19 Granville Road, Hove, BN3 1TG

UPRN:22053554Converted Flat2 bedsBuilt 1900-1929

LeaseholdCouncil Tax: Band BEPC: C (71)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021Council Tax· 5mo ago

Valuation estimateUpdated 2 days ago

£530,000

Estimated value

Range: £503k - £556k|Last sold: £60k (1998-11-27)

Estimate of £530k for this converted flat. 926 sales in BN3 in the last 12 months; median £430k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£530k

£503k - £556k - High confidence

Annualised (CAGR)

+5.97%

Over the full window

Peak estimate

£597k

Aug 2023

From peak

-11.22%

Drawdown from peak

AVM estimate (model)Repeat-sales index - BN3 district (quarterly)index YoY -3.46%

Growth by window

-1.85%

+1.34%

12m

-0.56%

24m

+1.73%

60m

+40.96%

Rental Market

Monthly

Estimated rent (pcm)

£2,150

/ month

Gross yield

4.82%

Rent ÷ asking price

Net yield

3.34%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£430k

BN3 sales, last 12 months

12m Price Growth

+10.5%

BN3 median, Land Registry

Days on Market

90d

BN3 average

Sales & Yield

3 metrics

Transactions / 12m

926

BN3 sales

Area Gross Yield

4.87%

BN3 medians

Last Sold

£60k

1998-11-27

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£535,000
SDLT standard£16,750
SDLT BTL surcharge (5%)£26,750
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£580,600

Funding

Deposit (25%)£133,750
Mortgage (75% LTV)£401,250
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£179,350

Monthly Returns

Monthly Rent (estimate)£2,150
Mortgage Payment (IO)-£1,755
Management (10%)-£215
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£80

Capital Returns

5yr Property Value£575,212
5yr Capital Gain (1.46% pa, historical)+£40,212
5yr Cumulative Rent (net, before lease costs)+£114,836
Less mortgage interest-£105,300
5yr Total Return (before lease costs)+£49,748

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£542,811	£141,561	+£960	+£8,771	4.9%
Year 2	£550,736	£149,486	+£2,388	+£18,124	10.1%
Year 3	£558,777	£157,527	+£4,282	+£28,059	15.6%
Year 4	£566,935	£165,685	+£6,665	+£38,600	21.5%
Year 5	£575,212	£173,962	+£9,536	+£49,748	27.7%

Modelled on the live asking price. Capital growth 1.46% a year is the BN3 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£179,350).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,792

Population

Signal

2.1%

Households Deprived

Upside Opportunities

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