2 Bed Bungalow, Refurb/BRRR, Peacehaven, BN10 8JA, £350,000

Arundel Road Central, Peacehaven, BN10 8JA - 3 views - 2 months ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£220K - £465K
Sold Prices/m²£2.7K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£313,409

 

 

End Value (After Refurb)

£340,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£32,225

Bridging Loan Interest

£9,188

Total Cash In

£147,362

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£340,000

Mortgage (After Refinance)

£255,000

Mortgage LTV

75%

Cash Left In

£147,362

Equity

£85,000

Rent Range

£975 - £2,000

Rent Estimate

£1,371

Running Costs/mo

£1,357

Cashflow/mo

£14

Cashflow/yr

£172

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £465K, average is £315.5K. £2.7K/m² to £7.5K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£317.5K03/210.05 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£338K06/230.05 mi216, Arundel Road Central, Peacehaven, East Sussex BN10 8BJ2
£305K02/230.11 mi7, Jason Close, Peacehaven, East Sussex BN10 8JZ2
£347K10/230.11 mi15a, Edith Avenue, Peacehaven, East Sussex BN10 8JB2
£325K11/220.12 mi27, Horsham Avenue, Peacehaven, East Sussex BN10 8HX2
£284.9K10/200.12 mi32, Horsham Avenue, Peacehaven, East Sussex BN10 8HX2
£335K07/210.13 mi49, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2
£330K10/210.13 mi47, Cavell Avenue, Peacehaven, East Sussex BN10 7NR2
£365K10/220.15 mi48, Sutton Avenue, Peacehaven, East Sussex BN10 7NY2
£282K07/210.17 mi45a, Dorothy Avenue, Peacehaven, East Sussex BN10 8HT2
£272K11/220.2 mi29, Sutton Avenue, Peacehaven, East Sussex BN10 7NZ2
£305K02/210.21 mi211, Arundel Road West, Peacehaven, East Sussex BN10 7PG2
£325K12/220.24 mi42, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£259K12/200.25 mi54, Hoddern Avenue, Peacehaven, East Sussex BN10 7PH2
£280K06/210.27 mi9, Bramber Close, Peacehaven, East Sussex BN10 8DH2
£375K11/220.3 mi258, Arundel Road West, Peacehaven, East Sussex BN10 7PP2
£329K01/210.31 mi120, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£315K10/200.31 mi124, Sutton Avenue North, Peacehaven, East Sussex BN10 7QL2
£290K01/210.31 mi10a, Rowe Avenue, Peacehaven, East Sussex BN10 7JD2
£267.5K11/200.32 mi56, Capel Avenue, Peacehaven, East Sussex BN10 8HD2
£400K04/230.33 mi66, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£325K08/210.33 mi86, Malines Avenue, Peacehaven, East Sussex BN10 7RS2
£345K12/220.33 mi102, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£338K09/220.34 mi122, Rowe Avenue North, Peacehaven, East Sussex BN10 7QR2
£350K10/220.34 mi120a, Roderick Avenue, Peacehaven, East Sussex BN10 8BS2
£300K04/210.34 mi36, Malines Avenue, Peacehaven, East Sussex BN10 7PS2
£292.5K10/200.34 mi117b, Cavell Avenue North, Peacehaven, East Sussex BN10 7QQ2
£316K11/210.34 mi21, Victoria Avenue, Peacehaven, East Sussex BN10 8LX2
£275K01/210.35 mi85, Hoddern Avenue, Peacehaven, East Sussex BN10 7QT2
£320K03/210.35 mi41, Capel Avenue, Peacehaven, East Sussex BN10 8HB2
£305K12/230.37 mi91, Arundel Road, Peacehaven, East Sussex BN10 8EY2
£399.9K01/230.37 mi38, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£312.5K11/200.37 mi49, Cairo Avenue, Peacehaven, East Sussex BN10 7PX2
£289.9K10/200.39 mi4a, View Road, Peacehaven, East Sussex BN10 8DE2
£336K07/230.4 mi24, Firle Road, Peacehaven, East Sussex BN10 8DB2
£273K06/210.41 mi54, Slindon Avenue, Peacehaven, East Sussex BN10 8ET2
£345K10/220.45 mi53, Ambleside Avenue, Telscombe Cliffs, Peacehaven, East Sussex BN10 7LP2
£309K09/210.46 mi8, Second Road, Peacehaven, East Sussex BN10 7JP2
£319K05/210.46 mi102, Arundel Road, Peacehaven, East Sussex BN10 8RG2
£350K12/220.47 mi122, Firle Road, Peacehaven, East Sussex BN10 7QS2
£232.5K03/210.47 mi54, Flint Way, Peacehaven, East Sussex BN10 8GN2
£256K06/210.47 mi26, Flint Way, Peacehaven, East Sussex BN10 8GN2
£340K12/220.48 mi20, Slindon Avenue, Peacehaven, East Sussex BN10 8NJ2
£465K09/230.5 mi2, Lincoln Avenue, Peacehaven, East Sussex BN10 7HL2
£276K08/230.5 mi7, The Bricky, Peacehaven, East Sussex BN10 8PQ2
£293K02/230.5 mi12, Mitchelldean, Peacehaven, East Sussex BN10 8EF2
£455K01/230.5 mi48, Piddinghoe Avenue, Peacehaven, East Sussex BN10 8RJ2
£220K12/200.52 mi14, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£265K01/210.52 mi10, The Dewpond, Peacehaven, East Sussex BN10 8EE2
£285K12/230.52 mi7, The Dewpond, Peacehaven, East Sussex BN10 8EE2

