2 Bed Flat, Single Let, Peacehaven, BN10 7EJ, £250,000

South Coast Road, Peacehaven, BN10 7EJ - 1 views - 2 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+17 photos

ValuationFair Value

Sold Prices£130K - £405K
Sold Prices/m²£2.8K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£248,174

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,050 - £2,000

Rent Estimate

£1,081

Running Costs/mo

£1,017

Cashflow/mo

£64

Cashflow/yr

£763

ROI

1%

Gross Yield

5%

Local Sold Prices

21 sold prices from £130K to £405K, average is £225K. £2.8K/m² to £7.5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£260K09/220.22 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£235K07/210.22 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/210.22 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/230.22 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/210.22 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£203.5K06/210.23 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£300K11/220.28 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£230K05/230.49 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£186K11/210.51 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£217.9K05/230.81 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/230.81 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£317K01/210.83 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£130K05/210.86 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£345K05/210.88 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£235K05/211.03 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£255K08/211.04 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£225K04/211.12 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2
£145K11/211.28 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£169K10/211.28 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£405K11/211.61 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£215K09/211.64 mi122a, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FB2

Local Rents

22 rents from £1.1K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.26 mi-2
£1,30012/240.33 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,10012/240.36 miThe Esplanade, Peacehaven, BN10 7EY2
£1,20012/240.61 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,30003/230.65 mi-2
£1,45012/240.72 miSouth Coast Road, Peacehaven2
£1,35012/240.76 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,20012/240.76 miFoxhill, Peacehaven2
£1,40012/240.77 mi-2
£1,40001/250.77 mi-2
£1,30002/250.78 mi-2
£1,39502/250.78 mi-2
£1,45012/240.83 miTrafalgar Close, Peacehaven, BN102
£1,90203/250.92 mi-2
£2,00007/231.03 mi-2
£1,70007/241.03 mi-2
£1,70004/251.03 mi-2
£1,35012/241.04 miOaklands Avenue, Saltdean2
£1,05012/241.04 miSouth Coast Road, Peacehaven2
£1,35012/241.05 mi-2
£1,20012/241.06 miWestview Close, Peacehaven2
£1,30002/251.08 mi-2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.53 miles away

Nearest school

0.40 miles away

Nearest train station

2.79 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £250,000

February 5, 2025

Floor Plans

Description

  • Two Bedroom Apartment +
  • Open Plan Lounge/Diner +
  • Recently Refitted Modern Bathroom +
  • Close to Local Amenities +
  • Panoramic Sea Views +

SUMMARY
* GUIDE PRICE £250,000 -£275,000 * Located on the popular South Coast road and on all bus routes, you won’t be too far from the local shops and amenities that Peacehaven has to offer. Please call us today arrange your viewing!

DESCRIPTION
Fox and Sons are pleased to offer for sale this light and spacious two bed first floor flat with PANORAMIC SEA VIEWS from the 20'6 lounge with bay window, with ample space for dining area and giving direct views over the picturesque Howard Park and The English Channel. The property also offers kitchen with open plan to lounge also offering those amazing views

Bedroom One 13' 11" x 10' 10" ( 4.24m x 3.30m )

Bedroom Two 11' 4" x 9' 2" ( 3.45m x 2.79m )

Bathroom 

Kitchen 10' 7" x 8' 8" ( 3.23m x 2.64m )

Lounge/Diner 24' 4" x 21' ( 7.42m x 6.40m )

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Peacehaven

01273 109881

Next Steps?

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