3 Bed Semi-Detached House, Planning Permission, Eastbourne, BN23 8DX, £285,000

Bembridge Road, Eastbourne, BN23 8DX - 4 views - 3 months ago

Sold STC
Planning
ROI: 2%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£213K - £372.5K
Sold Prices/m²£2.5K/m² - £4.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£303,917
BMV7%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£1,150 - £1,800

Rent Estimate

£1,306

Running Costs/mo

£1,172

Cashflow/mo

£134

Cashflow/yr

£1,610

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £213K to £372.5K, average is £268.5K. £2.5K/m² to £4.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£240K12/200 mi36, Bembridge Road, Eastbourne, East Sussex BN23 8DX3
£225K05/210 mi38, Bembridge Road, Eastbourne, East Sussex BN23 8DX3
£295K10/220.05 mi1, Shalfleet Close, Eastbourne, East Sussex BN23 8DU3
£298.5K09/230.05 mi34, Shalfleet Close, Eastbourne, East Sussex BN23 8DU3
£270K11/200.13 mi36, Honeysuckle Close, Eastbourne, East Sussex BN23 8DA3
£227.5K03/210.13 mi4, Honeysuckle Close, Eastbourne, East Sussex BN23 8DA3
£230K03/230.15 mi2, Sandown Close, Eastbourne, East Sussex BN23 8EF3
£230K05/210.16 mi31, Oulton Close, Eastbourne, East Sussex BN23 8DH3
£213K06/210.16 mi21, Oulton Close, Eastbourne, East Sussex BN23 8DH3
£265K11/220.16 mi21, Ranworth Close, Eastbourne, East Sussex BN23 8DP3
£235K01/210.16 mi23, Orchid Close, Eastbourne, East Sussex BN23 8DE3
£325K12/220.16 mi42, Sandown Close, Eastbourne, East Sussex BN23 8EF3
£250K06/210.2 mi25, Brading Close, Eastbourne, East Sussex BN23 8DY3
£286K10/210.22 mi30, Heather Close, Eastbourne, East Sussex BN23 8DF3
£290K03/230.22 mi20, Heather Close, Eastbourne, East Sussex BN23 8DF3
£235K04/210.22 mi287, Sorrel Drive, Eastbourne, East Sussex BN23 8DL3
£295K08/230.22 mi231, Sorrel Drive, Eastbourne, East Sussex BN23 8DL3
£261K04/210.23 mi20, Brading Close, Eastbourne, East Sussex BN23 8DY3
£229.9K03/210.24 mi5, Reedham Road, Eastbourne, East Sussex BN23 8DS3
£267K09/210.24 mi6, Briar Place, Eastbourne, East Sussex BN23 8DB3
£229K04/210.24 mi28, Briar Place, Eastbourne, East Sussex BN23 8DB3
£285K02/230.24 mi142, Sorrel Drive, Eastbourne, East Sussex BN23 8BJ3
£262.5K02/210.25 mi11, Ventnor Close, Eastbourne, East Sussex BN23 8EB3
£247K05/210.28 mi6, Windsor Close, Eastbourne, East Sussex BN23 8JS3
£213.5K05/230.29 mi108, Milfoil Drive, Eastbourne, East Sussex BN23 8BN3
£265K08/230.29 mi72, Milfoil Drive, Eastbourne, East Sussex BN23 8BN3
£270K07/230.32 mi9, Michelham Close, Eastbourne, East Sussex BN23 8JD3
£248K09/210.33 mi2, Ringmer Way, Eastbourne, East Sussex BN23 8JP3
£300K10/230.33 mi26, Hodcombe Close, Eastbourne, East Sussex BN23 8JA3
£240K10/210.34 mi6, Harebell Close, Eastbourne, East Sussex BN23 8BZ3
£235K03/210.34 mi2, Erica Close, Eastbourne, East Sussex BN23 8BT3
£265K08/230.35 mi2, Primrose Close, Eastbourne, East Sussex BN23 8BY3
£260K04/230.35 mi12, Primrose Close, Eastbourne, East Sussex BN23 8BY3
£325K10/220.36 mi98, Sorrel Drive, Eastbourne, East Sussex BN23 8BJ3
£312.5K03/210.36 mi18, Middleham Way, Eastbourne, East Sussex BN23 8NT3
£372.5K08/230.37 mi35, Grasmere Close, Eastbourne, East Sussex BN23 8JE3
£290K05/210.39 mi14, Piltdown Way, Eastbourne, East Sussex BN23 8LB3
£295K03/210.39 mi15, Oak Tree Lane, Eastbourne, East Sussex BN23 8BB3
£325K12/210.39 mi18, Oak Tree Lane, Eastbourne, East Sussex BN23 8BB3
£268.5K04/210.4 mi33, Penrith Way, Eastbourne, East Sussex BN23 8NS3
£340K06/230.4 mi34, Penrith Way, Eastbourne, East Sussex BN23 8NS3
£268.5K04/210.4 mi33, Penrith Way, Eastbourne, East Sussex BN23 8NS3
£293K07/210.42 mi20, Broad Oak Close, Eastbourne, East Sussex BN23 8LJ3
£285K04/210.44 mi5, Offham Close, Eastbourne, East Sussex BN23 8LU3
£348.5K04/230.44 mi3, Shipley Mill Close, Stone Cross, Pevensey, East Sussex BN24 5PY3
£299.9K06/210.44 mi4, Shipley Mill Close, Stone Cross, Pevensey, East Sussex BN24 5PY3
£272K03/210.45 mi23, Caburn Close, Eastbourne, East Sussex BN23 8LP3
£274.9K09/210.45 mi18, Caburn Close, Eastbourne, East Sussex BN23 8LP3
£360K11/210.46 mi16, Cleveland Close, Eastbourne, East Sussex BN23 8ES3
£250K08/210.46 mi5, Friday Street, Eastbourne, East Sussex BN23 8AP3

