Vernon Terrace, BN1
AU

Vernon Terrace, BN1

By Austin Gray

£ 500,000

Reviews

4 out of 5 stars

Austin Gray says ..

A TWO DOUBLE BEDROOM, ground floor GARDEN FLAT opposite Montpelier Crescent and offered FOR SALE WITH ITS LONG LEASE and SHARE OF THE FREEHOLD.

Property Oracle says ..

The property is located in the Regency area of Brighton and Hove, known for its elegant architecture and proximity to the seafront. The area benefits from excellent transport links, with Brighton railway station less than a kilometre away, providing convenient access to London and other parts of the UK. Several well-regarded schools are also within a short distance, making it an attractive area for families. Based on the provided images, the property appears to be in good condition. The interior is well-maintained and presented, with modern fixtures and fittings in the kitchen and bathroom. The property has retained many of its original period features, which have been tastefully preserved. The property includes a private rear garden, which is a significant advantage in a city centre location. The garden is well-maintained and provides a private outdoor space. The list price of £500,000 is in line with the average price of similar properties in the area (£522,540). While the average price per square foot is £555, the property’s size (817.84 sqft) and inclusion of a private garden justify the price. Considering the location, condition, and the presence of a garden, the asking price appears reasonable.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
9
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
817.84

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
444,429.00 £
Decreased by 10.77 %
from 498,093.00 £
Est sale value
646,093.60 £
Increased by 56.75 %
from 412,191.36 £
Average area rental value
1,627.00 £/mo
Decreased by 1.51 %
from 1,652.00 £/mo
Est letting value
1,635.68 £/mo
Increased by 100.00 %
from 817.84 £/mo
Est rental Yield
4.39 %
Increased by 10.30 %
from 3.98 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Austin Gray created the listing.

Nearby Schools

NameTypeOfstedDistance
Brighton Girls GdstOther Independent School0.37 KM
St Mary Magdalen Catholic Primary SchoolVoluntary Aided SchoolGood0.50 KM
Brighton Hove And Sussex Sixth Form CollegeFurther EducationOutstanding0.54 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.71 KM
Stanford Junior SchoolCommunity SchoolGood0.74 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Windlesham Avenue £ 000.00 KM
Belmont £ 220,00000.00 KM
Dyke Road £ 900,00000.00 KM
Norfolk Terrace £ 263,75000.00 KM
Saint Nicholas Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Brighton5268BTN0.94 KM
London Road (Brighton)5281LRB1.67 KM
Preston Park5285PRP1.93 KM
Hove5273HOV2.40 KM
Aldrington5280AGT3.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vernon Terrace, BN1 £ 500,000BUY8 / 100.00 KM
Vernon Terrace, Brighton £ 450,000BUY6 / 100.00 KM
Vernon Terrace, Brighton, BN1 £ 375,000BUY7 / 100.01 KM
Vernon Terrace, Brighton £ 300,000BUY6 / 100.01 KM
Private roof garden, Montpelier Crescent, Brighton £ 600,000BUY8 / 100.05 KM

Nearby Properties

AddressPriceDistance
3 Vernon Terrace £ 365,0000.00 KM
14 Vernon Terrace £ 115,0000.00 KM
1 Vernon Terrace £ 186,7500.00 KM
16a Vernon Terrace £ 217,5000.00 KM
5d Vernon Terrace £ 325,0000.00 KM