2 Bed Terraced House, Single Let, Brighton, BN1 2HB, £450,000

Stone Street, Brighton, East Sussex, BN1 2HB - 5 months ago

BTL
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£275K - £790K
Sold Prices/m²£2.6K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£514,328
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£28,700

Total Cash In

£141,200

 

 

Cash Out

 

Rent Range

£1,100 - £3,300

Rent Estimate

£1,350

Running Costs/mo

£1,696

Cashflow/mo

£-346

Cashflow/yr

£-4,155

Gross Yield

4%

Local Sold Prices

50 sold prices from £275K to £790K, average is £480K. £2.6K/m² to £10.4K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£356K11/200.02 mi12, Castle Street, Brighton, Brighton And Hove BN1 2HD2
£275K01/210.07 mi23, Little Preston Street, Brighton, Brighton And Hove BN1 2HQ2
£480K09/210.1 mi9, Crown Street, Brighton, Brighton And Hove BN1 3EH2
£505K01/210.11 mi16, Marlborough Street, Brighton, Brighton And Hove BN1 3EE2
£775K06/210.15 mi42, Victoria Street, Brighton, Brighton And Hove BN1 3FQ2
£700K03/210.15 mi34, Victoria Street, Brighton, East Sussex BN1 3FQ2
£790K07/230.15 mi27, Victoria Street, Brighton, Brighton And Hove BN1 3FQ2
£420K06/230.2 mi31, Sillwood Street, Brighton, Brighton And Hove BN1 2PS2
£655K05/230.2 mi15, Borough Street, Brighton, Brighton And Hove BN1 3BG2
£565K08/210.21 mi10, Borough Street, Brighton, Brighton And Hove BN1 3BG2
£380K12/220.24 mi4, Norfolk Street, Brighton, Brighton And Hove BN1 2PW2
£488.5K08/210.27 mi4, Farman Street, Hove, Brighton And Hove BN3 1AL2
£356K11/210.29 miFirst Floor Flat, 17, Denmark Terrace, Brighton, Brighton And Hove BN1 3AN2
£645K01/230.31 mi26, St Nicholas Road, Brighton, Brighton And Hove BN1 3LP2
£700K05/230.31 mi4, Kew Street, Brighton, Brighton And Hove BN1 3LG2
£385K09/210.43 mi23, Frederick Street, Brighton, Brighton And Hove BN1 4TA2
£450K02/230.43 mi29, Frederick Gardens, Brighton, Brighton And Hove BN1 4TB2
£362.5K11/210.44 mi12, Frederick Gardens, Brighton, Brighton And Hove BN1 4TB2
£620K05/210.44 mi2, Davigdor Road, Hove, Brighton And Hove BN3 1QD2
£575K07/230.44 mi7, West Hill Place, Brighton, Brighton And Hove BN1 3RU2
£495K11/210.45 mi32, West Hill Street, Brighton, Brighton And Hove BN1 3RR2
£705K03/230.45 mi6, West Hill Street, Brighton, Brighton And Hove BN1 3RR2
£472.5K10/210.47 mi26, Foundry Street, Brighton, Brighton And Hove BN1 4AT2
£470K08/210.47 mi15, Foundry Street, Brighton, Brighton And Hove BN1 4AT2
£375K11/210.48 mi29, Frederick Place, Brighton, Brighton And Hove BN1 4EA2
£550K02/210.49 mi3, Queens Gardens, Brighton, East Sussex BN1 4AR2
£486K03/230.51 mi3, Pavilion Mews, Brighton, Brighton And Hove BN1 1GX2
£650K09/210.51 mi52, Kemp Street, Brighton, Brighton And Hove BN1 4EF2
£425K04/230.51 mi4, Kemp Street, Brighton, Brighton And Hove BN1 4EF2
£500K06/230.51 mi21, Kemp Street, Brighton, Brighton And Hove BN1 4EF2
£490K03/230.51 mi28, Upper Gardner Street, Brighton, Brighton And Hove BN1 4AN2
£760K04/210.51 mi2a, Upper Gardner Street, Brighton, Brighton And Hove BN1 4AN2
£550K03/210.51 mi12, Trafalgar Terrace, Brighton, Brighton And Hove BN1 4EG2
£435K03/230.52 mi6, Terminus Place, Brighton, Brighton And Hove BN1 3PR2
£585K11/210.56 mi13, Tidy Street, Brighton, Brighton And Hove BN1 4EL2
£440K04/210.61 mi24, Cheltenham Place, Brighton, Brighton And Hove BN1 4AB2
£550K08/230.61 mi19b, Gloucester Road, Brighton, Brighton And Hove BN1 4AD2
£390K06/230.66 mi19, St Georges Mews, Brighton, Brighton And Hove BN1 4EU2
£410K11/230.66 mi13, St Georges Mews, Brighton, Brighton And Hove BN1 4EU2
£648K06/230.68 mi33, Brigden Street, Brighton, Brighton And Hove BN1 5DP2
£480K02/210.7 mi19, George Street, Brighton, Brighton And Hove BN2 1RH2
£307.5K01/230.77 mi8, Queens Place, Brighton, Brighton And Hove BN1 4JY2
£335K10/210.77 mi4, Queens Place, Brighton, Brighton And Hove BN1 4JY2
£447K09/230.78 mi16, Stafford Road, Brighton, Brighton And Hove BN1 5PF2
£370K03/210.79 mi25, Camelford Street, Brighton, Brighton And Hove BN2 1TQ2
£412.5K06/210.79 mi19a, Camelford Street, Brighton, Brighton And Hove BN2 1TQ2
£610K11/200.83 mi12, Coventry Street, Brighton, Brighton And Hove BN1 5PQ2
£365K04/230.83 mi68, Rose Hill Terrace, Brighton, Brighton And Hove BN1 4JL2
£456K06/210.9 mi37, Belgrave Street, Brighton, Brighton And Hove BN2 9NS2
£443.3K07/210.9 mi4, Belgrave Street, Brighton, Brighton And Hove BN2 9NS2

Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,99503/240.01 mi-2
£3,20002/240.02 mi-2
£2,15012/240.02 mi-2
£2,15001/250.02 mi-2
£2,40002/240.02 mi-2
£2,15002/240.02 mi-2
£1,70001/250.02 mi-2
£2,25012/240.02 mi-2
£1,55012/240.02 miCastle Street, BRIGHTON2
£1,80012/240.03 miWestern Road, Brighton, BN12
£1,85003/250.03 mi-2
£1,99512/240.03 miMitre House, Western Road, Brighton, East Sussex, BN12
£2,20012/240.03 mi-2
£2,15012/240.03 mi-2
£2,20001/250.04 mi-2
£1,15012/240.04 miPreston Street, BRIGHTON2
£2,00012/240.05 miMitre House, 149 Western Road, Brighton, East Sussex, BN12
£2,30012/240.05 miMitre House, Western Road, Brighton2
£3,30002/240.05 mi-2
£3,30002/240.05 mi-2
£2,70012/240.05 mi-2
£2,70001/250.05 mi-2
£2,30012/240.06 miRussell Mews, Brighton2
£2,00012/240.06 miRussell Mews, Brighton2
£1,90012/240.06 miRussell Mews, Brighton2
£1,90012/240.07 miRussell Mews, Brighton2
£2,05012/240.07 miSillwood Terrace, Brighton2
£1,60012/240.07 miSillwood Terrace,BN12
£1,10002/250.08 mi-2
£1,30003/250.08 mi-2
£1,60012/240.08 miRussell Mews, BRIGHTON2
£2,00003/240.08 mi-2
£1,90012/240.08 mi-2
£1,90712/240.1 miCrown Street, Brighton2
£2,25012/240.1 miClarence square, Brighton2
£1,35003/250.1 mi-2
£2,30012/240.1 miRussell Square, Brighton2
£1,70001/250.11 mi-2
£1,72512/240.11 miSillwood Street, Brighton, BN12
£1,35012/240.11 miRegency Square, BRIGHTON2
£1,57502/240.11 mi-2
£1,60012/240.11 miSillwood Place, Brighton, BN12
£1,49512/240.11 miSillwood Street, Brighton2
£1,85012/240.11 miClarence Square, Brighton2
£2,25012/240.12 miClarence square, Brighton2
£1,80012/240.12 miRegency Square, Brighton, BN12
£1,80003/240.12 mi-2
£1,80003/250.12 mi-2
£2,65002/250.12 mi-2
£1,50012/240.13 miMontpelier Road, Brighton, BN12

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

2 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £450,000

December 26, 2024

Listed for £500,000

November 7, 2024

Sold for £115,000

1999

Sold for £85,000

1999

Sold for £85,000

1999

Sold for £50,000

1996

Sold for £26,000

1996

Floor Plans

Description

    • City centre loctaion +
    • Openplan living/kitchen +
    • Modern shower room +
    • Two double bedrooms +
    • Balcony +
    • Close proxmity to the seafront +
    • Good size loft space +

The ground floor features an open-plan living room and kitchen with modern fittings, as well as a sleek shower room with W.C. at the rear of the property. Upstairs, there are two bright double bedrooms, one of which has a delightful balcony, perfect for enjoying a morning coffee.

Situated in the heart of Brighton, the home is just steps from the vibrant Western Road, with its extensive shopping options, and minutes from Churchill Square Shopping Mall. The neighbourhood offers a wide array of shops, coffee spots, trendy bars, and restaurants. Excellent bus routes are nearby, providing convenient access across the city and beyond.

Brighton’s mainline railway station, which connects to Gatwick, London Victoria, London Bridge, and the coast, is only a 10-15 minute walk away, ideal for commuters. The seafront is also within easy walking distance, adding to the home’s perfect blend of city and coastal living.

Agent Details

Winkworth, Hove

01273 109797

Next Steps?

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