4 Bed Detached House, Planning Permission, Brighton, BN2 8RB, £650,000

Longridge Avenue, Saltdean, Brighton, East Sussex, BN2 8RB - 1 views - 7 months ago

Sold STC
Planning
~129 m²
+26 photos

ValuationOvervalued

Sold Prices£325K - £1.1M
Sold Prices/m²£2.6K/m² - £10.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£583,261

 

 

End Value (After Refurb)

£622,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£53,700

Refurb Costs

£61,200

Bridging Loan Interest

£17,063

Total Cash In

£296,213

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£622,250

Mortgage (After Refinance)

£466,688

Mortgage LTV

75%

Cash Left In

£296,213

Equity

£155,563

Rent Range

£1,150 - £3,150

Rent Estimate

£1,919

Running Costs/mo

£2,348

Cashflow/mo

£-429

Cashflow/yr

£-5,152

Gross Yield

4%

Local Sold Prices

50 sold prices from £325K to £1.1M, average is £549K. £2.6K/m² to £10.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£650K11/230 mi66, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RB4
£623K11/220.13 mi55, Rodmell Avenue, Saltdean, Brighton, East Sussex BN2 8PG4
£715K06/210.16 mi22, Homebush Avenue, Saltdean, Brighton, East Sussex BN2 8RD4
£475K02/210.18 mi69, Wicklands Avenue, Saltdean, Brighton, East Sussex BN2 8EQ4
£535K04/210.18 mi42, Wicklands Avenue, Saltdean, Brighton, East Sussex BN2 8EP4
£480K09/210.2 mi27, Brambletyne Avenue, Saltdean, Brighton, East Sussex BN2 8EL4
£475K12/200.21 mi47, Greenbank Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QS4
£665K03/230.22 mi12, Nutley Avenue, Saltdean, Brighton, East Sussex BN2 8EB4
£620K02/210.24 mi2b, Walesbeech Road, Saltdean, Brighton, East Sussex BN2 8EF4
£522.9K12/200.25 mi2a, Arundel Drive East, Saltdean, Brighton, Brighton And Hove BN2 8SL4
£470K02/230.26 mi62, Saltdean Vale, Saltdean, Brighton, Brighton And Hove BN2 8HA4
£477.5K11/230.26 mi33, Hamsey Road, Saltdean, Brighton, East Sussex BN2 8EH4
£1.1M08/230.27 mi7, Lynwood Road, Saltdean, Brighton, East Sussex BN2 8EE4
£589K02/230.28 mi32, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DB4
£820K09/210.29 mi181, Marine Drive, Saltdean, Brighton, Brighton And Hove BN2 8DA4
£520K02/230.3 mi77, Greenbank Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QQ4
£617.5K11/230.32 mi12, Hawthorn Close, Saltdean, Brighton, Brighton And Hove BN2 8HX4
£540K12/230.33 mi84, Bevendean Avenue, Saltdean, Brighton, Brighton And Hove BN2 8PE4
£600K03/210.34 mi20, Hamsey Road, Saltdean, Brighton, East Sussex BN2 8DE4
£420K07/230.36 mi69, Ashurst Avenue, Saltdean, Brighton, East Sussex BN2 8DR4
£325K09/230.36 mi47, Ashurst Avenue, Saltdean, Brighton, East Sussex BN2 8DR4
£525K02/210.36 mi136, Rodmell Avenue, Saltdean, Brighton, East Sussex BN2 8PJ4
£545K11/230.36 mi76, Rodmell Avenue, Saltdean, Brighton, East Sussex BN2 8PJ4
£395K02/210.37 mi93, Cissbury Crescent, Saltdean, Brighton, East Sussex BN2 8RH4
£600K08/210.37 mi77, Chichester Drive West, Saltdean, Brighton, Brighton And Hove BN2 8SF4
£585K12/200.42 mi75, Saltdean Vale, Saltdean, Brighton, Brighton And Hove BN2 8HE4
£565K01/210.43 mi8, Founthill Avenue, Saltdean, Brighton, Brighton And Hove BN2 8SG4
£402.5K03/210.44 mi70, Lustrells Crescent, Saltdean, Brighton, East Sussex BN2 8FL4
£645K09/210.46 mi56, Falmer Avenue, Saltdean, Brighton, Brighton And Hove BN2 8FU4
£468K12/200.47 mi48, Lustrells Crescent, Saltdean, Brighton, Brighton And Hove BN2 8FJ4
£507.5K05/210.48 mi12, Lewes Close, Saltdean, Brighton, East Sussex BN2 8DN4
£415.3K05/210.49 mi172, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DJ4
£405K05/210.51 mi6, Ridgewood Avenue, Saltdean, Brighton, Brighton And Hove BN2 8HH4
£670K09/210.51 mi10, Saltdean Drive, Saltdean, Brighton, Brighton And Hove BN2 8SB4
£813K02/230.52 mi16, Tumulus Road, Saltdean, Brighton, Brighton And Hove BN2 8FS4
£345K03/210.53 mi11, Ifield Close, Saltdean, Brighton, East Sussex BN2 8DL4
£427K12/200.54 mi78, Tumulus Road, Saltdean, Brighton, Brighton And Hove BN2 8FS4
£750K10/230.54 mi66, Lenham Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AG4
£380K03/210.55 mi8, Stanmer Avenue, Saltdean, Brighton, East Sussex BN2 8QL4
£760K08/230.56 mi40, Falmer Avenue, Saltdean, Brighton, Brighton And Hove BN2 8FG4
£553K03/210.56 mi21, Lustrells Close, Saltdean, Brighton, Brighton And Hove BN2 8AS4
£468K12/200.56 mi19, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FD4
£780K09/210.56 mi9, Lenham Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AE4
£925K11/220.56 mi6, Marine Close, Saltdean, Brighton, Brighton And Hove BN2 8SA4
£575K12/200.56 mi33, Ridgewood Avenue, Saltdean, Brighton, Brighton And Hove BN2 8HH4
£478K10/230.57 mi23, Tumulus Road, Saltdean, Brighton, Brighton And Hove BN2 8FR4
£390K09/230.58 mi20, Chorley Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AQ4
£606K06/210.59 mi1a, Ashdown Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AH4
£825K11/200.59 mi2, Ashdown Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AH4
£800K12/200.59 mi34, Ashdown Avenue, Saltdean, Brighton, Brighton And Hove BN2 8AH4

