2 Bed Flat, Single Let, Brighton, BN2 6UH, £250,000

Lockwood Crescent, Woodingdean, Brighton, East Sussex, BN2 6UH - 3 months ago

Leasehold
BTL
ROI: 2%
~69 m²
+6 photos

ValuationUndervalued

Sold Prices£205K - £700K
Sold Prices/m²£3.1K/m² - £11K/m²

 

 

Square Metres

~69 m²
Price/m²£3.6K/m²

Value Estimate

£310,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£550 - £6,500

Rent Estimate

£1,194

Running Costs/mo

£1,040

Cashflow/mo

£154

Cashflow/yr

£1,847

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £205K to £700K, average is £316.4K. £3.1K/m² to £11K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£215K12/200.06 mi5, Lockwood Close, Brighton, Brighton And Hove BN2 6UJ2
£238K02/210.12 mi73, Kipling Avenue, Brighton, Brighton And Hove BN2 6UF2
£315K08/231.91 miFlat 43, St. Vincents Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XJ2
£295K04/231.94 miFlat 23, Henley Court, Henley Road, Brighton, Brighton And Hove BN2 5NA2
£390K10/231.94 mi30, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XA2
£307.5K01/241.94 mi17, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XA2
£325K11/231.95 mi52, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XB2
£280K12/201.95 mi97, Victory Mews, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XB2
£325K01/211.96 miFlat 2, Britannia Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SE2
£342K09/211.96 miFlat 70, Britannia Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SF2
£415K08/231.99 miFlat 28, Wellington Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5WE2
£505K10/231.99 miFlat 3, Wellington Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5WE2
£290K02/212.01 miFlat 56, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XZ2
£278K10/212.01 mi29, May Road, Brighton, Brighton And Hove BN2 3ED2
£326.5K07/212.04 miFlat 73, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XZ2
£377.5K03/212.04 miFlat 29, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XY2
£392.5K06/232.04 miFlat 39, Merton Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5XY2
£340K03/232.04 miFlat 73, Neptune Court, The Strand, Brighton Marina Village, Brighton, Brighton And Hove BN2 5SN2
£375K04/232.09 miUpper Maisonette, 8, Arundel Street, Brighton, Brighton And Hove BN2 5TG2
£300K04/212.15 mi259, Bear Road, Brighton, East Sussex BN2 4DD2
£405K11/212.16 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£313K07/232.17 mi265, Bear Road, Brighton, Brighton And Hove BN2 4DD2
£312K09/212.19 miGround Floor Flat, 23, Ryde Road, Brighton, Brighton And Hove BN2 3EG2
£215K09/212.2 mi122a, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FB2
£277.5K02/212.23 mi41a, Sandown Road, Brighton, Brighton And Hove BN2 3EH2
£325K07/232.25 mi4, Totland Road, Brighton, Brighton And Hove BN2 3EN2
£350K03/232.25 miGround Floor Flat, 24, Totland Road, Brighton, Brighton And Hove BN2 3EN2
£287K11/202.27 miFirst Floor Flat, 20, Buller Road, Brighton, Brighton And Hove BN2 4BJ2
£691K12/202.29 miFirst Floor Flat, 6, Lewes Crescent, Brighton, East Sussex BN2 1FH2
£205K04/212.29 miFlat 24, Jasmine, Donald Hall Road, Brighton, Brighton And Hove BN2 5DE2
£325K11/212.31 mi81, Bear Road, Brighton, Brighton And Hove BN2 4DB2
£301.5K11/232.31 mi105, Bear Road, Brighton, Brighton And Hove BN2 4DB2
£284K11/202.31 mi145, Bear Road, Brighton, Brighton And Hove BN2 4DB2
£396.5K09/212.33 miFlat B, 14, Chesham Road, Brighton, Brighton And Hove BN2 1NB2
£312.5K10/232.33 mi17, Milner Road, Brighton, Brighton And Hove BN2 4BS2
£700K04/212.34 miGround Floor Flat, 12, Chichester Terrace, Brighton, Brighton And Hove BN2 1FG2
£315K12/202.36 miGround Floor Flat, 36, Whippingham Street, Brighton, Brighton And Hove BN2 3LL2
£290K03/212.36 miFirst Floor Flat, 28, Whippingham Street, Brighton, Brighton And Hove BN2 3LL2
£299.9K02/232.37 miGround Floor Flat, 22, Down Terrace, Brighton, Brighton And Hove BN2 9ZH2
£443K01/242.37 mi5a, Chesham Place, Brighton, Brighton And Hove BN2 1FB2
£270K11/212.38 miFirst Floor Flat, 87, Shanklin Road, Brighton, Brighton And Hove BN2 3LP2
£315K04/212.38 mi101, Shanklin Road, Brighton, Brighton And Hove BN2 3LP2
£415K01/212.39 mi3, Arnold Street, Brighton, Brighton And Hove BN2 9XS2
£317.8K11/202.4 mi24a, Shanklin Road, Brighton, Brighton And Hove BN2 3LQ2
£332K02/232.41 mi4a, Bembridge Street, Brighton, Brighton And Hove BN2 3LN2
£412.5K06/212.42 miBasement Flat, 4, Eaton Place, Brighton, Brighton And Hove BN2 1EH2
£250K09/232.42 mi31, Bonchurch Road, Brighton, Brighton And Hove BN2 3PJ2
£343.5K08/232.45 miGround Floor Flat, 9, Evelyn Terrace, Brighton, Brighton And Hove BN2 0EP2
£315K12/212.47 miBasement Flat, 16, Paston Place, Brighton, Brighton And Hove BN2 1HA2
£360K11/212.47 mi214, Queens Park Road, Brighton, Brighton And Hove BN2 9ZB2

