2 Bed Flat, Single Let, Brighton, BN1 4GS, £330,000

27 Sharpthorne Court, 2 Fleet Street, Brighton, BN1 4GS - 3 views - a month ago

Leasehold
Auction
BTL
ROI: 3%
68 m²
+3 photos

ValuationUndervalued

Sold Prices£137.5K - £1.3M
Sold Prices/m²£3.6K/m² - £9.4K/m²

 

 

Square Metres

68 m²
Price/m²£4.9K/m²

Value Estimate

£387,342
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Total Cash In

£97,600

 

 

Cash Out

 

Rent Range

£1,600 - £3,500

Rent Estimate

£1,656

Running Costs/mo

£1,382

Cashflow/mo

£274

Cashflow/yr

£3,283

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £137.5K to £1.3M, average is £352.5K. £3.6K/m² to £9.4K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£595K07/210.17 mi28, Stroudley Road, Brighton, Brighton And Hove BN1 4BH2
£345K11/200.19 miLower Ground Floor Flat, 61, Buckingham Road, Brighton, Brighton And Hove BN1 3RQ2
£323.5K07/210.24 miUpper Maisonette, 19, Buckingham Street, Brighton, Brighton And Hove BN1 3LT2
£450K01/230.26 mi40, Campbell Road, Brighton, Brighton And Hove BN1 4QD2
£360K03/210.26 mi68a, Buckingham Road, Brighton, Brighton And Hove BN1 3RJ2
£331K11/210.28 miGround Floor Flat, 15, Richmond Terrace, Brighton, Brighton And Hove BN2 9SA2
£412.5K03/210.29 miUpper Maisonette, 57, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NF2
£450K10/230.29 mi55, Frederick Street, Brighton, Brighton And Hove BN1 4TA2
£640K04/210.29 miFlat 35, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£460K06/210.29 miFlat 27, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£450K10/230.29 miFlat 56, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£415K11/210.29 miFlat 24, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£475K04/230.29 miFlat 75, Argus Lofts, Robert Street, Brighton, Brighton And Hove BN1 4AY2
£249.5K02/230.35 mi169b, Upper Lewes Road, Brighton, Brighton And Hove BN2 3FB2
£375K06/210.36 miGround Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£384K03/210.36 miFirst Floor Flat, 5, Leopold Road, Brighton, Brighton And Hove BN1 3RD2
£380K02/210.37 miFlat 3, Cawthorne House, Dyke Road, Brighton, Brighton And Hove BN1 3GZ2
£411K09/210.38 miFirst And Second Floor Maisonette, 22, Prestonville Road, Brighton, Brighton And Hove BN1 3TL2
£248.5K12/210.39 mi80b, Hanover Street, Brighton, Brighton And Hove BN2 9SS2
£220K05/230.4 miGround Floor Flat, 4, Springfield Road, Brighton, Brighton And Hove BN1 6DA2
£295K07/230.4 miFlat 61, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£290K07/230.4 miFlat 53, Wellend Villas, Springfield Road, Brighton, Brighton And Hove BN1 6BT2
£340K03/230.43 miFlat 20, St Nicholas Lodge, Church Street, Brighton, Brighton And Hove BN1 3LJ2
£321K01/240.44 mi103, Southover Street, Brighton, Brighton And Hove BN2 9UD2
£137.5K03/230.46 miFirst Floor Flat, 15, Wakefield Road, Brighton, Brighton And Hove BN2 3FP2
£365K01/210.46 miSecond Floor Flat, 2, Vernon Terrace, Brighton, Brighton And Hove BN1 3JG2
£316K06/210.47 mi132a, Upper Lewes Road, Brighton, Brighton And Hove BN2 3FD2
£585K09/230.47 miApartment 27, Preston Mansions, Preston Park Avenue, Brighton, Brighton And Hove BN1 6HP2
£320K11/200.49 mi110a, Albion Hill, Brighton, East Sussex BN2 9PA2
£255K06/210.56 mi27b, Upper Lewes Road, Brighton, East Sussex BN2 3FH2
£315K06/210.57 mi2a, Finsbury Road, Brighton, Brighton And Hove BN2 9UU2
£355K12/200.58 mi29, Elm Grove, Brighton, Brighton And Hove BN2 3ET2
£335K12/200.58 mi70a, Richmond Street, Brighton, Brighton And Hove BN2 9PE2
£450K01/230.61 mi5, Montpelier Terrace, Brighton, Brighton And Hove BN1 3DF2
£1.3M01/210.61 mi39, Stanford Avenue, Brighton, Brighton And Hove BN1 6GA2
£390K02/210.62 mi29b, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA2
£331K10/230.62 miTop Flat, 28, Grantham Road, Brighton, Brighton And Hove BN1 6EE2
£325K06/210.63 mi146a, Queens Park Road, Brighton, Brighton And Hove BN2 0GG2
£422.5K05/210.64 miGround Floor Flat, 1, Park View Terrace, Brighton, Brighton And Hove BN1 5PW2
£270K10/210.66 mi45, Havelock Road, Brighton, Brighton And Hove BN1 6GL2
£350K12/200.66 miJasmine Cottage, 21b, West Drive, Brighton, Brighton And Hove BN2 0QU2
£235K04/210.68 mi29a, Franklin Road, Brighton, East Sussex BN2 3AE2
£1.1M06/210.7 mi58, Davigdor Road, Hove, Brighton And Hove BN3 1RB2
£360K11/210.71 mi214, Queens Park Road, Brighton, Brighton And Hove BN2 9ZB2
£308.5K11/210.73 miFlat 69, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£300K11/200.73 miFlat 46, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£250K09/230.74 mi31, Bonchurch Road, Brighton, Brighton And Hove BN2 3PJ2
£415K01/210.75 mi3, Arnold Street, Brighton, Brighton And Hove BN2 9XS2
£270K12/200.76 mi24d, York Road, Hove, Brighton And Hove BN3 1DL2
£367K05/230.77 mi15a, York Road, Hove, Brighton And Hove BN3 1DJ2