Local Rents

18 rents from £1.1K/mo to £3.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65003/240.14 mi-3
£1,65012/240.34 miBannings Vale, Saltdean, BN23
£1,85012/240.36 miHeathfield Avenue, Saltdean3
£1,60012/240.46 miTremola Avenue, Saltdean, BRIGHTON3
£3,15012/240.5 miSaxon Close5
£1,90012/240.52 miLustrells Vale, Saltdean, Brighton3
£2,60009/240.54 mi-3
£2,70903/250.59 mi-4
£1,50012/240.72 miSpringfield Avenue Telscombe Cliffs BN103
£1,70002/250.74 mi-3
£1,15006/240.88 mi-3
£1,55012/241.06 mi-3
£1,75012/241.08 miSouth Coast Road, Telscombe Cliffs, Peacehaven3
£1,75012/241.13 miMarine Drive, Rottingdean, Brighton3
£2,10012/241.16 miKirby Drive,Telscombe Cliffs,Peacehaven,BN104
£2,60012/241.17 miTelscombe Cliff Way4
£1,37512/241.2 mi-4
£1,95003/251.22 mi-4

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

4.02 miles away

Nearest school

0.40 miles away

Nearest train station

3.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £650,000

February 8, 2025

Price changed to £700,000

January 27, 2025

Listed for £725,000

October 11, 2024

Floor Plans

Description

  • Four bedrooms +
  • Three Bathrooms +
  • Level rear garden +
  • Excellent decor throughout +
  • Renovated and extended by curent owners +
  • Under floor heating +
  • private driveway and integral garage +
  • Further potential to extend STNC +
  • Planning permission granted and available on Lewes Council Website Ref;-LW/23/0316 +
  • Sea Views +

This meticulously extended and fully renovated four-bedroom, three-bathroom detached property is situated in a highly sought-after and convenient location, offering a perfect blend of modern living and thoughtful design. As you enter the property through the useful entrance porch, you are welcomed by a generously proportioned hallway that provides ample storage space and sets the tone for the expansive living areas that lie beyond.

At the front of the home, you will find a bright and inviting double-aspect living room, complete with a charming feature fireplace and beautifully crafted wooden flooring. This space seamlessly flows into a versatile study area through double doors, creating a perfect nook for work or relaxation.

Towards the rear of the property, the heart of the home unfolds in the form of a large kitchen and breakfast room that benifits from underfloor heating. This area is a chef’s dream, boasting abundant storage and plenty of room for a sizable breakfast table and useful built in dog flap. The bi-fold doors open directly onto the rear garden, effortlessly blending indoor and outdoor living. Adjoining the kitchen, there is a highly practical utility room equipped with space and plumbing for appliances, as well as further storage options.

The ground floor also features two well-proportioned bedrooms, one of which has direct access to the rear garden, offering flexibility and convenience. The family bathroom on this level is finished to a high standard with a white suite and modern tiling. Additionally, an integral garage provides further storage and potential for various uses.

On the first floor, you will discover two more spacious bedrooms, each benefitting from ample storage and beautifully designed en-suite shower rooms with underfloor heating. The attention to detail is evident in the stylish fittings and elegant tiling.

Externally, the property boasts a meticulously landscaped garden with a paved patio area, perfect for alfresco dining, and a level lawn bordered by mature hedging, ensuring privacy and tranquility. The garden also features external power points, water taps, and enclosed boundaries for added convenience. To the front, a block-paved driveway provides ample off-road parking.

This property presents an ideal opportunity for those seeking a home that has been thoughtfully modernized while still offering further potential to extend (subject to necessary consents). There is currently approved plans for further extension which can be viewed on Lewes Council Planning Website Ref:- LW/23/0316

Viewing is highly recommended to appreciate the exceptional quality and space this home offers.

Longridge Avenue is located in a popular residential area in East Saltdean. A host of lovely footpaths are within a short distance of the property giving easy access to the stunning South Downs National Park providing wonderful walks and outstanding views of the area. Local amenities are all within easy reach with a selection of eateries, pubs, doctors, dentist, pharmacy, post office and shops located on Longridge Avenue itself. Saltdean primary school is located in Chiltington Way & Saltdean Park and the famous Art deco Lido, offering a variety of leisure activities are within walking distance. Further pleasant under cliff walks along the coast are a stone’s throw away and bus routes are found on Saltdean Vale, Lustrells Vale and Longridge Avenue. Brighton’s Mainline Railway Station is approximately 5 miles away.

Agent Details

King & Chasemore, Saltdean

01273 109742

Next Steps?

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