Local Rents

50 rents from £550/mo to £6.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,34012/240.06 miKevin Gardens, Brighton, BN24
£2,50012/240.13 miDowns Valley Road, Woodingdean5
£1,95012/240.15 miDowns Valley Road, Brighton3
£2,40012/240.26 mi-4
£2,40012/240.26 mi-4
£6,17803/250.26 mi-4
£1,65012/240.3 miLarch Close3
£1,40012/240.31 miFalmer Gardens Brighton BN22
£2,25012/240.32 mi-5
£1,80012/240.34 mi-3
£2,20012/240.34 miFalmer Road, Brighton, BN25
£1,69512/240.35 miBalsdean Road, Woodingdean3
£95012/240.42 miWarren Way, Woodingdean, Brighton1
£1,22512/240.43 miWarren Way, Woodingdean3
£2,95012/240.43 mi-3
£2,25012/230.46 mi-3
£1,60012/240.46 mi-3
£1,60001/250.48 mi-3
£1,80012/240.5 mi-2
£2,00012/240.51 mi-3
£1,30001/240.53 mi-3
£1,60002/240.63 mi-2
£3,60012/240.71 mi-3
£1,95001/250.77 mi-3
£1,59502/250.77 mi-2
£1,59001/250.77 mi-2
£1,60002/250.77 mi-2
£2,20002/240.99 mi-2
£2,20004/250.99 mi-2
£2,25012/241.03 miHillview Road, Brighton4
£6,50006/241.09 mi-4
£1,79502/251.11 mi-3
£1,75011/241.19 mi-2
£3,87012/241.2 miHornby Road, Brighton, BN26
£2,50012/241.3 miHornby Road, Brighton5
£55012/241.34 miNorwich Close, Brighton1
£1,74512/241.34 mi-3
£1,50012/241.46 mi-2
£1,35002/251.46 mi-2
£1,55005/241.47 mi-2
£2,00012/241.49 miHornby Road, Brighton3
£4,85012/241.53 miWilson Avenue, Brighton, BN2 5PD5
£1,10012/241.53 miMeadow Parade, Rottingdean, Brighton1
£2,81612/241.55 miNorwich Drive, Brighton5
£4,09012/241.58 miWilson Avenue, Brighton, East Sussex6
£2,80012/241.6 mi-5
£2,85012/241.61 miNorwich Drive, Brighton, BN26
£1,50002/241.63 mi-2
£2,40012/241.65 miHeath Hill Avenue, Brighton4
£3,90012/241.67 miDartmouth Crescent, Brighton, East Sussex, BN26

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

1.84 miles away

Nearest school

0.20 miles away

Nearest train station

2.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £250,000

February 8, 2025

Listed for £260,000

January 24, 2025

Floor Plans

Description

  • Bright and spacious 1st floor flat with balcony +
  • Immaculate in presentation +
  • Bathroom, separate toilet +
  • Residents car park, close to bus routes and local amenities +
  • No onward chain +

Chic, spacious, and secure first floor flat in central Woodingdean. Close to local shops, bus routes and schools. Residents parking and well-maintained communal grounds. An affordable home, perfect for first time buyers, downsizer or buy to let investors. No onward chain!

Room sizes:

  • Hallway
  • Lounge: 14'6 x 14'4 (4.42m x 4.37m)
  • Kitchen: 12'2 x 6'10 (3.71m x 2.08m)
  • Bedroom 1: 14'4 x 12'3 (4.37m x 3.74m)
  • Balcony
  • Bedroom 2: 12'2 x 8'10 (3.71m x 2.69m)
  • Bathroom
  • Toilet
  • Residents Parking
  • Communal Gardens  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Cubitt & West, Woodingdean

01273 109785

Next Steps?

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