Local Rents

52 rents from £1.6K/mo to £3.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,10012/240 miSharpthorne Court - P12752
£2,00012/240 miSharpthorne court - P13852
£1,85012/240.02 miHorsted Court, Fleet Street, Brighton, East Sussex, BN12
£2,50012/240.02 miFleet Street, Brighton, BN12
£1,75012/240.02 miEmbankment House - P2043S42
£2,25012/240.02 miEmbankment House - P2043S152
£2,25012/240.02 miEmbankment House - P17472
£1,85002/240.02 mi-2
£2,30003/250.02 mi-2
£2,25012/240.02 miTemple House - P16692
£2,25012/240.02 miTemple House - P16692
£2,15012/240.03 miFleet Street, BN1 4HD2
£2,50012/240.03 miFleet Street, Brighton, BN12
£1,95012/240.03 miFleet Street, BRIGHTON2
£1,70012/240.03 miEmbankment House, Brighton2
£2,03512/240.03 miStepney Court - P12222
£2,20012/240.03 miStepney Court, City Point -P14522
£1,77012/240.03 miStepney Court - P12902
£2,25012/240.03 miSheffield Court - P14802
£2,15012/240.03 miEmbankment House, Fleet Street, Brighton2
£2,25012/240.03 miEmbankment House - P17502
£2,30012/240.03 miEmbankment House - P17142
£2,25012/240.04 miHorsted Court - P16602
£2,20012/240.04 miHorsted Court - P12542
£1,90012/240.05 mi-2
£3,50002/240.05 mi-2
£3,50002/240.05 mi-2
£1,60001/250.05 mi-2
£1,80002/250.05 mi-2
£2,25012/240.05 miBrighton Belle - P16912
£2,80012/240.05 miStroudley Road, Brighton, BN12
£2,25012/240.05 miBrighton Belle - P16732
£2,25012/240.05 miBrighton Belle - P16702
£2,10002/240.06 mi-2
£2,10002/240.06 mi-2
£2,00012/240.06 miBrighton Belle, 2 Stroudley Road, Brighton, East Sussex, BN12
£2,00012/240.06 miStepney Court - P20052
£1,80012/240.06 miStroudley Road, BRIGHTON2
£2,20012/240.07 miSharpthorne Court - P16652
£2,35012/240.07 miSharpthorne Court - P12832
£1,90012/240.07 mi-2
£1,65001/250.07 mi-2
£2,10012/240.08 miBlackmore Court - P13892
£2,25012/240.08 miHorsted Court, City Point, Brighton2
£1,80012/240.09 miCheapside, Brighton2
£1,75012/240.1 miPullman Haul, Brighton2
£1,95012/240.1 mi-2
£2,40012/240.11 miProvidence Place, Brighton, East Sussex, BN12
£2,00012/240.11 miBlackman Street - P15292
£1,85012/240.11 miProvidence place, Brighton2
£2,40012/240.11 miProvidence Place, Brighton2
£1,75012/240.11 mi-2

