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
BMV14%

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.

PriceDateDistanceAddressBeds 
£255K08/210.26 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£145K11/210.3 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£169K10/210.3 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£215K09/210.61 mi122a, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FB2
£405K11/210.69 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£203.5K06/210.81 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£300K11/220.81 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£230K05/230.81 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£235K07/210.83 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/210.83 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/230.83 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/210.83 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£260K09/220.83 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£186K11/211.31 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£130K05/211.5 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£217.9K05/231.77 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/231.77 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£317K01/211.83 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£345K05/211.88 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£235K05/212.01 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£225K04/212.13 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2
£238K02/212.69 mi73, Kipling Avenue, Brighton, Brighton And Hove BN2 6UF2
£215K12/202.73 mi5, Lockwood Close, Brighton, Brighton And Hove BN2 6UJ2
£315K08/232.99 miFlat 43, St. Vincents Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XJ2

Local Rents

19 rents from £1.2K/mo to £2.2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.1 miOaklands Avenue, Saltdean2
£1,90203/250.19 mi-2
£1,40012/240.3 mi-2
£1,50012/240.33 miIonian Heights, Suez Way2
£1,50008/230.33 mi-2
£1,55002/250.33 mi-2
£1,50008/230.33 mi-2
£2,20008/230.33 mi-2
£1,50009/230.33 mi-2
£1,50005/240.33 mi-2
£1,50012/240.35 miIonian Heights, Saltdean, BN2 8BQ2
£1,25012/240.35 miSuez Way, Saltdean, Brighton, BN2 8BQ2
£1,40012/240.35 miIonian Heights, Suez Way2
£1,25012/240.38 miLongridge Avenue, Saltdean, BN2 8LG2
£2,00007/230.41 mi-2
£1,70007/240.41 mi-2
£1,70003/250.41 mi-2
£1,20012/240.49 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,19512/240.58 mi-2

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

  • Benefit of a garden and garage +
  • Well presented, bright and spacious +
  • New carpets throughout +
  • South facing lounge +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £220,000 A very well presented, bright and spacious first floor 2 bedroom flat located in a good area close all amenities and having the benefit of a garden and garage. The flat has recently been completely decorated and has new carpets throughout so is ready for its next owner to enjoy without the need for any modernization. The front door leads to an entrance hall with stairs to the first floor. The hallway is a lovely size and creates the feeling of space for the whole flat. The hall has a built in cupboard and a hatch to the loft space. The lounge is a lovely bright south facing room and has some nice views over East Saltdean. There is a wall mounted electric fire and newly fitted blinds. The Kitchen is fitted with a range of modern cream coloured units on 3 walls with matching wall cupboards. There is a built in oven and hob, freestanding washing machine, tumble drier and dishwasher, all included in the sale. A further cupboard houses the modern gas boiler. The walls are attractively tiled and a window has views towards the downs. There are two good size double bedrooms and a modern white/grey bathroom with a ‘P ’shaped bath with shower over, pedestal wash basin, low level wc and attractive tiling to the walls and floor. Outside, there is a path to the front door and a gate to the garden which is south facing and is mainly laid to lawn with surrounding hedges. Another gate leads to the driveway with off road parking and access to the flats own garage. The flat is situated in a small block and comes with a long lease. Longridge Avenue with its various shops and cafes is a 5 minute walk. The seafront is around a 10 minute walk and has an excellent bus service providing frequent access to Brighton City Centre. The flat is offered for sale with no chain. Council tax band: B These particulars are prepared diligently and all reasonable steps are taken to ensure their accuracy. Neither the company or a seller will however be under any liability to any purchaser or prospective purchaser in respect of them. The description, Dimensions and all other information is believed to be correct, but their accuracy is no way guaranteed. The services have not been tested. Any floor plans shown are for identification purposes only and are not to scale Directors: Paul Carruthers Stephen Luck

EPC Rating: D

Agent Details

Carruthers & Luck, Peacehaven

01273 109836

Next Steps?

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