2 Bed Flat, Single Let, Peacehaven, BN10 8FP, £244,950

Skylark Avenue, Peacehaven, BN10 8FP - 1 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~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£3.6K/m²

Value Estimate

£245,200

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,238

Stamp Duty & Legal Fees

£13,448

Total Cash In

£74,685

 

 

Cash Out

 

Rent Range

£1,200 - £1,450

Rent Estimate

£1,225

Running Costs/mo

£1,030

Cashflow/mo

£195

Cashflow/yr

£2,334

ROI

3%

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
£186K11/210.39 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
£230K05/230.85 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£203.5K06/211.01 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£260K09/221.06 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£235K07/211.07 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/211.07 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/231.07 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/211.07 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£300K11/221.14 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£229.9K04/221.49 mi7a, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£218K04/221.49 mi6, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£185K07/211.54 mi55, Brighton Road, Newhaven, East Sussex BN9 9NG2
£200K11/201.56 miFlat 6, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£217.9K09/231.56 miFlat 5, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£218K09/211.59 mi19, Rectory Close, Newhaven, East Sussex BN9 9HL2
£163.5K03/221.7 mi16a, South Way, Newhaven, East Sussex BN9 9LL2
£200K01/211.75 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£200K01/211.75 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£210K04/211.75 mi203, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£215K03/221.75 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£255K08/211.77 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£185K05/221.8 miGround Floor Flat, 47, Meeching Road, Newhaven, East Sussex BN9 9RL2
£175K01/221.83 miFlat 1, Bridge Mews, Bridge Street, Newhaven, East Sussex BN9 9PJ2
£145K11/211.96 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£169K10/211.96 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£405K11/212 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 
£1,45012/240.3 miTrafalgar Close, Peacehaven, BN102
£1,30002/250.36 mi-2
£1,35012/240.36 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,39502/250.42 mi-2
£1,20012/240.5 miFoxhill, Peacehaven2
£1,35012/240.54 mi-2
£1,30003/230.56 mi-2
£1,20012/240.57 miWestview Close, Peacehaven2
£1,45012/240.59 miSouth Coast Road, Peacehaven2
£1,40012/240.62 mi-2
£1,40001/250.62 mi-2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.41 miles away

Nearest school

0.30 miles away

Nearest train station

2 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £244,950

February 20, 2025

Price changed to £249,950

November 26, 2024

Listed for £259,950

October 9, 2024

Description

  • NO CHAIN +
  • Open Plan Living Accomodation +
  • Allocated Parking +
  • New Build 2022 +
  • NHBC Warranty +
  • Juliet Balcony +
  • Bathroom and Ensuite +
  • First Floor Apartment +
  • Fitted Wardrobes +
  • First Time Buyers / Investors +

NO CHAIN - 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 4. The entrance hall features, cloaks cupboard with plumbing for washing machine.

Both bedrooms are good sized double rooms. Bedroom one benefits from a fully tiled ensuite shower room. The bathroom is a fantastic size and features; bath with mixer tap, pedestal wash basin, tiled walls and w/c.

The double aspect open planned living area has ample room for all soft furnishings with juliet balcony and french doors to front. 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, integral dishwasher and space for fridge freezer, breakfast bar and enclosed combination boiler.

Room sizes:
Lounge / Kitchen / Dining Room: 19'5 x 11'8
Bedroom 1: 13'4 x 9'10
Bedroom 2: 11'9 x 8'10
Bathroom: 7'2 x 6'5
Allocated parking

Lease - Remainder of 999 years from 2022
Service Charge & Ground Rent - circa £125p/m

NO CHAIN

Agent Details

Phillip Mann Estate Agents, Peacehaven

01273 109732

Next Steps?

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