2 Bed Terraced House, Single Let, Polegate, BN26 6UT, £325,000

34 The Square, The Village, Alciston, BN26 6UT - 4 months ago

BTL
ROI: 1%
47 m²
+7 photos

ValuationOvervalued

Sold Prices£327K - £725K
Sold Prices/m²£4.2K/m² - £10.5K/m²

 

 

Square Metres

47 m²
Price/m²£6.9K/m²

Value Estimate

£316,483

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,000 - £2,750

Rent Estimate

£1,394

Running Costs/mo

£1,314

Cashflow/mo

£80

Cashflow/yr

£955

ROI

1%

Gross Yield

5%

Local Sold Prices

10 sold prices from £327K to £725K, average is £389.5K. £4.2K/m² to £10.5K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£610.3K05/211.57 miWhite Walls, North Road, Alfriston, Polegate, East Sussex BN26 5XD2
£690K11/221.74 miLittle Stow, The Furlongs, Alfriston, Polegate, East Sussex BN26 5XS2
£595K11/201.79 mi21, Deans Road, Alfriston, Polegate, East Sussex BN26 5XJ2
£394K11/211.79 mi12, North Street, Alfriston, Polegate, East Sussex BN26 5UG2
£362K07/221.8 mi9, North Street, Alfriston, Polegate, East Sussex BN26 5UG2
£327K05/211.8 mi14, North Street, Alfriston, Polegate, East Sussex BN26 5UG2
£355K06/211.81 mi1, Waterloo Square, Alfriston, Polegate, East Sussex BN26 5UD2
£385K02/231.84 miCandle Cottage, High Street, Alfriston, Polegate, East Sussex BN26 5SZ2
£725K11/232.46 miOld School House, The Street, Arlington, Polegate, East Sussex BN26 6SE2
£375K01/242.49 miMilton, The Street, Wilmington, Polegate, East Sussex BN26 5SL2

Local Rents

8 rents from £1K/mo to £2.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,00003/241.28 miLewes Road, Firle, Lewes2
£1,75012/241.31 miBodkins Station Road Berwick3
£2,20012/241.66 miAlfriston4
£2,25012/241.74 mi-3
£2,25002/251.74 mi-3
£1,45012/241.84 miSaint Christophers, Alfriston1
£2,35012/241.88 miWhite Court, Alfriston, BN264
£2,75012/242.34 miChalvington5

Local Area Statistics

Population in BN26

11,451

Town centre distance

4.85 miles away

Nearest school

1.60 miles away

Nearest train station

1.31 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

December 23, 2024

Floor Plans

Description

  • IMMEDIATELY AVAILABLE +
  • NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOMS +
  • SITTING ROOM WITH FEATURE FIREPLACE +
  • FITTED KITCHEN WITH LARDER CUPBOARD +
  • GROUND FLOOR BATHROOM +
  • ENTRANCE LOBBY BOOT ROOM +
  • GRADE II LISTED +
  • CAR PARKING SPACE (on road) +
  • OIL FIRED CENTRAL HEATING +

A truly enchanting end-terrace two-bedroom period cottage ((Grade II listed). Set in the heart of this 'sleepy' downland' village, surrounded by countryside designated as being of outstanding natural beauty. An ideal first time purchase or for those looking for a home where a lifestyle promoting wellbeing and tranquility is to the fore. The accommodation which displays period features such as the feature fireplace and exposed beams comprises:- Two Bedrooms: Sitting Room: Fitted Kitchen with walk in larder cupboard: Boot Room: Inner Hallway: Bathroom (ground floor) Oil Fired central heating. Viewing by appointment, commencing Monday 30th December 2024.

OFFERED FOR SALE WITH VACANT POSSESSION, NO ONWARD CHAIN: An enchanting flint and brick end terrace Grade II Listed cottage, recently decorated throughout with newly fitted (oil fired) boiler. Quietly situated in the heart of much favoured Alciston village, this jewel of a country home is offered for sale with a private, easily maintained west-facing rear garden with detached timber garden store, along with an allocated on-street parking space to the front.

The accommodation comprises:- Entrance Lobby/Boot Room: Inner Hallway: Sitting Room with feature fireplace: Kitchen with 'walk in' pantry cupboard: GF Bathroom: Boiler recess/cupboard: 2 Double Bedrooms: Front (east), side (north) and rear gardens (west).

Mains water and electricity. Oil fired central heating serving panel radiators throughout. Private drainage (septic tank shared with the other two cottages - please note there will be a shared maintenance fee for the emptying of the septic tank). Wealden District Council Tax Band C.

Outside: The front garden provides shared access to all three cottages. Approached via a picket gate in the front flint wall, The private, fully enclosed west-facing rear garden is predominantly laid to lawn with substantial timber garden store .

Agent's Note: There is an allocated parking space on-street for this property. Viewers are asked not to park in the Rose Cottage car park as it is a private home.

The cottage is situated within the charming and historic down land village of Alciston, and mentioned in the Doomsday Book. Alciston nestles at the foot of the South Downs and is renowned for walking and riding. The working farm offers livery and grazing for horses. Berwick with its local shop and main line railway station is about a mile and a half away. The closest primary school is in Firle Village with secondary schooling at Ringmer, Lewes, Upper Dicker, Hailsham and Eastbourne. The historic county town of Lewes is about 7 miles to the west with comprehensive shopping, independent cinema and a fast main line railway service to London Victoria in just over the hour. The coastal and entertainment centres of Eastbourne and Brighton are about 8 to 16 miles respectively. The world famous Glyndebourne Opera House is easily accessible, approximately 6 miles away.

Boot Room/Entrance Lobby - Doors to:- Side entrance, rear garden and inner hallway.

Inner Hallway - Wall mounted radiator, recess housing newly installed 'Wadfow' central heating boiler, dog-leg stairwell with wooden handrail leading to first floor.

Kitchen - 2.46m x 2.39m (8'1 x 7'10) -

Sitting Room - 3.56m x 3.30m (11'8 x 10'10) - Oak panel (painted) front door, feature fireplace with decorative wooden mantle over, fitted shelving, meter cupboard, wall mounted radiator, multi glazed door to Kitchen.

Bedroom 1 - 3.56m x 3.10m (11'8 x 10'2) - Wall mounted radiator, fitted airing cupboard housing copper hot water cylinder with slatted shelf over.

Bedroom 2 - 3.10m x 2.44m (10'2 x 8) - Wall mounted radiator, aspect over surrounding countryside.

Bathroom (Gf) - Suite of white panel bath, tiled walled surround, chromium mixer taps with fitted shower attachment, pedestal hand wash basin, low level W.C.

Agent Details

Rowland Gorringe, Sussex

01323 921627

Next Steps?

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