Local Rents

26 rents from £975/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.22 mi-2
£1,35012/240.39 miKeymer Avenue, Peacehaven, BN10 8EX2
£1,45012/240.42 miSouth Coast Road, Peacehaven2
£1,39502/250.43 mi-2
£1,40012/240.47 mi-2
£1,40001/250.47 mi-2
£1,30003/230.52 mi-2
£1,45012/240.56 miTrafalgar Close, Peacehaven, BN102
£1,20012/240.58 miFoxhill, Peacehaven2
£1,35012/240.69 mi-2
£1,30002/250.7 mi-2
£1,30012/240.7 miSussex Way, Telscombe Cliffs, BN10 7EX2
£1,20012/240.7 miWestview Close, Peacehaven2
£1,30003/250.71 mi-2
£1,10012/240.73 miThe Esplanade, Peacehaven, BN10 7EY2
£1,05012/240.74 miSouth Coast Road, Peacehaven2
£1,20012/240.96 miSouth Coast Road, Peacehaven, BN10 7BE2
£1,40009/240.98 mi-2
£1,30012/240.98 mi16 South Coast Road, Peacehaven, BN102
£97512/241 mi-2
£1,65012/241.06 miSouth Coast Road, Telscombe Cliffs, Peacehaven2
£1,20012/241.07 miSouth Coast Road, BN102
£1,90203/251.18 mi-2
£2,00007/231.22 mi-2
£1,70007/241.22 mi-2
£1,70003/251.22 mi-2

Local Area Statistics

Population in BN10

18,563

Population in Peacehaven

18,566

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

2.41 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £350,000

February 19, 2025

Floor Plans

Description

  • 2 Bedroom Semi-Detached Bungalow +
  • Front & Rear Gardens +
  • Driveway With Ample Parking +
  • Large Workshop/Outbuilding +
  • No Onward Chain +
  • Scope To Extend +
  • Close To Local Amenities & Transport Links +

SUMMARY
A charming 2 bedroom semi-detached bungalow in a prime Peacehaven location. Features a spacious lounge, kitchen, family bathroom, private driveway and workshop/outbuilding. Close to schools, amenities and transport links. NO ONWARD CHAIN, with scope to extend. Call us today!!!!

DESCRIPTION
Situated in a highly sought-after area of Peacehaven, this delightful 2 bedroom semi-detached bungalow offers comfortable living with excellent potential to extend. Conveniently located close to local amenities, schools and transport links into Brighton and beyond, this property is perfect for those seeking a peaceful yet well-connected home.
Upon entering, you're welcomed by a spacious entrance hall with a handy storage cupboard. Both bedrooms are generous doubles, with the master bedroom benefiting from 2 double wardrobes providing excellent storage. The family bathroom is well-proportioned, catering to all needs.
The kitchen is thoughtfully laid out, while the bright and airy lounge feature sliding doors that lead directly to the rear garden, seamlessly blending indoor and outdoor living.
Externally, the property boasts a private driveway with ample parking and a well-maintained front lawn. Additionally, a fantastic outbuilding/workshop at the rear offers an ideal space for hobbies, additional storage or even a home office.
With no onward chain, this bungalow presents fantastic opportunity for buyers looking to secure a home with scope to extend and add further value. Give Fox & Sons as call today to arrange your viewing!

Entrance Hall 
Spacious, with storage cupboard.

Kitchen 9' 11" x 8' 11" ( 3.02m x 2.72m )
Bright and airy, with door access to rear garden. Under-counter lighting and tiled flooring. Induction hob with extractor fan and integrated oven.

Lounge 13' 9" x 10' 5" ( 4.19m x 3.17m )
A large, bright space with sliding door access out onto the rear garden.

Bathroom 7' 5" x 5' 5" ( 2.26m x 1.65m )
A family bathroom with bath, wall-mounted shower over the bath, toilet and hand basin.

Bedroom 1 13' 10" x 10' 4" ( 4.22m x 3.15m )
A well-sized master bedroom with built-in double wardrobes.

Bedroom 2 11' 4" x 8' 10" ( 3.45m x 2.69m )
A well-sized second bedroom.

Workshop/Outbuilding 20' 5" x 11' 2" ( 6.22m x 3.40m )
A large outbuilding, currently being used as a workshop, with power and electric access. Potential for a home office/gym/renovation.

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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