3 Bed Bungalow, Single Let, Peacehaven, BN10 8DN, £340,000

206 South Coast Road, Peacehaven, East Sussex, BN10 8JP - 1 views - 4 months ago

Sold STC
BTL
ROI: 2%
~78 m²
+5 photos

ValuationOvervalued

Sold Prices£243K - £465K
Sold Prices/m²£2.6K/m² - £5.9K/m²

 

 

Square Metres

~78.46 m²
Price/m²£4.3K/m²

Value Estimate

£289,780

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£15,900

Total Cash In

£100,900

 

 

Cash Out

 

Rent Range

£1,400 - £2,000

Rent Estimate

£1,519

Running Costs/mo

£1,386

Cashflow/mo

£133

Cashflow/yr

£1,592

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £243K to £465K, average is £340K. £2.6K/m² to £5.9K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£335.1K05/210.03 mi26, Southview Road, Peacehaven, East Sussex BN10 8DR3
£452K03/230.06 mi122, Bramber Avenue North, Peacehaven, East Sussex BN10 8DG3
£335K05/210.07 mi109, Horsham Avenue North, Peacehaven, East Sussex BN10 8DU3
£355K06/210.07 mi114, Horsham Avenue North, Peacehaven, East Sussex BN10 8DT3
£340K11/220.1 mi14, View Road, Peacehaven, East Sussex BN10 8DE3
£347K02/210.11 mi123, Edith Avenue North, Peacehaven, East Sussex BN10 8EB3
£400K06/210.11 mi125, Edith Avenue North, Peacehaven, East Sussex BN10 8EB3
£385K10/220.14 mi18, Firle Road, Peacehaven, East Sussex BN10 8DD3
£302.5K11/210.15 mi99, Roderick Avenue, Peacehaven, East Sussex BN10 8BN3
£400K10/220.17 mi45, Firle Road, Peacehaven, East Sussex BN10 8DA3
£355K07/230.18 mi51, Southview Road, Peacehaven, East Sussex BN10 7QE3
£342.5K03/210.18 mi58, Southview Road, Peacehaven, East Sussex BN10 7QE3
£302K10/200.18 mi110, Roderick Avenue, Peacehaven, East Sussex BN10 8BS3
£300K01/210.2 mi31, Rosemary Close, Peacehaven, East Sussex BN10 8BY3
£375K08/220.2 mi2, Rosemary Close, Peacehaven, East Sussex BN10 8BY3
£312K08/230.21 mi30, The Bricky, Peacehaven, East Sussex BN10 8PQ3
£300K04/210.22 mi127a, Cavell Avenue North, Peacehaven, East Sussex BN10 7QQ3
£298K04/210.25 mi15, Turnpike Close, Peacehaven, East Sussex BN10 8BU3
£318K02/210.25 mi5, Turnpike Close, Peacehaven, East Sussex BN10 8BU3
£375K08/210.27 mi147a, Arundel Road, Peacehaven, East Sussex BN10 8HP3
£292K02/210.28 mi135, Rowe Avenue North, Peacehaven, East Sussex BN10 7QP3
£322K12/200.28 mi11, Damon Close, Peacehaven, East Sussex BN10 8JW3
£287K05/230.29 mi31, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£243K11/200.29 mi22, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£255K01/210.29 mi5, Collingwood Close, Peacehaven, East Sussex BN10 8BA3
£340K06/230.3 mi126, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR3
£375K03/230.31 mi67a, Capel Avenue, Peacehaven, East Sussex BN10 8HD3
£410K09/220.31 mi75, Capel Avenue, Peacehaven, East Sussex BN10 8HD3
£257K12/200.33 mi34, Trafalgar Close, Peacehaven, East Sussex BN10 8AX3
£325K10/200.33 mi81, Keymer Avenue, Peacehaven, East Sussex BN10 8EX3
£297.5K01/210.33 mi50, Keymer Avenue, Peacehaven, East Sussex BN10 8EX3
£264.9K02/210.34 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£264.9K02/210.34 mi42, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£249.9K03/210.34 mi31, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£308K04/210.34 mi72, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£372K06/230.34 mi44, Abbey Close, Peacehaven, East Sussex BN10 7SD3
£370K02/210.34 mi136, Arundel Road, Peacehaven, East Sussex BN10 8HE3
£435K03/210.34 mi134, Arundel Road, Peacehaven, East Sussex BN10 8HE3
£366K07/230.34 mi185, Arundel Road Central, Peacehaven, East Sussex BN10 7NT3
£465K12/220.34 mi154, Roderick Avenue, Peacehaven, East Sussex BN10 8BX3
£312K04/210.34 mi118a, Hoddern Avenue, Peacehaven, East Sussex BN10 7QU3
£385K11/220.35 mi118, Firle Road, Peacehaven, East Sussex BN10 7QS3
£408.5K09/220.37 mi125, Phyllis Avenue, Peacehaven, East Sussex BN10 7RG3
£317.5K12/220.37 mi15, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL3
£340K03/210.37 mi22, Bramber Avenue, Peacehaven, East Sussex BN10 8HR3
£435K08/230.37 mi158, Roderick Avenue, Peacehaven, East Sussex BN10 8BX3
£370K06/210.38 mi38, Horsham Avenue, Peacehaven, East Sussex BN10 8HX3
£399.9K03/210.38 mi51, Horsham Avenue, Peacehaven, East Sussex BN10 8HX3
£340K01/230.39 mi74, Hoddern Avenue, Peacehaven, East Sussex BN10 7QY3
£400K10/220.39 mi37, Edith Avenue, Peacehaven, East Sussex BN10 8JB3

