2-bedroom flat · BN1 2EX
Sold STCReduced £25k (−7.1%) on 8 AprListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Opportunities of this nature are rare to find, this spacious apartment (890 Square feet/c83 Square metres) requires complete modernisation, but is stripped and ready for a buyer to remodel to their own taste and specification, so an exciting project to undertake, and of course, chain free.
Located on the 13th floor of this prestigious City Centre block, the views are really something to behold, extending along the coast, out to see and far reaching out of the town towards The Downs.
A balcony also provides valuable outside space.
Accommodation includes two double bedrooms with the main bedroom having its own dressing room and en-suite bathroom which is in addition to the family bathroom.
A seperate kitchen is stripped waiting to be remodelled, and a large dual aspect lounge is a signature room with access to the balcony.
Value & comps
No previous sales on record.
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 asking
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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 Chartwell Court, Russell Square, Brighton
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