Petworth Road, Brighton, East Sussex, BN1
By Your Move
£ 125,000
Reviews
2 out of 5 stars
Your Move says ..
Your Move are delighted to offer to the market this investment opportunity located in Hollingbury. The land that is situated between Petworth Road and Carden Avenue and currently houses 3 x Freehold garages with mains electric and water. There is no ONWARD chain. Details regarding lea...
Property Oracle says ..
This listing presents an investment opportunity in the form of three freehold garages located on Petworth Road in Patcham, Brighton. The garages are situated in a relatively quiet residential area, close to several schools including Carden Nursery and Primary School, which is rated ‘Good’ by Ofsted. The property’s proximity to these schools is a significant advantage, potentially attracting investors interested in renting to families. However, the property itself is very simple. The provided photos reveal that the garages are in need of some cosmetic work, as evidenced by the weathered paintwork and slight overgrowth. The lack of a garden or other outdoor space is a key limitation. The absence of bathrooms and bedrooms, and the small size of the property overall, means that it is only suitable as an investment property. Nearby transport links to Brighton city centre are available; however, this would likely require the use of a car or bus. The price of £125,000 is relatively high, and needs to be weighed up against comparable property prices in the area. Overall, whilst suitable for investment buyers, the property’s lack of amenities and significant refurbishment requirements are factors to consider before purchase.
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
- 6
- Condition
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,761.41
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
- 570,056.00 £Increased by 7.73 %
- Est sale value
- 1,053,323.18 £Increased by 22.29 %
- Average area rental value
- 1,880.00 £/moDecreased by 7.71 %
- Est letting value
- 1,761.41 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.96 %Decreased by 14.29 %
- Crime Rate
- 26.00 %Unchanged by 0.00 %
Agent Activity
Your Move created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hollingbury And Patcham Children'S Centre | Children's Centre Linked Site | 0.24 KM | |
| Carden Nursery And Primary School | Community School | Good | 0.24 KM |
| Patcham Junior School | Community School | Good | 1.49 KM |
| Patcham High School | Community School | Good | 1.56 KM |
| Varndean School | Community School | Good | 1.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Buttercup Walk | £ 0 | 0 | 0.00 KM |
| Fernhurst Close | £ 400,000 | 0 | 0.00 KM |
| Ditchling Road | £ 0 | 0 | 0.00 KM |
| Greenfield Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Moulsecoomb | 5312 | MCB | 2.39 KM |
| London Road (Brighton) | 5281 | LRB | 3.24 KM |
| Preston Park | 5285 | PRP | 3.49 KM |
| Brighton | 5268 | BTN | 4.20 KM |
| Falmer | 5337 | FMR | 4.74 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Carden Avenue, Patcham, Brighton, East Sussex | £ 550,000 | BUY | 7 / 10 | 0.10 KM |
| Midhurst Rise, Brighton, East Sussex | £ 450,000 | BUY | Unknown | 0.15 KM |
| Midhurst Rise, Brighton, East Sussex | £ 575,000 | BUY | 6 / 10 | 0.15 KM |
| Midhurst Rise, Brighton, East Sussex | £ 297,500 | BUY | Unknown | 0.15 KM |
| Midhurst Rise, Brighton, BN1 | £ 475,000 | BUY | Unknown | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 263 Carden Avenue | £ 208,000 | 0.10 KM |
| 269 Carden Avenue | £ 182,500 | 0.10 KM |
| 307 Carden Avenue | £ 243,000 | 0.10 KM |
| 281 Carden Avenue | £ 425,000 | 0.10 KM |
| 305 Carden Avenue | £ 365,000 | 0.10 KM |