2 Bed Bungalow, Single Let, Peacehaven, BN10 7EF, £340,000

35, The Ridings, Telscombe Cliffs, BN10 7EF - 3 months ago

BTL
~65 m²
+13 photos

ValuationOvervalued

Sold Prices£220K - £428K
Sold Prices/m²£3.5K/m² - £7.1K/m²

 

 

Square Metres

~64.60 m²
Price/m²£5.3K/m²

Value Estimate

£303,389

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£107,700

 

 

Cash Out

 

Rent Range

£1,100 - £2,000

Rent Estimate

£1,200

Running Costs/mo

£1,323

Cashflow/mo

£-122

Cashflow/yr

£-1,470

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £428K, average is £315K. £3.5K/m² to £7.1K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£248K01/210.09 mi12, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£325K07/220.1 mi19, Lulham Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BG2
£334.9K12/220.11 mi14, The Ridings, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EF2
£300K11/220.17 mi7, Shannon Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BQ2
£279.9K05/210.3 mi17, Woodlands Close, Peacehaven, East Sussex BN10 7SF2
£295K09/220.31 mi46, Foxhill, Peacehaven, East Sussex BN10 7SE2
£246K12/200.31 mi48, Foxhill, Peacehaven, East Sussex BN10 7SE2
£263K06/210.31 mi12, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£252K03/210.31 mi4, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£315K03/230.31 mi14, St Laurence Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7EE2
£265K03/210.34 mi11, Berry Close, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DW2
£220K12/200.34 mi14, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£265K01/210.34 mi10, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£285K12/230.34 mi7, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£380K01/230.34 mi123, Firle Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7RY2
£428K12/200.34 mi12, Tor Road, Peacehaven, East Sussex BN10 7SX2
£245K11/200.36 mi16, Abbey Close, Peacehaven, East Sussex BN10 7SD2
£350K02/210.36 mi54, Glynn Road, Peacehaven, East Sussex BN10 7SH2
£293K02/230.37 mi12, Mitchelldean, Peacehaven, East Sussex BN10 8EF2
£350K12/220.38 mi122, Firle Road, Peacehaven, East Sussex BN10 7QS2
£317.5K01/230.39 mi28, Abbey Close, Peacehaven, East Sussex BN10 7SD2
£315K05/210.43 mi20, Bridle Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DF2
£275K01/210.5 mi85, Hoddern Avenue, Peacehaven, East Sussex BN10 7QT2
£338K09/220.51 mi122, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£345K12/220.51 mi102, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£329K01/210.54 mi120, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£315K10/200.54 mi124, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£350K10/220.55 mi120a, Roderick Avenue, Peacehaven, East Sussex BN10 8BS2
£315K04/230.6 mi3, Swannee Close, Peacehaven, East Sussex BN10 8EZ2
£284K10/200.6 mi90, Telscombe Cliffs Way, Telscombe Cliffs, Peacehaven, East Sussex BN10 7DE2
£320K03/210.62 mi76, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£365K11/220.62 mi45, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NB2
£280K08/220.63 mi19, Pelham Close, Peacehaven, East Sussex BN10 8BW2
£336K07/230.65 mi24, Firle Road, Peacehaven, East Sussex BN10 8DB2
£400K04/230.65 mi66, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£325K08/210.65 mi86, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£305K06/230.66 mi6, Crocks Dean, Peacehaven, East Sussex BN10 8JD2
£276K08/230.67 mi7, The Bricky, Peacehaven, East Sussex BN10 8PQ2
£345K10/220.69 mi53, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LP2
£375K11/220.73 mi258, Arundel Road West, Peacehaven, East Sussex BN10 7PP2
£385K02/230.75 mi39, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BX2
£305K02/210.78 mi211, Arundel Road West, Peacehaven, East Sussex BN10 7PG2
£399.9K01/230.79 mi38, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£312.5K11/200.79 mi49, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£330K05/230.8 mi7, Chailey Crescent, Saltdean, Brighton, East Sussex BN2 8DP2
£280K06/210.8 mi9, Bramber Close, Peacehaven, East Sussex BN10 8DH2
£300K12/200.81 mi39, Cliff Gardens, Telscombe Cliffs, Peacehaven, East Sussex BN10 7BX2
£317.5K03/210.82 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£338K06/230.82 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£365K10/220.83 mi48, Sutton Avenue, Peacehaven, East Sussex BN10 7NY2

Local Rents

18 rents from £1.1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30002/250.14 mi-2
£1,20012/240.31 miFoxhill, Peacehaven2
£1,30003/230.33 mi-2
£1,45012/240.51 miTrafalgar Close, Peacehaven, BN102
£2,00007/230.73 mi-2
£1,70007/240.73 mi-2
£1,70004/250.73 mi-2
£1,90203/250.89 mi-2
£1,30012/241 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,35012/241 miOaklands Avenue, Saltdean2
£1,10012/241 mi-2
£1,10012/241.02 miThe Esplanade, Peacehaven, BN10 7EY2
£1,35012/241.05 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,20012/241.05 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,39502/251.12 mi-2
£1,40012/241.14 mi-2
£1,30002/251.16 mi-2
£1,45012/241.22 miSouth Coast Road, Peacehaven2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.59 miles away

Nearest school

0.50 miles away

Nearest train station

2.28 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £340,000

February 16, 2025

Listed for £350,000

January 17, 2025

Floor Plans

Description

  • No Chain +
  • Modern Detached Bungalow backing onto Open Fields +
  • Lounge +
  • Conservatory +
  • Refitted Kitchen +
  • Two Bedrooms with Built-in Storage +
  • Bathroom/WC +
  • Private Driveway +
  • Garage +
  • Private Rear Garden +

NO CHAIN! If you are looking for a quick move, then this could be the property for you. This is a fantastic opportunity to acquire this detached bungalow which is situated in this enviable position. The property is now in need of light refurbishment but offers the opportunity for the new owners to create their own beautiful home. Situated on this level plot on the northern fringes of Telscombe cliffs it is the perfect location as a short walk will take you to a regular bus routes to Brighton, Chatsworth Park, local schools and local shops. Furthermore, a short walk will take you to open fields and countryside walks.

You are welcomed into the entrance hall which offers an airing cupboard and access to the roof space. The lounge lies towards the rear of the property and offers space for all of your soft furnishings alongside a feature fireplace which takes centre stage. Sliding patio doors to the rear access the adjoining conservatory which is a lovely spot to sit, relax and take in a view of the rear garden. Furthermore, being centrally heated the conservatory offers, all year round use. The refitted kitchen lies nearby and this offers a range of fitted units, contrasting work surfaces and space for all of the normal appliances. A window to the rear overlooks the rear garden. Located at the front are the two south facing bedrooms with both offering built-in storage and a view of the front garden. Lastly a bathroom/wc offers a bath with shower over, basin and wc.

Externally, a pleasant front garden offers an easily maintained open plan lawn area alongside a long private drive which leads to the garage. There is space for a number of vehicles on the drive, so parking will not become a problem here. The private rear garden offers a patio, lawn and some mature shrubs offering some privacy and seclusion.

Agent Details

Phillip Mann Estate Agents, Peacehaven

01273 109732

Next Steps?

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