2 Bed Flat, Single Let, Peacehaven, BN10 8SX, £300,000

South Coast Road, Peacehaven, East Sussex, BN10 8SX - 3 months ago

Leasehold
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£130K - £345K
Sold Prices/m²£2.5K/m² - £5.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£235,118

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£975 - £1,650

Rent Estimate

£1,125

Running Costs/mo

£1,183

Cashflow/mo

£-57

Cashflow/yr

£-690

Gross Yield

5%

Local Sold Prices

30 sold prices from £130K to £345K, average is £217.9K. £2.5K/m² to £5.6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£225K04/210.18 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2
£235K05/210.33 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£345K05/210.44 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£317K01/210.48 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£217.9K05/230.55 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/230.55 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£200K11/201.01 miFlat 6, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£217.9K09/231.01 miFlat 5, St Lukes Court, Church Hill, Newhaven, East Sussex BN9 9HZ2
£229.9K04/221.03 mi7a, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£218K04/221.03 mi6, Rose Walk Close, Newhaven, East Sussex BN9 9NL2
£218K09/211.05 mi19, Rectory Close, Newhaven, East Sussex BN9 9HL2
£186K11/211.06 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£130K05/211.11 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£185K07/211.11 mi55, Brighton Road, Newhaven, East Sussex BN9 9NG2
£200K01/211.13 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£200K01/211.13 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£210K04/211.13 mi203, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£215K03/221.13 mi195, Hillcrest Road, Newhaven, East Sussex BN9 9EZ2
£163.5K03/221.26 mi16a, South Way, Newhaven, East Sussex BN9 9LL2
£185K05/221.33 miGround Floor Flat, 47, Meeching Road, Newhaven, East Sussex BN9 9RL2
£175K01/221.42 miFlat 1, Bridge Mews, Bridge Street, Newhaven, East Sussex BN9 9PJ2
£203.5K06/211.52 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£260K09/221.52 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£235K07/211.53 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/211.53 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/231.53 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/211.53 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£230K05/231.55 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£300K11/221.58 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£191K04/211.92 mi87, Powell Gardens, Newhaven, East Sussex BN9 0PS2

Local Rents

13 rents from £975/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30012/240 mi16 South Coast Road, Peacehaven, BN102
£1,20012/240.09 miSouth Coast Road, BN102
£97512/240.12 mi-2
£1,65012/240.15 miSouth Coast Road, Telscombe Cliffs, Peacehaven2
£1,05012/240.27 miSouth Coast Road, Peacehaven2
£1,20012/240.31 miWestview Close, Peacehaven2
£1,35012/240.33 mi-2
£1,40009/240.35 mi-2
£1,30002/250.54 mi-2
£1,40012/240.54 mi-2
£1,40001/250.54 mi-2
£1,39502/250.57 mi-2
£1,45012/240.58 miSouth Coast Road, Peacehaven2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

1.12 miles away

Nearest school

0.80 miles away

Nearest train station

1.55 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £300,000

January 24, 2025

Floor Plans

Description

  • Second Floor Flat +
  • South-Facing Balcony +
  • CHAIN FREE +
  • Moments away from the Seafront +
  • Local Amenities Nearby +
  • Modern Finish Throughout +

Get connected in this luxury 2 bed apartment with glorious sea views, a spacious south balcony and allocated parking. On the prime side of a small, low level development 5 mins walk from Friars Bay and 15 mins drive from the outskirts of Brighton and 20 from Lewes this stylish property, set well back from the coast road, offers a sophisticated coastal lifestyle where walls of glass in the open plan living dining room and principal bedroom ( en-suite) open to the south balcony, whilst the guest room with a Juliette balcony to frame views which sweep to the Downs doesn’t share a wall and is next to a high end bathroom.

A great buy or rental, it’s ideal for professionals and families of any age just 4-7 mins from both a popular primary and secondary school, the coast road has plenty of shops, cafés, bars and restaurants to choose from, the 11 acres of Big Park nearby has a playground and sports facilities and this location is convenient for Brighton and its major employers like Amex and The County Hospital, by car or bus, direct trains to Brighton and Lewes (and a ferry to Dieppe) are about 7 mins away, and Gatwick is also a reasonable commute.

Style: Contemporary 2nd floor apartment
Type: 2 bedrooms, 2 bathrooms (1 en-suite), living room, kitchen dining room
Location: Peacehaven
Area: 67m2 (716 sq. ft.) approx
Outside: South balcony
Parking: Allocated parking space
Council Tax Band: B

Why you’ll like it:
Designed to bring panoramic sea views into the heart of the apartment, this luxury home with energy efficient windows and contemporary interiors is set within a large plot and this designer home on the 2nd floor of this secure, contemporary block makes the most of the sea views.

Inside, the spacious, open plan reception spans 5.66 x 5.33 (18’7 x17’6) where glass panels soar to the ceiling and doors open to a south balcony for friends to spill out to - and the view takes your breath away. Sun and sea stream through the space whilst limed oak and light decoration keeps the focus on the picture perfect view which you can enjoy even when seated. Tucked away from the social flow, a sociable kitchen glitters beneath a choice of lighting with streamlined units and plentiful surfaces, and high spec appliances are all integrated for you.

All about relaxing in a stunning setting with views to the cliffs and the sea, the principal bedroom bathes in sunlight with calm decoration, mirrored wardrobes to fill and a chic en-suite with a designer finish. Not to be outshone, the guest room is private at the back with open views to Downland and a Juliette balcony from which to enjoy them, and next door, the luxury bathroom is a soothing retreat.

Agent says:
“5 mins walk from the sea with stunning coastal views, you can follow the sun from its rise to its setting from this luxury apartment with a designer finish. Well connected to Brighton, Lewes and Gatwick it offers easy access to amenities which line the coast road as well as the town centre at Newhaven and the marina at Brighton.”

Owner’s secret:
“We have enjoyed this spacious apartment so close to the sea come rain or shine. The views always change. Our friends have loved to visit and it would also suit those who want to rent/share as there’s swift access to employers including the county offices and police h.q. at Lewes and Sussex University.”

Where it is:
Shops: Local store 1 mins drive, Newhaven Town about 7 mins drive, Brighton Marina 12-15 mins drive
Train Station: Newhaven Station 10-12 mins drive
Seafront or park: Big Park 5-7 mins on foot, 2 by car, sea 5 mins drive

Closest schools:
Primary: Peacehaven Heights Primary School, Telescombe Cliffs Primary School
Secondary: Peacehaven Community School
Private: Brighton College, Brighton Waldorf School, Lewes Old Grammar, Bede’s

The friendly community of Peacehaven is surrounded by countryside including the Tye which is in the South Downs National Park – but you don’t have to pay a premium for being in the park itself. Popular with families and professionals with easy access to shops, cafes and restaurants as well as a park which hosts lots of events and has sports facilities and a playground.

Popular schools both primary and secondary are within a 4-7 min radius Close to other coastal towns like Saltdean with its Lido, Rottingdean’s picturesque high street and Newhaven’s Sainsbury’s and ferry to France, the cinemas, waterfront restaurants and health club of Brighton Marina are just a 12-15 min drive. The footpath opposite takes you directly to countryside walks or to the park, so you don’t have to cross a road, and this is also a well-connected spot for Brighton, Lewes, Gatwick and London.

Agent Details

Brand Vaughan, Kemptown

01273 109816

Next Steps?

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