Brices says ..
IDEAL BUY TO LET INVESTMENT CURRENT YIELD OF 6.8% GROSS. CASH BUYERS ONLY. AN UNUSUAL STUDIO FLAT situated in CONVERTED GRADE II LISTED BUILDING in SOUGHT AFTER BRUNSWICK. STUDIO ROOM WITH BED MEZZANINE, KITCHEN AREA, SHOWER ROOM, EPC E.
Property Oracle says ..
This property is a studio flat located on Lansdowne Place in Hove, East Sussex. The area is well-regarded, boasting a desirable location near the seafront, good schools, and convenient access to transport links to Brighton and beyond. The studio flat itself is compact and appears functional, but could benefit from some modernisation. Photos show a simple, potentially dated interior, with the presence of a loft bed suggesting a small living space. The lack of outdoor space is a notable drawback. In terms of price, while the listed price of £135,000 seems reasonable, a precise value assessment is hampered by the unavailability of accurate square footage for comparable properties, making it hard to calculate an exact price per square foot. This makes the property more suitable for cash buyers or investors, possibly as a buy-to-let opportunity. The flat’s compact nature, combined with its prime location and relatively low price point, may make it appealing to single occupants or those looking for a cost-effective entry point to the Hove property market. Overall, the property’s strongest asset is its location; however, improvements and modernisations could enhance its market value and broaden its appeal.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 262.64
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
- 454,808.00 £Decreased by 9.50 %
- Est sale value
- 166,251.12 £Increased by 10.47 %
- Average area rental value
- 1,996.00 £/moIncreased by 22.91 %
- Est letting value
- 525.28 £/moIncreased by 100.00 %
- Est rental Yield
- 5.27 %Increased by 35.82 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Brices created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brunswick Primary School | Community School | Good | 0.65 KM |
| The Montessori Place | Other Independent School | Outstanding | 0.99 KM |
| Brighton Girls Gdst | Other Independent School | 1.10 KM | |
| St Mary Magdalen Catholic Primary School | Voluntary Aided School | Good | 1.39 KM |
| Drive Preparatory School | Other Independent School | Good | 1.47 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dudley Mews | £ 617,500 | 0 | 0.00 KM |
| St. Johns Road | £ 0 | 0 | 0.00 KM |
| Saint John's Road | £ 0 | 0 | 0.00 KM |
| St Johns Road | £ 0 | 0 | 0.00 KM |
| Kerrison Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hove | 5273 | HOV | 1.60 KM |
| Brighton | 5268 | BTN | 2.33 KM |
| Preston Park | 5285 | PRP | 2.55 KM |
| Aldrington | 5280 | AGT | 2.81 KM |
| London Road (Brighton) | 5281 | LRB | 3.13 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brunswick Terrace, Hove, BN3 | £ 1,100,000 | BUY | Unknown | 0.03 KM |
| Lansdowne Place | £ 250,000 | BUY | 6 / 10 | 0.03 KM |
| Brunswick Terrace, HOVE, BN3 | £ 1,200,000 | BUY | 8 / 10 | 0.03 KM |
| Brunswick Terrace, Hove | £ 850,000 | BUY | 6 / 10 | 0.04 KM |
| Lansdowne Place, Hove | £ 400,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Brunswick Mews | £ 245,000 | 0.04 KM |
| 5 Brunswick Mews | £ 195,000 | 0.04 KM |
| 8 Brunswick Mews | £ 290,000 | 0.04 KM |
| 6 Brunswick Mews | £ 270,000 | 0.04 KM |
| 10 Brunswick Mews | £ 499,999 | 0.04 KM |