Semi-detached house · BN1 5PS
For saleListed 11 daysAuction 26 Nov · in 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Auction on the 26th of November 2026 Guide Price £450,000+ A substantial freehold investment opportunity occupying a highly sought-after residential location and offering considerable scope for improvement, rental growth and potential break-up value.
The property comprises eight flats, three of which have been sold off on long leases, two are currently let on ASTs, and three are vacant.
Also included within the sale are two garages, providing an additional income stream or if preferred, sold off separately.
Situated within this highly popular residential location, the property provides easy access to Brighton City Centre and all it has to offer.
Excellent transport links are close by, with regular bus services and Preston Park mainline railway station within easy reach, together with a wide range of local amenities and facilities.
Flats Sold Off Flat 1 – One bedroom: 152 years remaining Flat 2 – Studio: 152 years remaining Flat 7 – Studio: 62 years remaining (lease extension currently progressing outside of the sale) Flats Currently Let Flat 3 – Studio: £535 pcm Flat 4 – One bedroom: £850 pcm, paid £5,100 paid every six months Please note that both flats are considered to be significantly under-let, providing excellent potential for a meaningful increase in rental income.
Vacant Flats Flat 5 - Studio Flat 6 - One Bedroom Flat 8 - Studio Garages Garage 6 - Vacant Garage 8 - Let at £250 Per Quarter This represents an exciting opportunity to acquire a substantial freehold investment at a very attractive guide price, with existing rental income, three vacant flats, two garages and significant potential to add value through refurbishment and rental growth.
The property's configuration may also lend itself to a potential break-up strategy. Please note fees are payable in respect of the sale of this property, please refer to Auctioneer for details.
Please be aware that we are relying on the information provided by our client, please refer to the
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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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
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