2-bedroom flat · BN41 2RA
Let agreedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No deposit required | allocated parking | currently undergoing renovation Simply Lettings are delighted to offer this two bedroom, first floor flat situated close to Portslade Village.
The property is currently being redecorated throughout and will benefit from new carpets, and is offered unfurnished.
It comprises a bright living room, a modern recessed kitchen with appliances (to be fitted with a new worktop and kitchen tiles), and a modern, part-tiled bathroom suite with a shower over the bath.
There is one double bedroom and a further spacious single bedroom. This practical home also benefits from gas fired central heating, UPVC double glazed windows, and an allocated parking space.
It is well positioned for easy access to Portslade Village, the A23/A27, and local amenities. Available 16/10/2026.
Please note: The photographs in this advert are ai generated, showing how the property will look upon completion. The landlord requires all applicants to provide a UK homeowner guarantor.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 F2, 292, Mile Oak Road, Brighton
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