2 Bed Flat, Single Let, Brighton, BN1 6YL, £259,950

London Road, BN1 6YL - 3 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£115K - £1.3M
Sold Prices/m²£2.3K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£343,135
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£64,988

Stamp Duty & Legal Fees

£10,700

Total Cash In

£75,688

 

 

Cash Out

 

Rent Range

£1,150 - £2,150

Rent Estimate

£1,159

Running Costs/mo

£1,064

Cashflow/mo

£95

Cashflow/yr

£1,138

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £1.3M, average is £331.5K. £2.3K/m² to £7.1K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£225K12/220.03 miFlat 81, Windsor Court, Tongdean Lane, Withdean, Brighton, Brighton And Hove BN1 5JS2
£210K08/230.03 miFlat 103, Windsor Court, Tongdean Lane, Withdean, Brighton, Brighton And Hove BN1 5JS2
£230.8K05/210.06 miFlat 16, Manhattan Court, Tongdean Lane, Preston, Brighton, Brighton And Hove BN1 6XZ2
£259.9K06/210.42 miFlat 1, Tivoli, Tower Gate, Preston, Brighton, East Sussex BN1 6WT2
£415K09/210.67 mi28a, Loder Road, Brighton, Brighton And Hove BN1 6PJ2
£275K12/200.7 mi3 Surrenden Lodge, Surrenden Road, Brighton, Brighton And Hove BN1 6QB2
£370K12/200.72 miBasement Flat, 67, Preston Drove, Brighton, Brighton And Hove BN1 6LA2
£310K01/210.78 mi9 Woodland Court, Dyke Road Avenue, Hove, Brighton And Hove BN3 6DN2
£332K01/230.78 mi3 Woodland Court, Dyke Road Avenue, Hove, Brighton And Hove BN3 6DN2
£443.5K01/210.88 mi89a, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HF2
£340K11/200.9 mi66a, Lowther Road, Brighton, Brighton And Hove BN1 6LH2
£340K06/210.98 mi95a, Sandgate Road, Brighton, Brighton And Hove BN1 6JP2
£308.5K11/211.1 miFlat 69, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£300K11/201.1 miFlat 46, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£270K10/211.11 mi45, Havelock Road, Brighton, Brighton And Hove BN1 6GL2
£390K02/211.13 mi29b, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA2
£422.5K05/211.14 miGround Floor Flat, 1, Park View Terrace, Brighton, Brighton And Hove BN1 5PW2
£425K09/231.14 miFlat 4, Orchard House, Park View Road, Hove, Brighton And Hove BN3 7AW2
£1.3M01/211.18 mi39, Stanford Avenue, Brighton, Brighton And Hove BN1 6GA2
£331K10/231.22 miTop Flat, 28, Grantham Road, Brighton, Brighton And Hove BN1 6EE2
£271.5K05/211.24 mi33, Fernhurst Crescent, Brighton, Brighton And Hove BN1 8FA2
£585K09/231.25 miApartment 27, Preston Mansions, Preston Park Avenue, Brighton, Brighton And Hove BN1 6HP2
£457.5K09/211.29 miGround Floor Flat, 17, Bigwood Avenue, Hove, Brighton And Hove BN3 6FP2
£228K10/231.29 miFlat 4, Homedrive House, The Drive, Hove, Brighton And Hove BN3 6GE2
£295K07/231.32 miFlat 61, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£290K07/231.32 miFlat 53, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£220K05/231.33 miGround Floor Flat, 4, Springfield Road, Brighton, Brighton And Hove BN1 6DA2
£462K06/231.4 mi60b, Lyndhurst Road, Hove, Brighton And Hove BN3 6FB2
£345K02/231.45 miGround Floor Flat, 66, Denmark Villas, Hove, Brighton And Hove BN3 3TJ2
£411K09/211.46 miFirst And Second Floor Maisonette, 22, Prestonville Road, Brighton, Brighton And Hove BN1 3TL2
£450K01/231.46 mi40, Campbell Road, Brighton, Brighton And Hove BN1 4QD2
£355.8K12/201.47 miGround Floor Flat, 32, Cromwell Road, Hove, Brighton And Hove BN3 3EB2
£1.1M06/211.53 mi58, Davigdor Road, Hove, Brighton And Hove BN3 1RB2
£326K02/231.53 mi3, Waverley Crescent, Brighton, Brighton And Hove BN1 7BG2
£322K12/201.54 miFlat 14b, St Ann's Court, Nizells Avenue, Hove, Brighton And Hove BN3 1PR2
£332.5K04/211.55 mi10, Clarendon Road, Hove, Brighton And Hove BN3 3WS2
£595K07/211.55 mi28, Stroudley Road, Brighton, Brighton And Hove BN1 4BH2
£412.5K03/211.56 miUpper Maisonette, 57, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NF2
£322.5K02/211.57 mi26, Livingstone Road, Hove, Brighton And Hove BN3 3WP2
£212K12/201.57 miLower Ground Floor Flat, 38, Livingstone Road, Hove, Brighton And Hove BN3 3WP2
£243K12/211.57 mi124, Hardwick Road, Hove, Brighton And Hove BN3 8BS2
£115K01/231.6 miGround Floor Flat, 55, Livingstone Road, Hove, Brighton And Hove BN3 3WN2
£180K02/231.6 miLower Ground Floor Flat, 55, Livingstone Road, Hove, Brighton And Hove BN3 3WN2
£355K03/211.62 miGround And First Floor Flat, 90, Livingstone Road, Hove, Brighton And Hove BN3 3WL2
£372.5K11/211.65 miUpper Maisonette, 117, Sackville Road, Hove, Brighton And Hove BN3 3WF2
£365K01/211.66 miSecond Floor Flat, 2, Vernon Terrace, Brighton, Brighton And Hove BN1 3JG2
£137.5K03/231.67 miFirst Floor Flat, 15, Wakefield Road, Brighton, Brighton And Hove BN2 3FP2
£255K06/211.7 mi27b, Upper Lewes Road, Brighton, East Sussex BN2 3FH2
£345K11/201.7 miLower Ground Floor Flat, 61, Buckingham Road, Brighton, Brighton And Hove BN1 3RQ2
£316K06/211.71 mi132a, Upper Lewes Road, Brighton, Brighton And Hove BN2 3FD2