Local Rents

13 rents from £1.1K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.28 miFoxglove Road, Eastbourne3
£1,80004/250.44 mi-3
£1,55012/240.47 miWellsbourne Road, Stone Cross, Pevensey3
£1,60012/240.47 miStone Cross3
£1,45012/240.51 miMedina Drive, Stone Cross3
£1,40005/240.52 miTweedsmuir Close3
£1,15003/240.54 miPercival Road, Eastbourne3
£1,60007/240.54 mi-3
£1,45004/240.59 mi-3
£1,60004/240.59 miSevenoaks Road, Eastbourne, BN233
£1,50004/240.59 miSevenoaks Road, Eastbourne, BN233
£1,45004/240.59 miSevenoaks Road, Eastbourne, BN233
£1,60012/240.6 miBeaulieu Drive3

Local Area Statistics

Population in BN23

28,225

Population in Eastbourne

107,152

Town centre distance

2.23 miles away

Nearest school

0.10 miles away

Nearest train station

1.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £285,000

January 27, 2025

Floor Plans

Description

Eastbourne Property Shop offers to the market this well-presented and spacious three-bedroom semi-detached house located in a popular residential location. The property benefits from a spacious lounge/diner a modern fitted kitchen/breakfast room and a downstairs w.c. The property has three excellent-sized bedrooms and a fitted family bathroom. Outside is where the property stands out, there is a substantial rear and side garden that offers lawned and patio areas and has a wonderful summerhouse where you can enjoy a peaceful setting. A viewing is highly recommended. Entrance Hall Door to front, cupboard under stairs, radiator, wood laminate flooring. Cloakroom W.C. wash hand basin with vanity unit under, double glazed window to side, laminate flooring. Lounge 17’8 x 11’9 Double glazed window to rear, double glazed patio doors to rear garden, fireplace, wood laminate flooring, radiator. Kitchen 12’9 x 10’5 Wall and base units, one bowl sink and drainer, built-in oven and hob, space for dishwasher, space for fridge/freezer, central heating boiler, radiator, part tiling, double glazed window to front, door to hallway. Landing Stairs from ground floor to first floor, airing cupboard, radiator, loft access. Bedroom One 12’1 x 9’9 Double glazed window to front, built-in wall-mounted cupboards, built-in wardrobes, radiator. Bedroom Two 12’3 x 10’2 Double glazed window to rear, space for wardrobes, radiator. Bedroom Three 8’2 x 7’0 Double glazed window to front, built-in wardrobes, radiator. Family Bathroom W.c. wash hand basin, bath with mixer taps, double glazed window to rear, radiator, extractor fan, part tiling. Front Garden Lawned front garden with path to the entrance. Rear Garden Beautifully presented and larger corner plot garden that offers laid to lawn areas, patio areas and space for a large summerhouse with a  further seating area. The garden has mature tree and shrub borders, offers seclusion and also has the potential to extend the house subject to the correct planning permission.

Agent Details

Eastbourne Property Shop, Pevensey

01323 921147

Next Steps?

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