Studio flat · BN1 6EB
Listing removedListed 24 daysModern Method of Auction 20 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £115,000- £130,000. CASH BUYERS ONLY. NO ONWARD CHAIN. IDEAL INVESTMENT/FIRST TIME BUYERS PROPERTY. INTERNAL VIEWINGS AVAILABLE ON REQUEST.
Set within an attractive period building on the popular Rugby Road, this well-presented studio apartment offers approximately 219 sq ft of well-planned accommodation, making it an ideal investment or first-time buyer property.
The apartment is arranged around a bright open-plan kitchen, living and sleeping area, with a practical fitted kitchen and space for both seating and a bed.
The separate bathroom is conveniently positioned off the entrance hallway and includes a shower, WC and wash basin.
The property is presented in good condition throughout, offering a straightforward opportunity for the next owner without the need for significant immediate works.
Its position on Rugby Road also places it within easy reach of a range of local amenities and excellent transport links.
Offered with no onward chain and available to cash buyers only, this is a particularly appealing option for an investor or buyer looking for a manageable, low-maintenance property.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
TENURE Leasehold 99 Years from 20/12/2013 Unexpired Years: 86 Years Remaining Annual Ground Rent: Ask Agent Ground Rent Increase: Ask Agent Ground Rent Review Period: Ask Agent Annual Service Charge: Ask Agent These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
ADDITIONAL INFORMATION Materials used in construction: Ask Agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Situated on Rugby Road, in the popular Preston Park area of Brighton, this location offers a lovely balance of residential tranquillity and everyday convenience.
Preston Park and Fiveways are both within easy reach, with a good selection of independent cafés, shops, pubs and local amenities, while Preston Park itself provides extensive green space, sports facilities and regular community events.
Preston Park railway station is around a 6–7 minute drive or 25–30 minute walk away, providing direct links towards London and Gatwick.
The A23 and A27 are also easily accessible by car, while central Brighton, its seafront, restaurants and cultural attractions are readily reached by bus, bike or taxi.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Rugby Road, Brighton, East Sussex, BN1
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