3 Bed Flat, Single Let, Brighton, BN1 4GJ, £400,000

Horsted Court, Kingscote Way, Brighton, BN1 4GJ - 3 views - 5 months ago

Leasehold
BTL
ROI: 1%
~78 m²
+16 photos

ValuationUndervalued

Sold Prices£100K - £900K
Sold Prices/m²£2.7K/m² - £17.8K/m²

 

 

Square Metres

~78.02 m²
Price/m²£5.1K/m²

Value Estimate

£494,203
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,600 - £3,150

Rent Estimate

£1,681

Running Costs/mo

£1,606

Cashflow/mo

£75

Cashflow/yr

£898

ROI

1%

Gross Yield

5%

Local Sold Prices

21 sold prices from £100K to £900K, average is £461K. £2.7K/m² to £17.8K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£497.5K08/230.26 mi6, Campbell Road, Brighton, Brighton And Hove BN1 4QD3
£461K09/230.39 miUpper Maisonette, 37, Hamilton Road, Brighton, Brighton And Hove BN1 5DL3
£825K04/210.44 mi118, Springfield Road, Brighton, Brighton And Hove BN1 6BZ3
£285K07/210.46 mi41a, Dyke Road Drive, Brighton, Brighton And Hove BN1 6AJ3
£306.8K09/210.6 miMaisonette, 4, Franklin Road, Brighton, Brighton And Hove BN2 3AD3
£650K06/210.68 mi7, Bartholomews, Brighton, Brighton And Hove BN1 1HG3
£100K06/230.74 miFlat 5, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AB3
£340K03/210.85 miFlat, 189a, Freshfield Road, Brighton, Brighton And Hove BN2 9YE3
£672.5K11/230.99 mi30a, Brunswick Square, Hove, Brighton And Hove BN3 1ED3
£415K03/231 mi4a, Burton Villas, Hove, Brighton And Hove BN3 6FN3
£390K02/211.02 miBasement Flat, 14, College Road, Brighton, Brighton And Hove BN2 1JB3
£570K06/211.1 miSecond Floor Flat, 15, Palmeira Avenue, Hove, Brighton And Hove BN3 3GA3
£288K11/211.33 mi57, Burstead Close, Brighton, Brighton And Hove BN1 7HT3
£900K07/231.36 miFlat 23, Grand Avenue Mansions, Grand Avenue, Hove, Brighton And Hove BN3 2NA3
£510K09/211.42 miLower Maisonette, 33, Chesham Road, Brighton, Brighton And Hove BN2 1NB3
£205K11/211.51 mi5, Hillside, Brighton, Brighton And Hove BN2 4TA3
£431K10/211.59 mi41a, Sussex Square, Brighton, Brighton And Hove BN2 1GE3
£527.3K06/231.62 miUpper Maisonette, 125, Livingstone Road, Hove, Brighton And Hove BN3 3WN3
£235K05/231.62 miGround Floor Flat, 50, Livingstone Road, Hove, Brighton And Hove BN3 3WL3
£502.5K03/211.63 mi124, Shirley Street, Hove, Brighton And Hove BN3 3WG3
£500K03/211.69 miGround Floor Flat, 5, Arundel Terrace, Brighton, Brighton And Hove BN2 1GA3

