Petworth Road, Brighton, East Sussex, BN1
YO

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 %
from 529,161.00 £
Est sale value
1,053,323.18 £
Increased by 22.29 %
from 861,329.49 £
Average area rental value
1,880.00 £/mo
Decreased by 7.71 %
from 2,037.00 £/mo
Est letting value
1,761.41 £/mo
Unchanged by 0.00 %
from 1,761.41 £/mo
Est rental Yield
3.96 %
Decreased by 14.29 %
from 4.62 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Your Move created the listing.

Nearby Schools

NameTypeOfstedDistance
Hollingbury And Patcham Children'S CentreChildren's Centre Linked Site0.24 KM
Carden Nursery And Primary SchoolCommunity SchoolGood0.24 KM
Patcham Junior SchoolCommunity SchoolGood1.49 KM
Patcham High SchoolCommunity SchoolGood1.56 KM
Varndean SchoolCommunity SchoolGood1.81 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Buttercup Walk £ 000.00 KM
Fernhurst Close £ 400,00000.00 KM
Ditchling Road £ 000.00 KM
Greenfield Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Moulsecoomb5312MCB2.39 KM
London Road (Brighton)5281LRB3.24 KM
Preston Park5285PRP3.49 KM
Brighton5268BTN4.20 KM
Falmer5337FMR4.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Carden Avenue, Patcham, Brighton, East Sussex £ 550,000BUY7 / 100.10 KM
Midhurst Rise, Brighton, East Sussex £ 450,000BUYUnknown0.15 KM
Midhurst Rise, Brighton, East Sussex £ 575,000BUY6 / 100.15 KM
Midhurst Rise, Brighton, East Sussex £ 297,500BUYUnknown0.15 KM
Midhurst Rise, Brighton, BN1 £ 475,000BUYUnknown0.19 KM

Nearby Properties

AddressPriceDistance
263 Carden Avenue £ 208,0000.10 KM
269 Carden Avenue £ 182,5000.10 KM
307 Carden Avenue £ 243,0000.10 KM
281 Carden Avenue £ 425,0000.10 KM
305 Carden Avenue £ 365,0000.10 KM