2 Bed Terraced House, Single Let, Eastbourne, BN21 3UX, £185,000

St. Leonards Road, Eastbourne, East Sussex, BN21 3UX - 3 months ago

Sold STC
BTL
ROI: 6%
~50 m²
+11 photos

ValuationOvervalued

Sold Prices£170K - £345K
Sold Prices/m²£2.4K/m² - £5.2K/m²

 

 

Square Metres

~49.70 m²
Price/m²£3.7K/m²

Value Estimate

£177,436

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£995 - £2,500

Rent Estimate

£1,100

Running Costs/mo

£818

Cashflow/mo

£282

Cashflow/yr

£3,383

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £170K to £345K, average is £235K. £2.4K/m² to £5.2K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£277K11/200.11 mi9, Wharf Road, Eastbourne, East Sussex BN21 3UG2
£275K04/210.11 mi6, Wharf Road, Eastbourne, East Sussex BN21 3UG2
£209K06/210.14 mi1, Glenmore Mews, Eastbourne, East Sussex BN21 3XZ2
£209K06/210.14 mi1, Glenmore Mews, Eastbourne, East Sussex BN21 3XZ2
£250K05/230.14 mi6, Glenmore Mews, Eastbourne, East Sussex BN21 3XZ2
£247.5K03/210.16 mi44, Commercial Road, Eastbourne, East Sussex BN21 3XF2
£170K01/210.2 mi37, Ashford Square, Eastbourne, East Sussex BN21 3TX2
£240K05/210.21 mi110, Ashford Road, Eastbourne, East Sussex BN21 3TP2
£230.5K05/210.22 mi22, Leaf Road, Eastbourne, East Sussex BN21 3TU2
£202K09/210.22 mi17, Leaf Road, Eastbourne, East Sussex BN21 3TU2
£210K06/210.22 mi1, Leaf Road, Eastbourne, East Sussex BN21 3TU2
£195K04/230.22 mi5, Leaf Road, Eastbourne, East Sussex BN21 3TU2
£280K09/220.23 mi37, Ashford Square, Eastbourne, East Sussex BN21 3TX2
£190K07/210.24 mi148, Ashford Road, Eastbourne, East Sussex BN21 3TT2
£238.5K11/200.24 mi48, Susans Road, Eastbourne, East Sussex BN21 3TH2
£251K07/210.3 mi17, Camden Road, Eastbourne, East Sussex BN21 4SU2
£237K10/230.32 mi8, Winchcombe Road, Eastbourne, East Sussex BN22 8DE2
£262K09/230.32 mi72, Winchcombe Road, Eastbourne, East Sussex BN22 8DE2
£223.5K11/200.32 mi39, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£210K02/210.32 mi40, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£239.2K08/210.32 mi49, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£239.2K08/210.32 mi49, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£260.3K08/210.32 mi35, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£250K06/230.32 mi37, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£280K08/230.32 mi41, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£345K02/230.33 mi10, West Street Mews, Eastbourne, East Sussex BN21 4TA2
£275K08/210.33 miYork Cottage, York Road, Eastbourne, East Sussex BN21 4ST2
£285K12/220.34 mi30, Dursley Road, Eastbourne, East Sussex BN22 8DJ2
£235K09/210.36 mi100, Tideswell Road, Eastbourne, East Sussex BN21 3RT2
£192.5K12/210.37 mi78, Winchcombe Road, Eastbourne, East Sussex BN22 8DF2
£197.5K07/210.38 mi65, Dursley Road, Eastbourne, East Sussex BN22 8DH2
£335K02/230.38 mi202, Whitley Road, Eastbourne, East Sussex BN22 8LE2
£240K08/230.38 mi48, Dursley Road, Eastbourne, East Sussex BN22 8DH2
£250K12/200.38 mi7, New Road, Eastbourne, East Sussex BN22 8BT2
£216.5K03/210.38 mi46, New Road, Eastbourne, East Sussex BN22 8BT2
£216.5K03/210.38 mi46, New Road, Eastbourne, East Sussex BN22 8BT2
£268K06/210.38 mi36, New Road, Eastbourne, East Sussex BN22 8BT2
£285K08/210.38 mi40, New Road, Eastbourne, East Sussex BN22 8BT2
£310.5K11/230.39 mi36, New Road, Eastbourne, East Sussex BN22 8BT2
£226.5K03/210.39 mi192, Whitley Road, Eastbourne, East Sussex BN22 8LE2
£250K01/230.4 mi108, Winchcombe Road, Eastbourne, East Sussex BN22 8DF2
£209K06/210.41 mi101, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£193.5K12/200.41 mi105, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£187.5K01/210.41 mi150, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£200K06/210.41 mi99, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£209.9K11/210.41 mi158, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£230K08/230.41 mi79, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£227K09/230.41 mi101, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£230K09/230.41 mi105, Longstone Road, Eastbourne, East Sussex BN22 8DA2
£220K05/210.42 mi17, Sydney Road, Eastbourne, East Sussex BN22 8BG2
£210K12/200.43 mi5, Melbourne Road, Eastbourne, East Sussex BN22 8BD2

