3 Bed Detached House, Single Let, Peacehaven, BN10 7EF, £375,000

9 The Ridings, Peacehaven, East Sussex, BN10 7EF - 2 views - 6 months ago

Under Offer
BTL
80 m²
+14 photos

ValuationOvervalued

Sold Prices£220K - £440K
Sold Prices/m²£2.3K/m² - £5.9K/m²

 

 

Square Metres

80 m²
Price/m²£4.7K/m²

Value Estimate

£326,171

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,150 - £2,100

Rent Estimate

£1,500

Running Costs/mo

£1,492

Cashflow/mo

£8

Cashflow/yr

£98

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £440K, average is £341K. £2.3K/m² to £5.9K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£370K06/230.03 mi4, Canada Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JH3
£349K06/210.03 mi2, Canada Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JH3
£392.5K02/230.04 mi42, The Ridings, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EF3
£309.9K02/210.04 mi12, Shannon Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BQ3
£295K11/200.04 mi10, Sunset Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EG3
£380K11/220.07 mi28, Chatsworth Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EA3
£280K12/200.08 mi28a, Kirby Drive, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DY3
£290K05/230.08 mi42, Kirby Drive, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DY3
£337K03/210.08 mi14, Chatsworth Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EA3
£318K10/200.08 mi6, Chatsworth Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EA3
£350K01/210.11 mi10, Barley Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JQ3
£375K09/220.12 mi37, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£285K03/210.12 mi64, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£300K02/210.12 mi36, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£302K02/210.12 mi63, Stanley Road, Peacehaven, East Sussex BN10 7SP3
£345K03/210.13 mi6, Wheatland Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7JF3
£305K04/210.14 mi11, Northcote Lane, Telscombe Cliffs, Peacehaven, East Sussex BN10 7ED3
£325K03/210.14 mi151a, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH3
£305K04/210.14 mi145, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LH3
£348K12/200.14 mi32, Rustic Close, Peacehaven, East Sussex BN10 7SB3
£335.5K12/200.17 mi20, Carey Down, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LF3
£375K01/230.17 mi26, Carey Down, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LF3
£395K10/220.22 mi10, Woodlands Close, Peacehaven, East Sussex BN10 7SF3
£322.5K05/210.22 mi6, Cavendish Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LQ3
£300K12/200.23 mi3, Woodlands Close, Peacehaven, East Sussex BN10 7SF3
£383.5K02/210.26 mi32, Downs Walk, Peacehaven, East Sussex BN10 7ST3
£388K01/230.27 mi134, Telscombe Cliffs Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DH3
£375K12/210.28 mi26, Bridle Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DF3
£305K07/210.29 mi18, Foxhill, Peacehaven, East Sussex BN10 7SE3
£396K12/220.29 mi1, Foxhill, Peacehaven, East Sussex BN10 7SE3
£310K11/200.29 mi5, Foxhill, Peacehaven, East Sussex BN10 7SE3
£307.5K05/230.29 mi26, Foxhill, Peacehaven, East Sussex BN10 7SE3
£385K11/220.32 mi118, Firle Road, Peacehaven, East Sussex BN10 7QS3
£395K08/220.32 mi8, Park View Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NF3
£359.9K09/220.33 mi98, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE3
£350K06/210.33 mi118, Malines Avenue, Peacehaven, East Sussex BN10 7RL3
£295K09/210.33 mi120, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE3
£220K08/230.34 mi14, Park View Rise, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NQ3
£320K03/230.35 mi84, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE3
£385K04/210.36 mi105, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LE3
£408.5K09/220.37 mi125, Phyllis Avenue, Peacehaven, East Sussex BN10 7RG3
£375K10/210.38 mi63, Telscombe Road, Peacehaven, East Sussex BN10 7UA3
£440K12/230.38 mi30, Anzac Close, Peacehaven, East Sussex BN10 7SY3
£380K11/210.38 mi2a, Lea Road, Peacehaven, East Sussex BN10 7RN3
£435K03/230.38 mi1, Oval Close, Peacehaven, East Sussex BN10 7UW3
£365K06/210.38 mi3, Park Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7ND3
£264.9K02/210.39 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£264.9K02/210.39 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£249.9K03/210.39 mi31, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£308K04/210.39 mi72, Abbey Close, Peacehaven, East Sussex BN10 7SD3

