Nicholas James says ..
A freehold mixed-use investment producing £33,700 per annum. The building is arranged as a retail unit over ground and basement let at £17,500 per annum, with access to the rear courtyard, and a 2 bedroom maisonette, both with en-suite shower rooms, let at £16,200 per annum. The property is well ...
Property Oracle says ..
The property is located on Lewes Road in Brighton, a busy road with a mix of commercial and residential properties. The area appears to have a good mix of amenities, with several shops and businesses visible in the provided photographs. The proximity to several schools, all with a ‘Good’ or ‘Outstanding’ Ofsted rating, is a positive factor for families. The location also benefits from relatively easy access to public transportation, with several train stations within a reasonable distance. However, being situated directly on a main road may mean higher levels of traffic noise and pollution. Considering these factors, the location score is reasonable. Based on the images provided, the property appears to be in generally good condition. The kitchen and living areas show modern fixtures and fittings. However, one of the bedrooms is quite cluttered, making it difficult to fully assess its condition. There is also evidence of some wear and tear in the back yard. Overall, the property seems well maintained but may benefit from some minor improvements. The property includes a small, enclosed back yard, although it appears to be more of a paved area than a traditional garden. The size is not specified, but it offers some degree of private outdoor space. The list price of £350,000 is lower than the average price for the area (£433,451). However, without knowing the square footage of the property, it’s difficult to make a definitive judgment on value for money. Nearby comparable properties show a wide range of prices, suggesting that the market in this specific location is quite variable. The lack of sqft information for this property and many nearby listings makes a precise price comparison difficult. The list price may be reasonable considering the location and apparent condition, but more information is needed for a conclusive assessment.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 2
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
- 453,371.00 £Increased by 5.22 %
- Average area rental value
- 1,827.00 £/moIncreased by 2.93 %
- Est rental Yield
- 4.84 %Decreased by 2.02 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Nicholas James created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fairlight Primary School | Community School | Good | 0.28 KM |
| St Martin'S Cofe Primary School | Voluntary Aided School | Good | 0.41 KM |
| Elm Grove Primary School | Community School | Good | 0.72 KM |
| Downs Infant School | Community School | Outstanding | 0.78 KM |
| St Joseph'S Catholic Primary School | Voluntary Aided School | Good | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Martin's Place | £ 0 | 0 | 0.00 KM |
| Saint Paul's Street | £ 220,000 | 0 | 0.00 KM |
| St Paul's Street | £ 0 | 0 | 0.00 KM |
| Saint Leonard's Road | £ 550,000 | 0 | 0.00 KM |
| Tamplin Terrace | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| London Road (Brighton) | 5281 | LRB | 1.04 KM |
| Brighton | 5268 | BTN | 1.63 KM |
| Moulsecoomb | 5312 | MCB | 1.70 KM |
| Preston Park | 5285 | PRP | 3.34 KM |
| Hove | 5273 | HOV | 4.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lewes Road, Brighton | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| St. Pauls Street, Brighton | £ 475,000 | BUY | 7 / 10 | 0.02 KM |
| Lewes Road, Brighton | £ 575,000 | BUY | 6 / 10 | 0.04 KM |
| St. Martins Street, Brighton | £ 425,000 | BUY | 5 / 10 | 0.07 KM |
| St. Martins Place, Brighton | £ 375,000 | BUY | 4 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47a Lewes Road | £ 40,000 | 0.01 KM |
| 170 Lewes Road | £ 182,000 | 0.04 KM |
| 171 Lewes Road | £ 78,000 | 0.04 KM |
| 181a Lewes Road | £ 250,000 | 0.04 KM |
| 176 Lewes Road | £ 76,000 | 0.04 KM |