Local Rents

50 rents from £1.6K/mo to £3.1K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,14512/240.01 miKingscote Way, Brighton, BN1 4HA3
£2,70012/240.01 miSheffield Court - P15003
£2,22512/240.01 miKingscote Way3
£2,72512/240.02 miKingscote Way, Brighton, BN13
£2,50012/240.02 miHorsted Court, Brighton3
£2,75012/240.02 miHorsted Court - P12533
£3,15012/240.02 miStepney Court, Fleet Street, Brighton, East Sussex, BN13
£2,60012/240.02 miSharpthorne Court - P13773
£2,60012/240.03 miFleet Street3
£2,60012/240.03 mi-3
£2,60012/240.03 miStepney Court - P16203
£2,60012/240.04 miBlackmore Court - P12713
£2,80012/240.04 miHorsted Court - P17103
£2,25012/240.05 miTemple House - P2043S33
£2,90012/240.05 miStepney Court - P13723
£2,73012/240.08 miCheapside, Brighton, BN13
£1,75012/240.09 miCheapside, Brighton, East Sussex, BN13
£1,89512/240.11 miCheapside, Brighton, East Sussex, BN13
£1,75012/240.11 miCheapside, Brighton3
£1,89512/240.11 miCheapside, Brighton3
£2,47512/240.14 miNew England Street, Brighton, East Sussex, BN13
£2,43012/240.14 miNew England Street, BN13
£2,43012/240.14 miNew England Street, BN13
£1,65012/240.16 miYork Place, Brighton3
£1,87512/240.16 miRose Hill Terrace, Brighton3
£1,75012/240.16 miRosehill Terrace, Brighton3
£2,27512/240.17 miRose Hill Terrace, Brighton, East Sussex, BN13
£2,27512/240.17 miRose Hill Terrace, Brighton, East Sussex, BN13
£2,20012/240.17 miWhitecross Building, Whitecross Street, Brighton, BN13
£3,10012/240.17 miStroudley Road - P16743
£2,42412/240.18 miDitchling Road, Brighton3
£2,40512/240.18 miDitchling Road, Brighton3
£3,15012/240.18 miStroudley Road, Brighton, East Sussex, BN13
£1,70012/240.18 mi-3
£2,60012/240.19 miPelham Street, BN13
£2,42512/240.19 miViaduct Road, Brighton3
£2,01512/240.19 miRose Hill Close, Brighton, East Sussex, BN13
£2,57412/240.22 miArgyle Road, Brighton, East Sussex, BN13
£1,95012/240.23 miTidy Street, Brighton, East Sussex, BN13
£2,10012/240.23 miBuckingham Place, City Centre, Brighton, BN13
£2,57312/240.24 miArgyle Road - Well Presented3
£1,75512/240.26 miClyde Road, Brighton3
£2,25012/240.27 miGloucester Road, North Laine, Brighton3
£1,95012/240.28 miGloucester Passage, Brighton3
£2,99012/240.28 miSt. Georges Place, Brighton3
£1,95012/240.28 miGloucester Road, Brighton3
£1,60002/250.29 mi-3
£2,20012/240.29 miNew England Road3
£1,90012/240.3 miUpper Gardner Street, Brighton, BN1 4AN3
£2,10012/240.31 miQueens Gardens, Brighton3

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £400,000

January 11, 2025

Listed for £425,000

November 1, 2024

Floor Plans

Description

  • In The Heart Of City Centre +
  • Bustling Modern Development +
  • South Aspect Balcony +
  • c807 Sq Ft/75 Sq Mtrs +
  • Three Bedrooms +
  • Bathroom Plus En-Suite +
  • Feature Communal Roof Terrace +
  • Large Lounge +
  • Good Sized Modern Kitchen +
  • Passenger Lift +

A must for anybody wanting to be in the very hub of the City Centre, located in a bustling modern development, surrounded by pedestrian walkways, Cafe's and even its own supermarket, and a few steps from Brighton Station, the famous Lanes and all that Central Brighton has to offer.

Located on the second floor, and accessed via a secure entry system, communal hallways are well presented and provide a good first impression and there is also a lift. One of the larger flats within the development, accommodation extends to an impressive 807 square feet (75 square metres) with a good layout, and includes a balcony which is accessed via the living area and which enjoys a favoured south aspect.

All three bedrooms are large enough to accommodate double beds, and the main bedroom has bespoke fitted cupboards and an en-suite shower room. This is in addition to a large main bathroom with modern white suite. A spacious living room provides space for both lounge suite and table and chairs, and a large opening to the rear, leads into a separate kitchen section, with modern units and work tops.

Agent Details

Elliotts, Hove

01273 109706

Next Steps?

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