Local Rents

51 rents from £995/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99503/240 miSt. Leonards Road, Eastbourne, East Sussex, BN212
£1,20004/240.04 miCommercial Road2
£1,20005/240.04 miCommerical Road2
£1,15003/240.04 miCommercial Road2
£1,20003/240.05 miSt Leonards Road, Eastbourne2
£1,25003/240.05 miSt Leonards Road, Eastbourne2
£1,25003/240.05 miSt Leonards Road, Eastbourne2
£1,20002/250.06 mi-2
£1,20003/240.07 miThe Avenue, Eastbourne, BN212
£1,20003/240.07 miThe Avenue, Eastbourne, BN212
£1,20005/240.07 mi-2
£1,20002/250.07 mi-2
£1,15003/240.09 miThe Avenue, EASTBOURNE2
£1,10003/240.1 miSt. Annes Road, Eastbourne2
£1,00003/240.13 miThe Avenue, Eastbourne2
£1,37503/250.13 mi-2
£1,20003/240.14 miSt. Leonards Road2
£1,35001/250.15 mi-2
£1,20003/240.15 miCommercial Road, EASTBOURNE2
£1,20005/240.15 miClose To Train Station2
£1,15004/240.16 miWharf Road, Eastbourne2
£1,20003/240.17 miThe Avenue, Eastbourne2
£1,25005/240.17 miThe Avenue, Eastbourne, East Sussex, BN212
£1,10003/240.19 miAshford Road, Eastbourne2
£1,10004/240.19 miAshford Road, Eastbourne2
£1,10005/240.19 miAshford Road, Eastbourne2
£1,00004/240.22 miSt. Annes Road, Eastbourne, East Sussex, BN212
£99503/240.22 miUpperton Gardens, Eastbourne, East Sussex, BN212
£1,20004/240.23 miSouthfields Road, Eastbourne2
£2,50003/250.23 mi-2
£1,30003/240.24 miUpperton Gardens, Eastbourne, East Sussex, BN212
£1,15012/240.24 mi-2
£1,10005/240.24 miOld Orchard Road2
£1,20003/240.25 miWeavers Close, Eastbourne2
£1,10004/240.25 miEversfield Road, Eastbourne, BN212
£1,10004/240.25 miEversfield Road, Eastbourne, BN212
£1,10003/240.25 miUpperton Road, EASTBOURNE2
£1,15004/240.25 miUpperton Road, EASTBOURNE2
£1,20003/240.27 miBedfordwell Road, Eastbourne2
£1,20003/250.28 mi-2
£1,50004/240.28 mi-2
£1,30003/240.28 miGildredge Road, EASTBOURNE2
£1,30003/240.28 miGildredge Road, EASTBOURNE2
£1,25004/240.28 miGildredge Road, EASTBOURNE2
£1,50003/240.28 mi-2
£1,15005/240.28 miSouthfields Road, Eastbourne2
£1,15003/240.29 miWinchcombe Road, Eastbourne, East Sussex, BN222
£1,35003/250.29 mi-2
£1,20003/240.31 miAshford Road, Eastbourne, East Sussex, BN212
£99503/240.31 miCornfield Road, Eastbourne, East Sussex, BN212
£1,40002/250.32 mi-2

Local Area Statistics

Population in BN21

24,783

Population in Eastbourne

107,152

Town centre distance

0.36 miles away

Nearest school

0.50 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £185,000

January 23, 2025

Listed for £194,950

December 26, 2024

Floor Plans

Description

Sold Chain Free!! Two bedrooms!! Private Terrace!! Garage!!

In terms of location is doesn’t really get any better if you need to be close to the train station or Town Centre, you are literally 'a stone’s throw away'

Well-presented accommodation which occupies the hall floor is accessed via a communal door.

The accommodation comprise living room with access onto terraces, kitchen fitted with a range of matching units, word tops, electric oven and integral fridge/freezer. There are two bedrooms the master being a spacious double and a good sized single room. There is also a fitted bathroom housing bath, shower cubicle, w.c and wash hand basin.

Externally there is a large terrace to enjoy and there is also an enclosed garage style parking below the building.

Further benefits do include double glazing and gas central heating, the boiler being replaced in 2022.

Agent Details

Freeman Forman, Eastbourne

01323 921841

Next Steps?

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