4 Bed Detached House, Single Let, Peacehaven, BN10 7LF, £475,000

Carey Down, Peacehaven, BN10 7LF - 2 views - 6 months ago

BTL
~161 m²
+11 photos

ValuationUndervalued

Sold Prices£278K - £725K
Sold Prices/m²£2K/m² - £6.7K/m²

 

 

Square Metres

~160.91 m²
Price/m²£3K/m²

Value Estimate

£577,552
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,600

Rent Estimate

£1,550

Running Costs/mo

£1,814

Cashflow/mo

£-264

Cashflow/yr

£-3,172

Gross Yield

4%

Local Sold Prices

50 sold prices from £278K to £725K, average is £420K. £2K/m² to £6.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£353K06/210.01 mi21, Carey Down, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LF4
£420K09/230.06 mi100, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH4
£450K06/210.06 mi153a, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH4
£440K06/210.06 mi106, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH4
£399K01/210.08 mi21, Manor Drive, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EB4
£400K09/230.08 mi3, Manor Drive, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EB4
£473.5K04/230.08 mi4, Manor Drive, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EB4
£400K04/210.1 mi38, Tollgate, Peacehaven, East Sussex BN10 8ED4
£420K04/210.17 mi109, Malines Avenue, Peacehaven, East Sussex BN10 7RL4
£502.5K11/220.17 mi135, Malines Avenue, Peacehaven, East Sussex BN10 7RL4
£360K10/200.17 mi105, Malines Avenue, Peacehaven, East Sussex BN10 7RL4
£375K04/210.18 mi2, Chatsworth Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EA4
£395K06/210.18 mi12, Chatsworth Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EA4
£325K04/210.21 mi10, Berry Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DW4
£450K06/210.21 mi18, Shannon Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BQ4
£725K04/230.21 mi6, Rustic Road, Peacehaven, East Sussex BN10 7SS4
£500K06/210.21 mi60a, Glynn Road West, Peacehaven, East Sussex BN10 7SL4
£420K06/210.22 mi26, Rustic Park, Telscombe Cliffs, Peacehaven, East Sussex BN10 7SW4
£450K05/210.23 mi18, Glynn Rise, Peacehaven, East Sussex BN10 7SG4
£320K08/210.23 mi131, Hoddern Avenue, Peacehaven, East Sussex BN10 7QT4
£443K01/230.23 mi5, Glynn Rise, Peacehaven, East Sussex BN10 7SG4
£395K06/210.27 mi145, Rowe Avenue North, Peacehaven, East Sussex BN10 7QP4
£485K05/210.27 mi67, Telscombe Road, Peacehaven, East Sussex BN10 7UB4
£400K03/230.28 mi162, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL4
£527K12/220.35 mi168, Roderick Avenue North, Peacehaven, East Sussex BN10 8AW4
£310K11/200.39 mi75, Phyllis Avenue, Peacehaven, East Sussex BN10 7RA4
£439.9K09/230.39 mi48, Lincoln Avenue, Peacehaven, East Sussex BN10 7JU4
£446K10/210.39 mi52, Lincoln Avenue, Peacehaven, East Sussex BN10 7JU4
£357.5K03/210.39 mi71, Lincoln Avenue, Peacehaven, East Sussex BN10 7JU4
£425K04/210.41 mi77, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB4
£407K08/230.41 mi40, Southview Road, Peacehaven, East Sussex BN10 8DX4
£450K07/230.43 mi72, Telscombe Cliffs Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DE4
£518K12/200.48 mi7, Mount Caburn Crescent, Peacehaven, East Sussex BN10 8DW4
£600K05/210.48 mi3, Mount Caburn Crescent, Peacehaven, East Sussex BN10 8DW4
£355K06/210.49 mi257, Arundel Road West, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LR4
£375K09/230.49 mi257, Arundel Road West, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LR4
£299K12/200.5 mi16, St Peters Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DU4
£470K09/210.51 mi15, Glynn Road, Peacehaven, East Sussex BN10 8AN4
£535K10/220.56 mi1, Ashmore Close, Peacehaven, East Sussex BN10 8AQ4
£565K01/230.57 mi34, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY4
£278K10/200.58 mi42a, Cavell Avenue, Peacehaven, East Sussex BN10 7NS4
£305K11/200.59 mi11, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LS4
£447.1K12/200.61 mi4, Telscombe Close, Peacehaven, East Sussex BN10 8AS4
£680K12/200.62 mi30, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY4
£322K04/210.63 mi23, Coney Furlong, Peacehaven, East Sussex BN10 8EH4
£426.2K06/210.63 mi9, Morestead, Peacehaven, East Sussex BN10 8EJ4
£327.5K04/210.64 mi12, Downs View, Peacehaven, East Sussex BN10 8JE4
£372K04/210.65 mi21, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BX4
£343K06/210.67 mi66, Steyning Avenue, Peacehaven, East Sussex BN10 8LF4
£340K01/210.68 mi1, Springfield Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AP4

Local Rents

16 rents from £1.5K/mo to £2.6K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95003/250.06 mi-4
£2,10012/240.14 miKirby Drive,Telscombe Cliffs,Peacehaven,BN104
£1,50012/240.18 miDowns Walk, BN103
£1,75012/240.21 mi-3
£1,60012/240.23 miBarley Close, Telscombe Cliffs, PEACEHAVEN3
£1,90001/250.25 mi-4
£2,60012/240.28 miTelscombe Cliff Way4
£1,55012/240.29 mi-3
£1,95012/240.4 mi-3
£2,00003/250.4 mi-3
£2,00012/240.41 mi-3
£1,95012/240.41 mi-3
£1,60012/240.51 miCollingwood Close, PEACEHAVEN3
£1,85012/240.57 miMalines Avenue, PEACEHAVEN4
£1,55005/240.59 mi-3
£1,60012/240.62 miBee Road, BN103

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.34 miles away

Nearest school

0.40 miles away

Nearest train station

2.47 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £475,000

October 15, 2024

Floor Plans

Description

Milestone Group is proud to present this move-in ready, 4-bedroom detached home, perfect for families or investors.

Located in the desirable area of Peacehaven, this spacious property offers close proximity to local amenities, schools, shopping facilities, and various dining establishments. Additionally, it boasts excellent road connections, with easy access to the A27, facilitating travel both locally and beyond.

Key Features:
4 generously sized bedrooms and 3 reception rooms, making this home ideal for family life or investment purposes.
Situated in a prime location with convenient access to transport and daily necessities.
A spacious living room featuring French doors leading to a decking balcony, offering scenic views at the front of the property.
A fitted kitchen and separate dining room, perfect for hosting meals and gatherings, positioned at the rear of the house.
A study room on the ground floor, ideal for remote working or a home office setup.
First Floor:
Four well-proportioned bedrooms, with the master bedroom featuring an ensuite bathroom for added privacy.
A family bathroom offering a tub-shower combination, a hand wash basin, and a WC.
Exterior:
A well-maintained rear garden, perfect for outdoor activities or relaxation.
Integral double garage providing ample storage or parking space, alongside off-road parking at the front of the property.
This home represents an excellent opportunity for buyers looking for a spacious family home or a valuable investment. With the anticipation of high interest, we encourage early inquiries and viewings to avoid missing out on this fantastic property.

Tenure: Freehold

Agent Details

Milestone Group, Eastbourne

01323 403369

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