2 Bed Bungalow, Single Let, Brighton, BN2 8QS, £395,000

Greenbank Avenue, Saltdean, Brighton, East Sussex, BN2 8QS - 2 months ago

Sold STC
BTL
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£255.7K - £775K
Sold Prices/m²£4K/m² - £12.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.8K/m²

Value Estimate

£350,148

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£20,300

Total Cash In

£119,050

 

 

Cash Out

 

Rent Range

£1,195 - £2,200

Rent Estimate

£1,250

Running Costs/mo

£1,504

Cashflow/mo

£-254

Cashflow/yr

£-3,052

Gross Yield

4%

Local Sold Prices

47 sold prices from £255.7K to £775K, average is £365K. £4K/m² to £12.6K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£365K03/230 mi21, Greenbank Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QS2
£465K09/210.15 mi16, Oaklands Avenue, Saltdean, Brighton, Brighton And Hove BN2 8LQ2
£460K02/240.15 mi16, Oaklands Avenue, Saltdean, Brighton, Brighton And Hove BN2 8LQ2
£340K11/200.2 mi36, Chiltington Way, Saltdean, Brighton, Brighton And Hove BN2 8HB2
£332.5K02/210.26 mi26, Arlington Gardens, Saltdean, Brighton, East Sussex BN2 8QE2
£360K01/210.28 mi42, Rodmell Avenue, Saltdean, Brighton, East Sussex BN2 8PG2
£440K08/230.31 mi15, Winton Avenue, Saltdean, Brighton, Brighton And Hove BN2 8FN2
£320K01/240.31 mi20, Perry Hill, Saltdean, Brighton, Brighton And Hove BN2 8FT2
£350K12/230.31 mi30, Perry Hill, Saltdean, Brighton, Brighton And Hove BN2 8FT2
£355K11/210.32 mi136, Saltdean Vale, Saltdean, Brighton, East Sussex BN2 8HF2
£343K10/210.33 mi13, Ridgewood Avenue, Saltdean, Brighton, Brighton And Hove BN2 8HH2
£350K02/210.33 mi14, Ridgewood Avenue, Saltdean, Brighton, Brighton And Hove BN2 8HH2
£460K07/230.33 mi23, Withyham Avenue, Saltdean, Brighton, Brighton And Hove BN2 8LF2
£465K12/220.35 mi4, Hartfield Road, Saltdean, Brighton, East Sussex BN2 8RE2
£375K03/210.36 mi27, Falmer Avenue, Saltdean, Brighton, Brighton And Hove BN2 8FG2
£365K03/230.36 mi10, Hailsham Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QH2
£380K12/200.36 mi22, Hailsham Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QH2
£435K05/210.37 mi50, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FE2
£386K11/200.37 mi10, Lustrells Close, Saltdean, Brighton, Brighton And Hove BN2 8AS2
£352.5K11/200.38 mi63, Wicklands Avenue, Saltdean, Brighton, East Sussex BN2 8EQ2
£350K04/210.38 mi105a, Wicklands Avenue, Saltdean, Brighton, East Sussex BN2 8EQ2
£355K05/210.4 mi2, Vale Road, Saltdean, Brighton, Brighton And Hove BN2 8QT2
£420K04/230.41 mi7a, Brambletyne Avenue, Saltdean, Brighton, East Sussex BN2 8EL2
£340K04/230.41 mi25, Stanmer Avenue, Saltdean, Brighton, Brighton And Hove BN2 8QL2
£330K06/210.42 mi30, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£400K09/210.47 mi23, Westfield Avenue North, Saltdean, Brighton, East Sussex BN2 8HS2
£395K02/230.48 mi125, Bevendean Avenue, Saltdean, Brighton, East Sussex BN2 8PE2
£430K09/210.48 mi56, Coombe Vale, Saltdean, Brighton, Brighton And Hove BN2 8HL2
£377.5K02/210.48 mi30, Coombe Vale, Saltdean, Brighton, Brighton And Hove BN2 8HL2
£385K08/230.49 mi26, Findon Avenue, Saltdean, Brighton, East Sussex BN2 8RF2
£255.7K12/200.49 mi24, Findon Avenue, Saltdean, Brighton, East Sussex BN2 8RF2
£387.5K12/220.49 mi25, Findon Avenue, Saltdean, Brighton, East Sussex BN2 8RF2
£360K02/210.49 mi71, Northwood Avenue, Saltdean, Brighton, East Sussex BN2 8RG2
£397K02/240.51 mi49, Coombe Vale, Saltdean, Brighton, Brighton And Hove BN2 8HN2
£353K01/210.51 mi27, Coombe Vale, Saltdean, Brighton, Brighton And Hove BN2 8HN2
£775K07/210.51 mi91, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DF2
£350K08/230.54 mi104, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DG2
£396K04/230.54 mi102, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DG2
£450K11/230.55 mi22, Hamsey Road, Saltdean, Brighton, East Sussex BN2 8DE2
£465K11/210.55 mi107, Bannings Vale, Saltdean, Brighton, East Sussex BN2 8DH2
£350K05/210.57 mi130, Bevendean Avenue, Saltdean, Brighton, East Sussex BN2 8DQ2
£330K05/230.6 mi7, Chailey Crescent, Saltdean, Brighton, East Sussex BN2 8DP2
£420K02/210.63 mi16, The Park, Rottingdean, Brighton, Brighton And Hove BN2 7GQ2
£316K05/230.87 mi26, Highview Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AZ2
£280.1K06/230.87 mi22, Highview Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AZ2
£335K05/230.87 mi20, Highview Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AZ2
£413K09/230.94 mi39a, Tyedean Road, Telscombe Cliffs, Peacehaven, East Sussex BN10 7AT2

