2 Bed Flat, Single Let, Peacehaven, BN10 7AE, £225,000

Seacliffe, Telscombe Cliffs, Peacehaven, BN10 7AE - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+29 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£248,174
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£1,100 - £2,200

Rent Estimate

£1,100

Running Costs/mo

£943

Cashflow/mo

£157

Cashflow/yr

£1,883

ROI

3%

Gross Yield

6%

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 
£300K11/220.22 mi2, Tuscan Court, Telscombe Cliffs, Peacehaven, East Sussex BN10 7HF2
£235K07/210.25 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£214K06/210.25 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£270K07/230.25 miFlat 2, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£224K11/210.25 miFlat 5, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£260K09/220.26 miFlat 9, Central House, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LJ2
£203.5K06/210.28 miFlat 2, Greenacres, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LY2
£230K05/230.54 mi111d, Central Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7NE2
£255K08/210.56 miFlat 7, Reba Court, Tye Close, Saltdean, Brighton, East Sussex BN2 8DY2
£145K11/210.81 miFlat 42, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£169K10/210.82 miFlat 2, Homeridge House, Longridge Avenue, Saltdean, Brighton, East Sussex BN2 8RQ2
£186K11/210.89 mi97a, Roderick Avenue, Peacehaven, East Sussex BN10 8BN2
£130K05/211.18 miFlat 3, Duncan House, Collingwood Close, Peacehaven, East Sussex BN10 8BA2
£215K09/211.19 mi122a, Lustrells Vale, Saltdean, Brighton, Brighton And Hove BN2 8FB2
£405K11/211.25 mi50, Westfield Avenue South, Saltdean, Brighton, Brighton And Hove BN2 8HT2
£217.9K05/231.27 mi56, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£217.9K06/231.27 mi41, Roundhouse Crescent, Peacehaven, East Sussex BN10 8GL2
£317K01/211.31 mi29, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£345K05/211.35 mi43, Gladys Avenue, Peacehaven, East Sussex BN10 8RN2
£235K05/211.5 mi62, Westview Close, Peacehaven, East Sussex BN10 8GA2
£225K04/211.6 mi41, Friars Avenue, Peacehaven, East Sussex BN10 8SB2

Local Rents

30 rents from £1.1K/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.14 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,10012/240.14 miThe Esplanade, Peacehaven, BN10 7EY2
£1,30012/240.16 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,90203/250.54 mi-2
£1,35012/240.63 miOaklands Avenue, Saltdean2
£2,00007/230.73 mi-2
£1,70007/240.73 mi-2
£1,70003/250.73 mi-2
£1,10012/240.74 mi-2
£1,30003/230.86 mi-2
£1,50012/240.87 miIonian Heights, Suez Way2
£1,25012/240.87 miLongridge Avenue, Saltdean, BN2 8LG2
£1,50008/230.87 mi-2
£1,55002/250.87 mi-2
£1,50008/230.87 mi-2
£2,20008/230.87 mi-2
£1,50009/230.87 mi-2
£1,50006/240.87 mi-2
£1,40012/240.89 mi-2
£1,30003/250.89 mi-2
£1,50012/240.9 miIonian Heights, Saltdean, BN2 8BQ2
£1,25012/240.9 miSuez Way, Saltdean, Brighton, BN2 8BQ2
£1,40012/240.9 miIonian Heights, Suez Way2
£1,20012/240.98 miFoxhill, Peacehaven2
£1,45012/241.13 miTrafalgar Close, Peacehaven, BN102
£1,19512/241.17 mi-2
£1,45012/241.2 miSouth Coast Road, Peacehaven2
£1,35012/241.22 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,40012/241.24 mi-2
£1,40001/251.24 mi-2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.88 miles away

Nearest school

0.40 miles away

Nearest train station

3.25 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £225,000

February 11, 2025

Floor Plans

Description

  • 2 Bedroom Purpose Built Apartment +
  • South Facing Balcony +
  • Fantastic Sea Views +
  • Double Glazed & Central Heating +
  • Fantastic Location +
  • Share of Freehold +
  • Garage in Block +
  • CHAIN FREE +

SUMMARY
* GUIDE PRICE - 225,000-£240,000 * We are pleased to present this 2 bedroom first-floor flat in Telscombe Cliffs with stunning sea views. Features a south-facing balcony, kitchen, lounge, family bathroom, gas central heating, double glazing and a garage.

DESCRIPTION
Fox & Sons are pleased to present this 2 bedroom first-floor flat, situated in the Telscombe Cliffs area of Peacehaven. Offering fantastic sea views and a south-facing balcony - perfect for enjoying the sunshine,
The property features a kitchen, opening up into the lounge, with a door leading out onto the balcony. There are 2 bedrooms and a family bathroom. Benefiting from central heating and double-glazed windows.
A garage also comes as a benefit, adding additional storage if needed and a fantastic location ensures convenience, with local amenities just a short walk away. A bus stop only a minute walk away offers excellent transport links into Brighton and beyond, making this an ideal home for commuters or those looking to enjoy a coastal living with city access.
Don't miss the opportunity to view this fantastic property - contact us today to arrange your viewing!

Kitchen 9' x 8' 8" ( 2.74m x 2.64m )

Lounge 15' x 12' 2" ( 4.57m x 3.71m )

Bedroom One 12' 5" x 12' ( 3.78m x 3.66m )

Bedroom Two 11' 9" x 7' 9" ( 3.58m x 2.36m )

Bathroom 

Garage 

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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