Coombe Terrace, Brighton
JO

Coombe Terrace, Brighton

By John Hilton & Co

£ 400,000

Reviews

2 out of 5 stars

John Hilton & Co says ..

*** IDEAL INVESTMENT OPPORTUNITY *** Four bedroom licensed HMO property which is currently let from 11th September 2024 for 12 months at £2,600 pcm (£31,200 per annum). Great location for student letting in the popular Lewes Road area, convenient for local shops, buses and the universities. T...

Property Oracle says ..

This four-bedroom terraced property in Brighton’s Moulsecoomb and Bevendean area, located on Lewes Road, presents itself as a potential investment opportunity, particularly within the student rental market. Its proximity to the University of Brighton and other educational institutions, coupled with its status as a licensed HMO, makes it suitable for rental income generation. The current listing suggests a strong rental yield with minimal hassle. However, the property’s condition appears to be dated, possibly requiring some modernisation. While the listing price might be considered within the range of comparable properties in the area, the absence of specific property details, such as exact square footage and condition, makes a definitive evaluation challenging. The lack of any outdoor space is a significant drawback. Prospective buyers should carefully assess the property’s condition and rental potential against the asking price, considering any potential renovation costs and the ongoing demands of maintaining a rental property, especially an HMO.

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
4
Bathrooms
1
Sqft (est)
911.38

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
374,519.00 £
Increased by 2.63 %
from 364,937.00 £
Est sale value
390,982.02 £
Increased by 4.63 %
from 373,665.80 £
Average area rental value
4,035.00 £/mo
Increased by 66.60 %
from 2,422.00 £/mo
Est letting value
3,645.52 £/mo
Increased by 100.00 %
from 1,822.76 £/mo
Est rental Yield
12.93 %
Increased by 62.44 %
from 7.96 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • John Hilton & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of BrightonHigher Education InstitutionsGood0.46 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood0.46 KM
St Martin'S Cofe Primary SchoolVoluntary Aided SchoolGood0.51 KM
Coombe Road Primary SchoolCommunity SchoolGood0.54 KM
Fairlight Primary SchoolCommunity SchoolGood0.61 KM

Images

Kitchen.jpg External.jpg Living Room.jpg CAM00771P1-PR0134-STILL01.jpg Dining Living Room.jpg Dining Room.jpg Bathroom.jpg CAM00771P1-PR0134-STILL05.jpg CAM00771P1-PR0134-STILL04.jpg CAM00771P1-PR0134-STILL03.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Peace Close £ 000.00 KM
Saint Leonard's Road £ 550,00000.00 KM
Saint Paul's Street £ 220,00000.00 KM
Saint Helen's Road £ 000.00 KM
Adams Close £ 600,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Moulsecoomb5312MCB0.86 KM
London Road (Brighton)5281LRB1.60 KM
Brighton5268BTN2.41 KM
Preston Park5285PRP3.69 KM
Falmer5337FMR4.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Coombe Terrace, Brighton £ 400,000BUY5 / 100.00 KM
Coombe Terrace, Brighton £ 400,000BUY5 / 100.02 KM
Riley Road, Brighton £ 400,000BUY5 / 100.13 KM
Coombe Road, Brighton £ 465,000BUY5 / 100.15 KM
42 Ewhurst Road, Brighton, BN2 4AJ £ 275,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
12b Coombe Terrace £ 97,5000.02 KM
18 Coombe Terrace £ 305,0000.02 KM
3 Coombe Terrace £ 143,2510.02 KM
41 Coombe Terrace £ 59,9000.02 KM
27 Coombe Terrace £ 265,0000.02 KM