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See how verdicts work2-bedroom flat · BN2 7HS
For saleListed 628 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom apartment with sea views, in the highly desirable St Margarets flats, which were built in 1938 in Moderne (Art Deco) style and designed by rwh Jones, who was also responsible for Saltdean Lido.
The building is in excellent decorative order and has smooth render and sweeping curved balconies, characteristics of the period which were designed to be reminiscent of ocean liners.
Inside, this flat is in need of some updating and has the potential to be a stunning home.
A generous living room at the front of the building enjoys sea views and opens onto a balcony which curls around the building to face south-west.
The two bedrooms also have direct sea views and both have built-in wardrobes. The kitchen has space for a freestanding cooker, space for a washing machine, and space for a fridge freezer.
There are plenty of cabinets and a window to the rear. The bathroom has a bath, handbasin and WC with a towel rail as well as a built-in cupboard.
There are cast-iron radiators in the living room and bedrooms. Rottingdean is an historic Sussex village on the coast, three miles to the east of Brighton.
There is a traditional village green with a picturesque duck pond and Kipling Gardens which is now a public park and was once the garden of author Rudyard Kipling’s house.
St Margaret’s Church dates back to the 12th century and there are many more historic buildings in the village.
As well as the appeal of its enviable location between the South Downs and the sea, Rottingdean is a busy community, with plenty of local shops, pubs and cafés.
Brighton Marina is close by with its leisure facilities including a cinema, ten-pin bowling alley, and a health club. There is a large asda supermarket as well as hotels, restaurants and bars.
The Terraces Stage on the seafront offers a programme of music and theatrical events from June through to September
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
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FAQ
About 18 St Margarets, High Street, Brighton
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