Local Rents

20 rents from £1.1K/mo to £2.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.11 miBarley Close, Telscombe Cliffs, PEACEHAVEN3
£1,50012/240.31 miDowns Walk, BN103
£1,55012/240.34 mi-3
£1,75012/240.39 mi-3
£1,95012/240.52 mi-3
£2,00003/250.52 mi-3
£2,00012/240.52 mi-3
£1,95012/240.52 mi-3
£2,10003/240.64 miTelscombe, Lewes, East Sussex, BN73
£1,60012/240.64 miCollingwood Close, PEACEHAVEN3
£1,50012/240.66 miSpringfield Avenue Telscombe Cliffs BN103
£1,55004/240.77 mi-3
£1,60012/240.79 miBee Road, BN103
£1,15006/240.8 mi-3
£1,75012/240.86 miSouth Coast Road, Telscombe Cliffs, Peacehaven3
£1,80012/240.86 miEdith Avenue, Peacehaven3
£1,40012/240.92 mi-3
£1,85012/241.08 miKeymer Avenue, PEACEHAVEN3
£1,65012/241.1 miBannings Vale, Saltdean, BN23
£1,85012/241.24 miHeathfield Avenue, Saltdean3

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.52 miles away

Nearest school

0.40 miles away

Nearest train station

2.42 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £375,000

October 25, 2024

Sold for £271,250

2017

Sold for £200,000

2003

Sold for £138,950

2001

Sold for £56,000

1999

Sold for £86,000

1998

Floor Plans

Description

  • 1st Floor Bathroom plus Ensuite Shower +
  • Double Glazing throughout +
  • Modernised Ground floor WC +
  • Feature Media wall to reception room +
  • A Bespoke range of kitchen units to include Miele appliances. +
  • Kitchen Diner to include extended work surface bar area. +
  • Single Garage with remote control roller door +
  • Private Drive to side. +
  • A secluded rear garden with tiled terrace and raised lawn +

This Three Bedroom Two Bathroom Linked-Detached Property occupies an enviable corner plot with remote controlled access to a single garage, own driveway and a secluded lawned garden featuring a large porcelain tiled terrace. The property is fully double glazed and has been raised to another level in luxury to include a bespoke media wall running the length of the bright south facing reception room. This high standard of refinement continues into the Kitchen Diner with a range of Claremont Interior fitted shaker style units and Mirostone Artic seamless work surfaces forming a breakfast bar. From this room double doors open out onto a secluded rear garden. The first floor offers three bedrooms, a main bathroom and a newly fitted ensuite shower room. This excellent family home awaits your viewing, by appointment. Located in the sought after area of Telscombe Cliffs on the doorstep of everything that Brighton and Hove has to offer. There are excellent transport links nearby with bus stops a short walk away from the property, leading into Peacehaven and along the coast. For those that drive, the A259 leads you East or West whilst the A26 is easily accessible taking you Northbound. You can find plenty of countryside walks nearby with the closest being the wide open spaces of The Tye whilst Chatsworth Park is situated just south of The Ridings. Telscombe beach and cliffs also provide scenic walks. There are excellent leisure facilities nearby including Sky High Trampoline Park, Peacehaven Leisure Centre and the Saltdean Lido. South Coast Road provides easy access to Sainsburys local as well as a pharmacy and various eateries, coffee shops and pubs.

EPC Rating: D

Agent Details

Mansell McTaggart, Brighton

01273 063361

Next Steps?

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