Local Rents

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

RentDateDistanceAddressBeds 
£1,19512/240.14 mi-2
£1,30012/240.23 miLustrells Vale, Saltdean, Brighton, BN22
£1,40012/240.23 mi-2
£1,50012/240.24 miIonian Heights, Saltdean, BN2 8BQ2
£1,25012/240.24 miSuez Way, Saltdean, Brighton, BN2 8BQ2
£1,40012/240.24 miIonian Heights, Suez Way2
£2,20008/230.26 mi-2
£1,50009/230.26 mi-2
£1,50006/240.26 mi-2
£1,50008/230.27 mi-2
£1,55002/250.27 mi-2
£1,50008/230.27 mi-2
£1,50012/240.27 miIonian Heights, Suez Way2
£1,25012/240.35 miLongridge Avenue, Saltdean, BN2 8LG2
£1,35012/240.46 miOaklands Avenue, Saltdean2
£1,90203/250.58 mi-2

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

3.83 miles away

Nearest school

0.20 miles away

Nearest train station

3.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £395,000

February 5, 2025

Floor Plans

Description

  • Two bedrooms +
  • Extended West facing living room +
  • Garage +
  • Private Driveway +
  • Potential to extend STNC +
  • West facing level garden +
  • Viewing essential +

This spacious and well-presented two double bedroom semi-detached bungalow is nestled in the highly sought-after location of West Saltdean, offering a wonderful blend of comfort, potential, and breathtaking views.

A key feature of this charming home is the generously proportioned west-facing living room, which has been extended to incorporate an additional dining area, creating a bright and airy space that perfectly frames the stunning panoramic outlook. The kitchen is well-appointed with a range of fitted units and ample space for appliances, ensuring both functionality and convenience. The property further boasts two well-sized double bedrooms, each offering a comfortable retreat, along with a fitted bathroom that features tasteful tiled walls.

One of the most exciting aspects of this home is the expansive loft space, which presents an excellent opportunity for further extension, subject to the necessary consents. Throughout the property, ample storage solutions have been thoughtfully integrated, ensuring practicality is maintained.

Externally, the home continues to impress. The west-facing rear garden is of a generous size, providing an ideal setting to relax and entertain while soaking in the picturesque surroundings. Enclosed boundaries add a sense of privacy, making this outdoor space even more inviting. To the front, a well-maintained lawned garden is complemented by walled boundaries, enhancing the property’s curb appeal. A private driveway offers off-road parking for two vehicles and leads to a detached garage, providing additional storage or potential for further development.

With a wealth of potential to extend (STNC) and modernize to personal taste, this delightful bungalow is a fantastic opportunity for those seeking a home in a prime coastal location. Internal viewing is essential to fully appreciate the space, comfort, and possibilities this property has to offer. Viewings are strictly by appointment through the vendor’s sole agents.

Greenbank Avenue is located in a popular residential area in West Saltdean. A host of lovely footpaths are within a short distance of the property giving easy access to the stunning South Downs National Park providing wonderful walks and outstanding views of the area. Local amenities are all within easy reach, there is Lustrells Vale with a restaurant, Co-op, cafe, pharmacy and buses. Saltdean primary school is located in Chiltington Way. Saltdean Park and the famous Art deco Lido, offering a variety of leisure activities. Bus routes are found on Saltdean Vale, Lustrells Vale and Longridge Avenue and also on Marine Drive (A259 coast road), providing easy access in Brighton's main city centre. Brighton’s Mainline Railway Station, is approximately 5 miles away.

Agent Details

King & Chasemore, Saltdean

01273 109742

Next Steps?

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