2 Bed Bungalow, Single Let, Peacehaven, BN10 7QJ, £325,000

Sutton Avenue North, Peacehaven, BN10 7QJ - 1 views - 3 months ago

BTL
~84 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £428K
Sold Prices/m²£2.7K/m² - £7.1K/m²

 

 

Square Metres

~84.15 m²
Price/m²£3.9K/m²

Value Estimate

£393,758
BMV21%

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

£975 - £2,000

Rent Estimate

£1,031

Running Costs/mo

£1,242

Cashflow/mo

£-211

Cashflow/yr

£-2,530

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £428K, average is £317.5K. £2.7K/m² to £7.1K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£350K10/220.06 mi120a, Roderick Avenue, Peacehaven, East Sussex BN10 8BS2
£329K01/210.07 mi120, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£315K10/200.07 mi124, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£338K09/220.1 mi122, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£345K12/220.1 mi102, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£275K01/210.11 mi85, Hoddern Avenue, Peacehaven, East Sussex BN10 7QT2
£350K12/220.13 mi122, Firle Road, Peacehaven, East Sussex BN10 7QS2
£293K02/230.14 mi12, Mitchelldean, Peacehaven, East Sussex BN10 8EF2
£220K12/200.17 mi14, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£265K01/210.17 mi10, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£285K12/230.17 mi7, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£317.5K01/230.2 mi28, Abbey Close, Peacehaven, East Sussex BN10 7SD2
£279.9K05/210.21 mi17, Woodlands Close, Peacehaven, East Sussex BN10 7SF2
£336K07/230.22 mi24, Firle Road, Peacehaven, East Sussex BN10 8DB2
£295K09/220.23 mi46, Foxhill, Peacehaven, East Sussex BN10 7SE2
£246K12/200.23 mi48, Foxhill, Peacehaven, East Sussex BN10 7SE2
£380K01/230.23 mi123, Firle Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7RY2
£245K11/200.24 mi16, Abbey Close, Peacehaven, East Sussex BN10 7SD2
£350K02/210.3 mi54, Glynn Road, Peacehaven, East Sussex BN10 7SH2
£280K06/210.31 mi9, Bramber Close, Peacehaven, East Sussex BN10 8DH2
£276K08/230.32 mi7, The Bricky, Peacehaven, East Sussex BN10 8PQ2
£400K04/230.34 mi66, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£325K08/210.34 mi86, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£317.5K03/210.34 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£338K06/230.34 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£305K02/210.37 mi211, Arundel Road West, Peacehaven, East Sussex BN10 7PG2
£428K12/200.38 mi12, Tor Road, Peacehaven, East Sussex BN10 7SX2
£375K11/220.39 mi258, Arundel Road West, Peacehaven, East Sussex BN10 7PP2
£315K05/210.39 mi20, Bridle Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DF2
£305K02/230.39 mi7, Jason Close, Peacehaven, East Sussex BN10 8JZ2
£365K10/220.39 mi48, Sutton Avenue, Peacehaven, East Sussex BN10 7NY2
£325K07/220.41 mi19, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£265K03/210.42 mi11, Berry Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DW2
£263K06/210.42 mi12, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£252K03/210.42 mi4, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£315K03/230.42 mi14, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£248K01/210.43 mi12, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£325K12/220.44 mi42, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£259K12/200.44 mi54, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£334.9K12/220.44 mi14, The Ridings, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EF2
£280K08/220.45 mi19, Pelham Close, Peacehaven, East Sussex BN10 8BW2
£345K10/220.45 mi53, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LP2
£335K07/210.46 mi49, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2
£330K10/210.46 mi47, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2
£365K11/220.46 mi45, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£320K03/210.47 mi76, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£300K11/220.47 mi7, Shannon Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BQ2
£347K10/230.47 mi15a, Edith Avenue, Peacehaven, East Sussex BN10 8JB2
£399.9K01/230.48 mi38, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£312.5K11/200.48 mi49, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2

Local Rents

26 rents from £975/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30003/230.18 mi-2
£1,20012/240.22 miFoxhill, Peacehaven2
£1,45012/240.26 miTrafalgar Close, Peacehaven, BN102
£1,30002/250.38 mi-2
£1,10012/240.55 mi-2
£1,35012/240.56 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,39502/250.62 mi-2
£1,45012/240.71 miSouth Coast Road, Peacehaven2
£1,30002/250.75 mi-2
£1,40012/240.75 mi-2
£1,40001/250.75 mi-2
£1,30012/240.81 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,10012/240.84 miThe Esplanade, Peacehaven, BN10 7EY2
£1,35012/240.85 mi-2
£1,20012/240.87 miWestview Close, Peacehaven2
£1,05012/240.98 miSouth Coast Road, Peacehaven2
£1,20012/240.99 miSouth Coast Road, Peacehaven, BN10 7BE2
£2,00007/231.02 mi-2
£1,70007/241.02 mi-2
£1,70004/251.02 mi-2
£1,90203/251.06 mi-2
£1,40009/241.07 mi-2
£97512/241.17 mi-2
£1,30012/241.18 mi16 South Coast Road, Peacehaven, BN102
£1,35012/241.19 miOaklands Avenue, Saltdean2
£1,65012/241.22 miSouth Coast Road, Telscombe Cliffs, Peacehaven2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.09 miles away

Nearest school

0.20 miles away

Nearest train station

2.43 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £325,000

January 15, 2025

Floor Plans

Description

  • Centrally Located Detached Bungalow +
  • West Facing Living Room +
  • Fitted Kitchen +
  • Two Bedrooms +
  • Conservatory +
  • Garage And Drive +
  • Secluded Rear Garden +
  • No Chain +

This charming DETACHED bungalow presents a WONDERFUL OPPORTUNITY for those looking to create their dream home. The property boasts two SPACIOUS DOUBLE bedrooms, providing ample space for relaxation and rest. The inviting reception room offers a comfortable area for entertaining guests or enjoying quiet evenings in.

While the bungalow is currently in need of improvement, it is a blank canvas awaiting your personal touch. This allows you the freedom to design and renovate according to your own tastes and preferences, making it truly your own. The potential for transformation is significant, and with a little vision, this property could become a stunning residence.

The location is particularly appealing, situated in a popular neighbourhood that offers a sense of community and convenience. Additionally, the property features a garage and parking space for several vehicles, ensuring that you and your guests will never be short of parking options.

This vacant bungalow is an excellent opportunity for first-time buyers, investors, or those looking to downsize. With its desirable location and potential for improvement, it is not to be missed. Embrace the chance to turn this bungalow into a beautiful home tailored to your lifestyle.

Living Room - 4.67 x 3.48 (15'3" x 11'5") -

Kitchen - 3.68 x 2.65 (12'0" x 8'8") -

Bedroom One - 4.43 x 3.19 (14'6" x 10'5") -

Bedroom Two - 3.03 x 2.96 (9'11" x 9'8") -

Conservatory - 2.71 x 3.16 (8'10" x 10'4") -

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 💪