Local Rents

37 rents from £1.1K/mo to £2.1K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50012/240 miThe Park Apartments2
£1,35012/240.02 miLondon Road, BN12
£1,49512/240.03 miLondon Road, Preston2
£1,47501/240.07 mi-2
£1,50003/250.09 mi-2
£1,45002/250.1 mi-2
£1,35002/240.1 mi-2
£1,40012/240.11 miLondon Road, BN12
£1,47512/240.11 miMandalay Court, London Road - P16122
£1,47512/240.11 miMandalay Court, London Road - P16122
£1,75012/240.13 miMandalay Court, Brighton, East Sussex, BN1 8QW2
£1,65003/250.16 mi-2
£1,22512/240.25 miHomeleigh, London Road, Brighton, East Sussex, BN12
£1,49501/250.26 mi-2
£2,15002/250.26 mi-2
£1,60012/240.27 miLaine Close, BN12
£1,42002/240.28 mi-2
£1,39512/240.28 miThe Priory, London Road, Brighton2
£1,30012/240.3 miLeahurst Court Road, BRIGHTON2
£1,32512/240.3 miDene Vale, Brighton, East Sussex2
£1,32512/240.3 miDene Vale, Brighton, East Sussex2
£1,32512/240.3 miDene Vale, Brighton, East Sussex2
£1,50003/250.31 mi-2
£1,40012/240.36 miLondon Road, Preston, BRIGHTON2
£1,45012/240.37 miVarndean Road, Brighton2
£1,15012/240.39 mi-2
£1,40012/240.39 miCliveden Close, BRIGHTON2
£1,55012/240.41 miBarn Rise, BRIGHTON2
£1,50012/240.41 miDyke Road Avenue, Brighton, BN12
£1,39511/230.41 mi-2
£1,40012/240.42 miCliveden Court, Brighton, BN12
£1,40012/240.42 miCliveden Court, Brighton, BN12
£1,30012/240.42 miCliveden Close, Brighton, East Sussex, BN12
£1,47512/240.47 miKingsmere, London Road, Brighton, BN1 6UW2
£1,49512/240.49 miStation Road, Preston, Brighton2
£1,45012/240.56 miCarlton House, Preston Road, Brighton2
£1,30012/240.62 miPreston Road, Brighton, BN1 6SW2

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

2.31 miles away

Nearest school

0.50 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £259,950

February 12, 2025

Listed for £275,000

December 2, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Modern Fitted Kitchen +
  • South Facing Living Room +
  • Modern Bathroom +
  • South Facing Patio Area +
  • Ground Floor +
  • Access to Gym +
  • No Onward Chain +

This ground floor flat is situated in a highly desirable block, offering an ideal living space defined by modern comforts and convenience. The well-arranged accommodation features gas-fired central heating and double glazing. Residents can enjoy peace of mind with a security entry system, enhancing the overall safety of the building. A particularly attractive feature is the access to a south facing patio area. The flat also includes use of garage, a valuable asset in such a sought-after location, along with access to on-site amenities like a communal gym and sauna that cater to a healthy lifestyle.

Conveniently situated near Withdean Park, the flat enjoys easy access to excellent transport links, including the A23 and A27 corridors, which provide direct routes to Gatwick Airport and other destinations. Those commuting by train will appreciate the proximity to Preston Park Railway Station, making trips to the city and beyond a breeze. The vibrant Preston Village is just a short walk away, where residents can find a Sainsbury's local and enjoy the extensive recreational facilities offered by Preston Park. For added convenience, a frequent bus service to the city center operates close by, making it an ideal choice for both working professionals and families alike.

Agent Details

Beaumonts, Brighton

01273 109713

Next Steps?

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