2 Bed Flat, Refurb/BRRR, Peacehaven, BN10 8GL, £245,000





ValuationOvervalued
Sold Prices | £130K - £345K |
Sold Prices/m² | £2.5K/m² - £5.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.6K/m² |
Value Estimate | £235,632 |
| |
End Value (After Refurb) | £259,384 |
Uplift in Value | +6% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £61,250 |
Stamp Duty & Legal Fees | £13,450 |
Refurb Costs | £32,225 |
Bridging Loan Interest | £6,431 |
Total Cash In | £115,106 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £259,384 |
Mortgage (After Refinance) | £194,538 |
Mortgage LTV | 75% |
Cash Released | £10,788 |
Cash Left In | £104,318 |
Equity | £64,846 |
Rent Range | £975 - £1,650 |
Rent Estimate | £1,301 |
Running Costs/mo | £1,091 |
Cashflow/mo | £210 |
Cashflow/yr | £2,523 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
30 sold prices from £130K to £345K, average is £217.9K. £2.5K/m² to £5.6K/m², average is £3.5K/m².
Local Rents
15 rents from £975/mo to £1.6K/mo, average is £1.4K/mo.
Local Area Statistics
Population in BN10 | 18,563 |
Population in Peacehaven | 18,566 |
Town centre distance | 0.60 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 1.95 miles away |
| |
Rental growth (12m) | +12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +20% |
Property History
Listed for £245,000
March 3, 2025
Floor Plans

Description
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