This property has been taken off the market.
Go back

3 Bed Terraced House For Sale Locks Hill, Brighton, BN41

£325,000- Terraced

Yield: 5.16%
1 of 15
Yield: 5.16%
Save
  • Rental Guide: £1,115 - £1,400
  • 3 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Three Bedroom Terraced House
  • Stunning Rear Garden
  • Ideal Family Home
  • Well Presented Throughout
  • Close Proximity To Local Amenities
Last Updated: 9th June 2020

Description


SUMMARY
Locks Hill is located between Portslade Village and Old Shoreham Road and benefits from substantial west facing rear gardens. This well presented three bedroom terraced house is an ideal family home and is being sold with no onward chain.


DESCRIPTION
A well presented three bedroom terraced house located in the heart of Portslade. This property comprises a separate open plan lounge diner, separate fitted kitchen, three bedrooms, bathroom and an outstanding three tiered west facing rear garden. Close to this family home can be found Portslade and Fishersgate train station, Victoria Park and it has easy access to Old Shoreham Road. Portslade village is also in close proximity with its variety of shops.

Living/dining 27' 5" x 10' 5" ( 8.36m x 3.17m )

Kitchen 8' 3" x 5' 8" ( 2.51m x 1.73m )

Utility 

Bedroom One 13' 10" x 9' 8" ( 4.22m x 2.95m )

Bedroom Two 11' 7" x 9' 8" ( 3.53m x 2.95m )

Bedroom Three 8' x 6' 5" ( 2.44m x 1.96m )

Bathroom 



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Agent Details
Fox & Sons
161, Church Road, Hove, BN3 2AD
Show Contact Number
01273 820 280

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£9750
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.5

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
6.7
£309,950
End Of Terrace
Yield: 7.16%
ROCI: 23%
Property Image
6.3
£325,000
Terraced
Yield: 6.83%
ROCI: 21%
Property Image
6.2
£300,000
Terraced
Yield: 6.64%
ROCI: 21%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 Bedroom properties in “BN41” are mostly listed between £1,115 - £1,400. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested