2 Bed Flat, Single Let, Brighton, BN2 8AX, £350,000

Suez Way, Saltdean, Brighton, East Sussex, BN2 8AX - 4 months ago

Leasehold
BTL
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£130K - £505K
Sold Prices/m²£2.8K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£325,075

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,195 - £2,200

Rent Estimate

£1,250

Running Costs/mo

£1,364

Cashflow/mo

£-114

Cashflow/yr

£-1,365

Gross Yield

4%

Local Sold Prices

37 sold prices from £130K to £505K, average is £270K. £2.8K/m² to £7.5K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£169K10/210.07 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£145K11/210.07 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£255K08/210.34 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£215K09/210.34 mi122a, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FB2
£405K11/210.66 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£300K11/221.09 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£203.5K06/211.11 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£235K07/211.12 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/211.12 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/231.12 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/211.12 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£260K09/221.12 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£230K05/231.14 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£186K11/211.63 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£130K05/211.82 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£217.9K05/232.09 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/232.09 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£317K01/212.15 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£345K05/212.19 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£235K05/212.33 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£225K04/212.44 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2
£238K02/212.47 mi73, Kipling Avenue, Brighton, Brighton And Hove BN2 6UF2
£215K12/202.51 mi5, Lockwood Close, Brighton, Brighton And Hove BN2 6UJ2
£315K08/232.66 miFlat 43, St. Vincents Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XJ2
£325K01/212.69 miFlat 2, Britannia Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SE2
£342K09/212.69 miFlat 70, Britannia Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SF2
£325K11/232.75 mi52, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XB2
£280K12/202.75 mi97, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XB2
£390K10/232.78 mi30, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XA2
£307.5K01/242.78 mi17, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XA2
£415K08/232.81 miFlat 28, Wellington Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5WE2
£505K10/232.81 miFlat 3, Wellington Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5WE2
£290K02/212.83 miFlat 56, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XZ2
£326.5K07/212.83 miFlat 73, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XZ2
£377.5K03/212.83 miFlat 29, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XY2
£392.5K06/232.83 miFlat 39, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XY2
£340K03/232.91 miFlat 73, Neptune Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SN2

Local Rents

16 rents from £1.2K/mo to £2.2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£2,20008/230 mi-2
£1,50009/230 mi-2
£1,50005/240 mi-2
£1,50008/230 mi-2
£1,55002/250 mi-2
£1,50008/230 mi-2
£1,50012/240.01 miIonian Heights, Suez Way2
£1,50012/240.03 miIonian Heights, Saltdean, BN2 8BQ2
£1,25012/240.03 miSuez Way, Saltdean, Brighton, BN2 8BQ2
£1,40012/240.03 miIonian Heights, Suez Way2
£1,25012/240.1 miLongridge Avenue, Saltdean, BN2 8LG2
£1,40012/240.33 mi-2
£1,19512/240.33 mi-2
£1,35012/240.39 miOaklands Avenue, Saltdean2
£1,30012/240.41 miLustrells Vale, Saltdean, Brighton, BN22
£1,90203/250.52 mi-2

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

3.98 miles away

Nearest school

0.40 miles away

Nearest train station

3.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £350,000

November 18, 2024

Description

Your Move are delighted to offer to the sales market this beautifully presented two-bedroom apartment with balcony located in a secure building in a popular Saltdean location. The property comprises of two double bedrooms, a modern family bathroom, kitchen area open plan to the living room. The balcony provides stunning views over Saltdean seafront and is a wraparound style balcony which can be accessed via the lounge through the sliding doors and also from the bedrooms.

To Comprise in further detail:

Open Plan Kitchen / Lounge area
The kitchen area offers a range of modern white kitchen units which include a fitted Fridge /Freezer, Fitted Oven and hob and space for a washing machine. This room is open plan to the lounge area and offers enough space to separate an area for a dinning space and a living space. The living room includes sliding doors which provide access to the balcony.

Balcony
The balcony runs from the Lounge access to the bedrooms and provides plenty of space to be enjoying in the summertime. The balcony provides views over the front communal gardens and leads to views of Saltdean seafront.

Master Bedroom
The first bedroom is a good sized double and has plenty of space through is currently carpeted throughout.

Bedroom 2
The second bedroom is another double room with plenty of space and is also carpeted throughout

Family Bathroom
The family bathroom is a modern bathroom with three piece suite, including bath with shower over, sink and W/C.

Pacific Heights is a secure building that includes security entry system, life access and communal maintained gardens. Located in West Saltdean the property is within easy reach out the stunning South Downs National Park which provides great walking routes. There is a row of convenient shops and pubs located on Longridge Avenue. Bus routes can be found nearby which can take you towards Brighton Marina, Central Brighton and Hove. Saltdean park and the iconic Art Deco Lido can also be found nearby.

If you can please provide the below information and also let me know any other specific key features of the property such as parking / underfloor hearing / any benefits of the building ect ( So I can add these to the description for you)

Tenure: Leasehold,
Years Remaining:
Service Charge:
Ground Rent:
EPC:
Council Tax:

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QBG240221/2

Agent Details

Your Move, Brighton

01273 109723

Next Steps?

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