2-bedroom detached house · BN41 2LS
Listing removedListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a popular residential location, this beautifully improved and lovingly maintained two double bedroom (formerly three) detached bungalow offers a rare opportunity to secure a spacious and versatile home with no onward chain.
From the moment you step inside, you'll be struck by the bright and airy feel throughout.
The property features a generously sized 23'1 lounge/dining room, perfect for entertaining or relaxing in comfort.
At the heart of the home lies a stunning 21'2 x 18'8 open-plan kitchen, fitted with modern units and seamlessly flowing into a stylish pitched-roof, full width conservatory - flooded with natural light and creating a truly impressive living space with bi-fold doors leading into the garden.
Both bedrooms are comfortable doubles, each benefiting from fitted wardrobes, while the sleek, contemporary shower room has been thoughtfully updated.
Originally designed as a three-bedroom home, the third bedroom could easily be reinstated, offering additional flexibility.
The property is fully double glazed and enjoys the comfort of gas central heating.
Step outside and discover a sunny, secluded west-facing garden, laid mainly to lawn and ideal for alfresco dining or simply soaking up the afternoon sun.
To the rear of the garage, a thoughtfully added outbuilding provides a superb multi-functional space - whether you're dreaming of a home gym, office, studio or teen retreat, this area ticks all the boxes.
There is also direct access to the garage for added convenience.
This delightful home will suit a wide range of buyers - whether you're looking to downsize without compromising on space, or a growing family eager to unlock further potential with a loft conversion (subject to necessary consents), just as others have done in the road.
The property is situated on the border of popular Portslade Village near various amenities including Portslade and Southwick Railway Stations that offer links to Brighton, Hove and London.
Brighton and Hove Buses offer access to surrounding areas of Shoreham, Southwick and Brighton & Hove.
Comprehensive shopping facilities can be found approximately a mile away in either Southwick Square to the West and Boundary Road to the east affording a range of corporate shops, supermarkets and eateries.
The property is also situated within catchments of popular primary and secondary schools.
Value & comps
No previous sales on record.
Returns
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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 Melrose Avenue, Portslade
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