Local Rents

12 rents from £1.4K/mo to £2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55005/240.1 mi-3
£1,60012/240.15 miBee Road, BN103
£1,40012/240.29 mi-3
£1,60012/240.3 miCollingwood Close, PEACEHAVEN3
£1,75012/240.3 mi-3
£1,95012/240.34 mi-3
£2,00003/250.34 mi-3
£2,00012/240.35 mi-3
£1,95012/240.35 mi-3
£1,50012/240.4 miDowns Walk, BN103
£1,85012/240.44 miKeymer Avenue, PEACEHAVEN3
£1,80012/240.45 miEdith Avenue, Peacehaven3

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.18 miles away

Nearest school

0.10 miles away

Nearest train station

2.23 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £340,000

December 3, 2024

Floor Plans

Description

  • Three Bedroom Bungalow +
  • Self Contained Work Office +
  • Recently Fitted Kitchen +
  • Well presented throughout +
  • Plans drawn for roof conversion +
  • NO ONWARD CHAIN +

This delightful bungalow presents an EXCELLENT opportunity for those seeking a COMFORTABLE and WELL APPOINTED home. Boasting THREE bedrooms, this property is perfect for families or those looking to downsize without compromising on space.

The bungalow features a well-designed reception room that invites natural light, creating a warm and welcoming atmosphere. The property is in good decorative order throughout, ensuring that you can move in with ease and enjoy your new surroundings from day one. The recently fitted kitchen and bathroom add a modern touch, providing both style and functionality for everyday living.

One of the standout features of this property is the self-contained work office, ideal for those who work from home or require a dedicated space for projects. This versatile area can also serve as a hobby room or additional storage, catering to your personal needs.

Parking will never be an issue here, as the property offers ample space for several vehicles, making it convenient for families or guests. Furthermore, with no onward chain, you can enjoy a smooth and swift transition into your new home.

In summary, this bungalow on Southview Road is a rare find, combining comfort, modern amenities, and practicality in a desirable location. Whether you are looking to settle down or invest, this property is sure to impress. Do not miss the chance to make it your own.

Hall - . -

Kitchen - 2.82 x 3.91 (9'3" x 12'9") -

Living Room - 3.44 x 4.45 (11'3" x 14'7") -

Bedroom 1 - 2.43 x 4.20 (7'11" x 13'9") -

Bedroom 2 - 1.9 x 4.19 (6'2" x 13'8") -

Bedroom 3 - 1.83 x 6.09 (6'0" x 19'11") -

Bathroom - 1.65 x 1.54 (5'4" x 5'0") -

Separate Wc - . -

Home Office Room - 4.47 x 2.37 (14'7" x 7'9") -

Front Garden -

Rear Garden -

Agent Details

Open House Estate Agents, Brighton

01273 109735

Next Steps?

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