5 Bed HMO, Brighton, BN2 4GG £425,000

93 The Avenue, Brighton And Hove, BN2 4GG - 8 views - a year ago
Sold STC
HMO
ROI: 6%
86 m²
Property image

ValuationOvervalued

Sold Prices£355K - £3.9M
Sold Prices/m²£2K/m² - £13.6K/m²

 

 

Square Metres

86 m²
Price/m²£4.9K/m²

Value Estimate

£412,626

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Room Rate

£654

Gross Rent

£3,270

Running Costs/mo

£2,625

Cashflow/mo

£645

Cashflow/yr

£7,736

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £355K to £3.9M, average is £775K. £2K/m² to £13.6K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£414K07/230.15 mi16, Jevington Drive, Brighton, Brighton And Hove BN2 4DG5
£400K11/240.15 mi29, Manton Road, Brighton BN2 4FB5
£510K06/230.3 mi124, Bevendean Crescent, Brighton, Brighton And Hove BN2 4RD5
£355K05/210.32 mi9, Dartmouth Close, Brighton, Brighton And Hove BN2 4HZ5
£435K06/210.33 mi16, Heath Hill Avenue, Brighton, Brighton And Hove BN2 4FH5
£480K03/250.46 mi4, Selba Drive, Brighton BN2 4RG5
£480K03/250.46 mi4, Selba Drive, Brighton BN2 4RG5
£405K06/250.72 mi267, Elm Grove, Brighton BN2 3EA5
£405K06/250.72 mi267, Elm Grove, Brighton BN2 3EA5
£480K10/230.79 mi14, Whippingham Road, Brighton, Brighton And Hove BN2 3PG5
£680K07/231.06 mi6, Hollingbury Terrace, Brighton, Brighton And Hove BN1 7JE5
£670K01/241.11 mi55, Channel View Road, Brighton, Brighton And Hove BN2 6DR5
£1.2M03/231.13 mi114, Stanford Avenue, Brighton, Brighton And Hove BN1 6FE5
£749K04/231.14 mi226, Freshfield Road, Brighton, Brighton And Hove BN2 9YD5
£775K01/251.16 mi345, Ditchling Road, Brighton, Brighton And Hove BN1 6JJ5
£510K06/211.18 mi1, Islingword Street, Brighton, Brighton And Hove BN2 9UR5
£822.5K09/231.18 mi65, Vere Road, Brighton, Brighton And Hove BN1 4NQ5
£510K03/231.26 mi28, Coldean Lane, Brighton, Brighton And Hove BN1 9GD5
£1.9M04/251.32 mi23, West Drive, Brighton BN2 0QU5
£1.9M04/251.32 mi23, West Drive, Brighton BN2 0QU5
£1.3M03/231.33 mi12, East Drive, Brighton, Brighton And Hove BN2 0BQ5
£1.3M06/211.36 mi5, Hollingbury Copse, Brighton, Brighton And Hove BN1 6XD5
£1.3M06/211.38 mi20, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HD5
£1.6M08/231.38 mi24, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HD5
£541.5K03/231.4 mi25, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA5
£986.5K09/211.43 mi2, Balfour Road, Brighton, East Sussex BN1 6NA5
£785K08/251.43 mi43, Queens Park Road, Brighton BN2 0GJ5
£412.5K09/211.48 mi20, Selham Close, Brighton, Brighton And Hove BN1 9EH5
£775K08/211.48 mi30, Bates Road, Brighton, Brighton And Hove BN1 6PG5
£979K10/221.58 mi3, Varndean Holt, Brighton, Brighton And Hove BN1 6QX5
£725K08/211.59 mi23, Tidy Street, Brighton, Brighton And Hove BN1 4EL5
£755K08/211.65 mi39, Hamilton Road, Brighton, Brighton And Hove BN1 5DL5
£650K01/251.65 mi1, Hamilton Road, Brighton, Brighton And Hove BN1 5DL5
£670K02/241.65 mi140, Edward Street, Brighton, Brighton And Hove BN2 0JL5
£1.4M08/231.66 mi29, Beechwood Close, Brighton, Brighton And Hove BN1 8EP5
£970K07/211.67 mi28, Clifton Street, Brighton, Brighton And Hove BN1 3PH5
£990K04/231.68 mi14, Chesham Street, Brighton, Brighton And Hove BN2 1NA5
£1.1M09/211.69 mi72, Old Shoreham Road, Brighton, Brighton And Hove BN1 5DD5
£1.1M11/211.7 mi15, St James's Avenue, Brighton, East Sussex BN2 1QD5
£1.3M01/231.71 mi45, Surrenden Crescent, Brighton, Brighton And Hove BN1 6WE5
£616K09/231.71 mi34, Greenfield Crescent, Brighton, Brighton And Hove BN1 8HJ5
£2.0M01/231.72 mi24, Portland Place, Brighton, Brighton And Hove BN2 1DH5
£562K05/251.73 mi20, Greenfield Crescent, Brighton BN1 8HJ5
£562K05/251.73 mi20, Greenfield Crescent, Brighton BN1 8HJ5
£2.8M05/251.75 mi9, Royal Crescent, Brighton BN2 1AL5
£2.0M06/211.76 mi14, Royal Crescent, Brighton, Brighton And Hove BN2 1AL5
£1.3M06/211.76 mi6, Knoyle Road, Brighton, Brighton And Hove BN1 6RB5
£1.9M12/231.77 mi161, Marine Parade, Brighton, Brighton And Hove BN2 1EJ5
£845K08/231.78 mi9, Varndean Road, Brighton, Brighton And Hove BN1 6RL5
£3.9M01/231.8 mi23, Lewes Crescent, Brighton, Brighton And Hove BN2 1GB5

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

0.35 miles away

Nearest school

0.40 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £425,000

November 19, 2024

Sold for £240,000

2012

Sold for £187,000

2006

Sold for £115,000

2001

Sold for £51,000

1996

Description

  • SOLD Subject to Contract +
  • 5 Bedroom +
  • HMO +
  • Freehold +
  • Council Tax Band: C +
  • EPC: C +
  • Current Gross Rental: £36,408 pa +
  • Current Gross Yield: 8.6% +

Coapt are delighted to have Sale Agreed this fantastic 5 bedroom HMO.

Agent Details

Coapt, Brighton

01273 645797

Next Steps?

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