7 Bed HMO, Brighton, BN2 3ER £615,000
Bernard Road, Brighton, BN2 3ER - 6 views - 8 months ago
Sold STC
HMO
Inside Article 4
ROI: 5%
~114 m²


ValuationUndervalued
| Sold Prices | £900K - £2.8M |
| Sold Prices/m² | £4.8K/m² - £9.2K/m² |
| |
Square Metres | ~113.75 m² |
| Price/m² | £5.4K/m² |
Value Estimate | £650,465 |
| BMV | 6% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £153,750 |
Stamp Duty & Legal Fees | £52,700 |
Total Cash In | £206,450 |
| |
Cash Out | |
Room Rate | £650 |
Gross Rent | £4,550 |
Running Costs/mo | £3,730 |
Cashflow/mo | £820 |
Cashflow/yr | £9,839 |
ROI | 5% |
Gross Yield | 9% |
Local Sold Prices
9 sold prices from £900K to £2.8M, average is £1.5M. £4.8K/m² to £9.2K/m², average is £5.7K/m².
Local Area Statistics
Population in BN2 | 93,124 |
Population in Brighton | 208,224 |
Town centre distance | 0.56 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.76 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +9% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £615,000
March 13, 2025
Floor Plans
Description
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