2 Bed Flat, Single Let, Brighton, BN2 8EL, £220,000
69 Brambletyne Avenue, Saltdean, BN2 8EL, Brighton - 2 views - 2 months ago
Leasehold
Auction
BTL
ROI: 6%
69 m²





+8 photos
ValuationUndervalued
Sold Prices | £130K - £405K |
Sold Prices/m² | £2.8K/m² - £7.5K/m² |
| |
Square Metres | 69 m² |
Price/m² | £3.2K/m² |
Value Estimate | £249,907 |
BMV | 14% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £55,000 |
Stamp Duty & Legal Fees | £7,800 |
Total Cash In | £62,800 |
| |
Cash Out | |
Rent Range | £1,195 - £2,200 |
Rent Estimate | £1,250 |
Running Costs/mo | £958 |
Cashflow/mo | £293 |
Cashflow/yr | £3,510 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
24 sold prices from £130K to £405K, average is £227.5K. £2.8K/m² to £7.5K/m², average is £3.6K/m².
Local Rents
19 rents from £1.2K/mo to £2.2K/mo, average is £1.5K/mo.
Local Area Statistics
Population in BN2 | 93,124 |
Population in Brighton | 208,224 |
Town centre distance | 4.27 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 3.26 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Listed for £220,000
January 23, 2025
Floor Plans

Description
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