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See how verdicts work2-bedroom flat · BN1 3UG
For saleReduced £50k (−14.3%) on 26 OctListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SPACIOUS 6TH FLOOR FLAT WITH EXTENSIVE PANORAMIC VIEWS AND SOUGHT AFTER GARAGE, BEING SOLD WITH NO ONWARD CHAIN IN AN EXCELLENT WELL CONNECTED LOCATION.
Set back in a well kept complex in a quiet yet convenient position.
Located off Dyke Road in a excellent location with the vibrant Seven Dials nearby offering plenty of amenities including boutique shops, fashionable cafés, bars and restaurants.
Brighton Station is within easy walking distance and Brighton seafront and busy shopping areas are located within 1 mile.
The delightful Dyke Road Park with tennis courts, an open air theatre, playground and café are close by. To the south are St Ann's Well Gardens.
Hove Park and Hove Recreation Ground are also in close proximity. Bus services pass along Old Shoreham Road, Dyke Road and Davigdor Road.
COMMUNAL ENTRANCE HALL A well maintained communal area with lift or staircase to 6th Floor. FRONT DOOR TO FLAT Service cupboard to side.
ENTRANCE HALL Spacious hallway with two ceiling light points, built in cloaks storage cupboard with hanging rail and storage over, further built in airing cupboard housing hot water cylinder and water tank with control panel to side.
Radiator. Video door entry phone system, telephone point.
LOUNGE 17'3 x 15'6 (5.26m x 4.72m) Dual aspect to South and East with double glazed bay window and further single tilt and turn window, both offer exceptional views across town, to sea and to the South Downs.
Coved ceiling and light point, wall light point, radiator with thermostatic valve. Feature fireplace with wooden fire surround, Tv aerial point, telephone point.
KITCHEN 11'3 x 7'5 (3.43m x 2.26m) Southerly aspect with double glazed tilt and turn window offering exceptional views across town.
Range of eye level and base units comprising of cupboards and drawers, corner display shelving, roll edge work surfaces, tiled splash backs, stainless steel one and half bowl sink with mixer tap, space and plumbing for washing machine and dishwasher, built in 4 burner gas hob with oven under and extractor hood over, space for larder style fridge/freezer.
BEDROOM ONE 13'10 x 8'1 to wardrobe front (4.22m x 2.46m to wardrobe front) Easterly aspect with double glazed tilt and turn window offering exceptional views across town and to the South Downs.
Ceiling light point, wall light point, radiator with thermostatic valve. Extensive range of built in wardrobes providing hanging space and shelving with mirror fronted sliding doors.
BEDROOM TWO 13'10 x 8'3 (4.22m x 2.51m) Easterly aspect with double glazed tilt and turn window offering exceptional views across town and to the South Downs.
Ceiling light point, wall light point, radiator.
BATHROOM Internal bathroom with ceiling light point, part tiled walls, wall mounted heated chrome towel rail, pedestal wash hand basin with hot and cold taps, panelled bath with telephone style mixer tap and shower attachment, wall mounted electric 'Aqualisa' shower, shower screen.
SEPARATE W.C Ceiling light point. Low level w.c, wall mounted wash basin with hot and cold taps, tiled splash backs.
OUTSIDE GARAGE 17'4 x 8'4 max (5.28m x 2.54m max) No.31, with up and over door, located to the rear of the block.
COMMUNAL FACILITIES Communal gardens, visitor/resident parking, inhouse caretaker, storage facilities.
STORAGE LOCKER Located in store room at the end of the garage block, to the side of the next block. Locker No.26. OUTGOINGS Lease: 150 yrs from 29.9.1999 - 123 yrs remaining.
Service Charge: £3,799.50pa includes communal heating and water, inhouse caretaker, communal gardens, lift service, annual reserve fund contribution £950.
Ground rent: £25 per annum Garage: Annual service charge is £114.46 and the annual reserve fund charge is £135.14. COUNCIL TAX Band D
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
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FAQ
About Prestonville Court, Dyke Road, Brighton, Brighton & Hove
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