 4, Springfield Road, Brighton, Brighton And Hove BN1 6DA2
£355.8K12/200.89 miGround Floor Flat, 32, Cromwell Road, Hove, Brighton And Hove BN3 3EB2
£412.5K03/210.89 miUpper Maisonette, 57, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NF2
£320K11/200.89 mi110a, Albion Hill, Brighton, East Sussex BN2 9PA2

Local Rents

50 rents from £1.1K/mo to £3.4K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,30012/240 miMitre House, Western Road, Brighton2
£2,00012/240 miMitre House, 149 Western Road, Brighton, East Sussex, BN12
£3,30002/240 mi-2
£3,30002/240 mi-2
£2,70012/240 mi-2
£2,70001/250 mi-2
£2,20012/240.02 mi-2
£1,99512/240.02 miMitre House, Western Road, Brighton, East Sussex, BN12
£2,20001/250.03 mi-2
£2,40002/240.03 mi-2
£2,15002/240.03 mi-2
£1,70001/250.03 mi-2
£2,25012/240.03 mi-2
£1,80012/240.03 miWestern Road, Brighton, BN12
£3,20002/240.05 mi-2
£2,15012/240.05 mi-2
£2,15001/250.05 mi-2
£2,99503/240.06 mi-2
£1,85003/250.06 mi-2
£2,00003/240.06 mi-2
£2,05012/240.07 miSillwood Terrace, Brighton2
£1,60012/240.07 miSillwood Terrace,BN12
£1,55012/240.07 miCastle Street, BRIGHTON2
£2,15012/240.08 mi-2
£1,15012/240.08 miPreston Street, BRIGHTON2
£1,80012/240.09 mi-2
£1,75002/250.09 mi-2
£1,90712/240.09 miCrown Street, Brighton2
£1,70012/240.1 miMontpelier Road, BRIGHTON2
£2,40012/240.1 miMontpelier Road, Brighton, East Sussex, BN12
£2,30012/240.11 miRussell Mews, Brighton2
£2,00012/240.11 miRussell Mews, Brighton2
£1,90012/240.11 miRussell Mews, Brighton2
£3,40012/240.11 miVictoria Street Brighton BN12
£1,90012/240.11 miRussell Mews, Brighton2
£1,57512/240.11 miMontpelier Street, BRIGHTON BN12
£1,75012/240.12 miMontpelier Road, Brighton, BN1 3BA2
£1,10002/250.12 mi-2
£1,30004/250.12 mi-2
£1,80012/240.12 miMontpelier Road, Brighton, BN12
£1,60012/240.12 miRussell Mews, BRIGHTON2
£1,75002/250.12 mi-2
£1,90012/240.13 mi-2
£1,80012/240.13 miClifton Terrace, BRIGHTON2
£1,57502/240.13 mi-2
£1,60012/240.13 miSillwood Place, Brighton, BN12
£2,25012/240.13 miClarence square, Brighton2
£2,25012/240.13 miClarence square, Brighton2
£1,50012/240.13 miMontpelier Road, Brighton, BN12
£1,85012/240.13 miClarence Square, Brighton2

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

1.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £800,000

October 8, 2024

Floor Plans

Description

  • Two Bedroom Penthouse +
  • Central location +
  • Close to Amenities & Short Walk to Seafront +
  • Private South Facing Balcony +
  • Underfloor Heating Throughout +
  • Well Equipped Kitchen With NEFF Appliances +
  • Master En-Suite +
  • Lift Access +

As you step into this remarkable apartment, you are immediately welcomed by a bright and spacious living area that exudes elegance. The open-concept layout effortlessly merges the living, dining, and kitchen spaces, creating an ideal environment for both entertaining and comfortable relaxation. The private south-facing balcony presents sweeping views of the city skyline and the sparkling sea beyond, offering a serene spot to unwind and appreciate the picturesque surroundings.  This property includes two well-proportioned double bedrooms. The master suite is complemented by a luxurious en-suite bathroom, offering a private space for relaxation and rejuvenation. Both bedrooms create a tranquil and restful atmosphere, providing a peaceful escape from the vibrant city life. At the centre of the home lies the impressive kitchen, equipped with a full range of integrated NEFF appliances to satisfy the needs of any home chef. With its contemporary design and premium finishes, the kitchen serves as both a stylish focal point and a functional workspace. **Disclaimer ** Items shown in photographs are NOT included unless specifically mentioned in writing within the sales particulars. They may however be available by separate negotiation. All information, descriptions, dimensions, and other particulars are given in good faith and are believed to be correct, but any intending purchasers, should not rely on them as statements or representations of facts, and must satisfy themselves by inspection or otherwise as to the correctness of each of them. Belvoir has not tested any services, equipment, fixtures, and fittings included in the property so therefore no warranty can be given as to their condition or operation EPC rating: G. Tenure: Leasehold, Length of lease (remaining): 138 years 6 months,

Agent Details

Belvoir - Brighton and Hove, Brighton

01273 021354

Next Steps?

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