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

1.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £330,000

February 11, 2025

Floor Plans

Description

  • Ground floor flat +
  • Two double bedrooms +
  • Open plan living area, kitchen with appliances +
  • EPC Rating C, Council Tax band D, Parking zone Y +
  • Fully Furnished +
  • Central Brighton by the main railway station +
  • Immediate ‘Exchange of Contracts’ available +
  • Sold via 'Secure Sale' +

'Secure Sale online bidding' PURPOSE BUILT Ground floor, two double bedroom flat in located by Brighton mainline station. Benefits include en- suite shower to bedroom 1, kitchen with appliances and communal roof terrace and garden. No chain. FULLY FURNISHED
Sharpthorne Court is a popular purpose-built block within a few minutes from Brighton Station in the New England Quarter.

This area is hugely popular with professionals keen to take advantage of Brighton Station with access to Brighton to London train services, superb bus links and the city centre. Situated near the local amenities with a wide range of cafes, shops to include Sainsburys and bars on popular London road and North laines of Brighton.

Viewings by appointment only, please call Callaways .

Secure Sale Online Bidding - Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £300.000
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Sharpthorne Court is a popular purpose-built block within a few minutes of Brighton Station in the New England Quarter.

This area is hugely popular with professionals keen to take advantage of Brighton Station with access to Brighton to London train services, superb bus links and the city centre. Situated near the local amenities with a wide range of cafes, shops to include Sainsburys and bars on popular London Road and North Laines of Brighton.

Entrance Hall - Entrance via security front door into communal area. Stairs leading to all floors. Walkway with views over communal gardens, leading to front door.

Open Plan Living Room - 7.8 x 4 (25'7" x 13'1") - Windows for front and rear, door onto balcony, power points, TV point, telephone point, electric wall mounted heater.

Kitchen Area - Kitchen comprises a selection of beech fronted low level units with work surface over, one bowl stainless steel sink with drainer and mixer tap, four ring electric hob with stainless steel ceiling mounted extractor unit over. Built-in low level electric oven and fridge freezer. Matching eyelevel cupboards and shelves. Under unit lighting, tiled splash back, power points, double glazed window to front.

Bathroom - Bathroom consists of three piece white suite. Panelled bath with shower over, low level WC with built in cistern, vanity mounted hand basin with cupboards under, part tiled walls, shaver point, extractor fan, down lighters, double glazed window to front, electric wall mounted heater, tiled flooring.

Bedroom One - 4.2 x 3 (13'9" x 9'10") - Double glazed window to rear, power points, TV point, Electric wall mounted heater

En Suite Shower Room - Ensuite comprises of walk in power shower with glazed door and tiled walls, low level WC, vanity mounted hand basin with cupboards under, shaver point, down lighters, extractor fan, electric towel rail, part tiled walls, tiled flooring.

Bedroom Two - 4.2 x 2.6 (13'9" x 8'6") - Double glazed window to rear, power points, TV point, electric wall mounted heater.

Communal Garden - Communal Gardens, bin and bike stores

Additional Information - Council Tax Band: D
EPC Rating: C
Lease information: Leasehold
Service Charge: £2,500 per annum
Ground Rent: approx. £275 per annum
Managing Agent: First Port, based in Luton.

Agent Details

Callaways Estate & Letting Agents, Hove

01273 092706

Next Steps?

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