5-bedroom house · BN2 1RF
SoldListed 454 daysAuction 10 Dec · ended
Opportunity summary
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About
FOR SALE BY AUCTION 10th DECEMBER 2025 A rare opportunity to acquire a substantial freehold building occupying a prominent position on vibrant St James's Street in the heart of Kemptown, Brighton.
Spanning over five floors and exceeding 2,100 sq ft, this versatile mixed-use property comprises a ground floor commercial unit with a large basement, and four residential apartments sold on leases.
Property Overview: Ground Floor & Basement Commercial Unit: Currently let at £22,000 per annum, with a lease in place for the next three years.
The agreement includes a mutual break clause and the option to extend for a further five years, offering flexibility and security for both landlord and tenant.
The commercial space benefits from excellent footfall in this busy central location.
Residential Units: Flat 1 (First Floor): Lease remaining 87 years Ground rent: £40, doubling every 21 years Flat 2 (Second Floor): Lease remaining 87 years Ground rent: £40, doubling every 21 years Flat 3 (Third Floor): Lease remaining 87 years Ground rent: £40, doubling every 21 years Maisonette (Upper Floors): Lease remaining 123 years No ground rent payable Key Features: Prime Kemptown location, moments from Brighton seafront and city centre Freehold title comprising ground floor commercial and four residential units Commercial rent of £22,000 p.a.
with potential for renewal Attractive long leases across residential units with consistent ground rent income Ideal investment with long-term asset management potential This is an exceptional opportunity for investors seeking a secure and well-located freehold asset with immediate income and future growth potential.
For more information or to arrange a viewing, please contact us.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About St. James's Street, Brighton
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