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2 Bed Flat For Sale Wilbury Road, Hove, BN3

£330,000- Flat

Yield: 4.77%
1 of 15
Yield: 4.77%
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  • Rental Guide: £1,050 - £1,315
  • 2 Bedroom(s)
  • Description
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Last Updated: 10th June 2020

Description

This is one of those properties that is sure to be snapped up quickly, it really does tick all the boxes. The location is second to none and when you step out of the property you'll be central to everything you need, local shops, seafront restaurants, bars, coffee shops and supermarkets. Stepping back into your property will be like closing the door to this 'Notting Hill feel' and unite you back with bliss and tranquillity.

The property itself is located on the first floor of this attractive purpose built building and could be the perfect first time or investment purchase. On entering the flat you immediately feel the sense of space, as the entrance hall is a great size and loops round the property meaning it faces both the front and rear of the building. There are two double bedrooms, a stylish and modern bathroom, superb trendy radiators from the radiator centre and engineered city wood flooring throughout. The piece de-resistance has to be the delightful and bright open plan living/ dining room which leads onto a completely refurbished and modern kitchen which has built in appliances, a butler sink, composite worktops which look and feel similar to marble, (fired earth) green metropolitan and grey mini tiles.

Overall this is a 'real gem' of a property and has been well maintained by the current owners. Spacious Rooms and lots of character is what you can expect here, not to mention that you can just walk straight into this property without having to lift a finger.

If you need to commute to Gatwick or London then Hove's railway station is within a few minutes walk. Living here would really be exciting and you would certainly be experiencing Brighton & Hove's cosmopolitan lifestyle and atmosphere. 

FIRST FLOOR  

ENTRANCE HALL  

OPEN PLAN LIVING ACCOMODATION 15' 6" x 11' 4" (4.72m x 3.45m)  

KITCHEN 7' 5" x 14' 1" (2.26m x 4.29m)  

BEDROOM ONE 11' 2" x 6' 11" (3.4m x 2.11m)  

BEDROOM TWO 11' 2" x 6' 11" (3.4m x 2.11m)  

BATHROOM  
Agent Details
Phillips & Still
112 Western Road, BN1 2AB
Show Contact Number
01273 771 111

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.
4.3

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:
£9900
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

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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
2 Bedroom properties in “BN3” are mostly listed between £1,050 - £1,315. 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