Studio flat · BN1 6DF
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most attractive and well presented first floor studio flat enjoying a bright south facing aspect and forming part of this imposing semi detached Victorian Villa.
Situated in this wide tree lined road in this popular residential area forming part of the Preston Park Conservation Area, and positioned between the lively areas of Fiveways with its local independent shops, cafe and bars, and the Preston Circus/London Road shopping thoroughfare.
London Road station is within a 'stones throw' and Brighton mainline station is within easy walking distance.
The flat is has a bright, airy studio room with high ceilings and a large bay window with south facing views over the surrounding area, there is a separate modern kitchen, and a shower room and separate wc.
The flat benefits from having a 151 year lease, and security entryphone system.
* * VIEWING HIGHLY RECOMMENDED * * Location This attractive first floor converted studio flat is situated in this highly favoured residential area close to local shopping facilities at Fiveways with its independent shops, cafes and bars, and with the London Road/Preston Circus shopping thoroughfare also close to hand.
London Road station is within a 'stones throw' and Brighton mainline station is within easy walking distance providing a commuter service to Gatwick, London Victoria and London Bridge stations.
The 65 acre Preston Park with its recreational facilities is within a short stroll, with Blakers Park and Hollingbury Park/golf course also close to hand.
The North Laines and Brighton city centre are within easy reach and local bus services are nearby in Ditchling Road and Beaconsfield Road providing easy access to Brighton city centre and seafront.
Preston Park with its recreational facilities is within very short walking distance (approx. 5 mins). Accommodation All measurements are approximate.
Communal Entrance Hall With staircase leading to the first floor landing.
First Floor Landing With flat front door leading to: Entrance Lobby Door leading to: Bedsitting Room 5.14 into bay x 3.70 (16'10" into bay x 12'1") A lovely bright south facing studio room with large sash bay window.
Entryphone system. Electric heater.
Door leading to: Separate Kitchen 2.90 max x 2.00 (9'6" max x 6'6") Fitted with a range of modern shaker style units comprising stainless steel single drainer sink unit with cupboards below.
Working surfaces with space and plumbing for washing machine and space for a fridge. Further working surface with drawer units below. Space for a freestanding cooker. Tiled splashbacks.
fitted wall cupboard. Gas water heater. Sash window to front. Door leading to: Shower Room Part tiled walls. Shower enclosure. Door leading to: Separate WC Fully tiled walls. Low level wc.
Wash hand basin Information EPC INFORMATION Full Energy Performance Certificate available on request APPLIANCES AND SERVICES: The appliances and services mentioned have not been tested therefore we are unable to verify that they are in working order.
The buyer is advised to obtain verification from their solicitor or surveyor. TENURE: We understand from our client that the property is Leasehold with 151 years remaining on the lease.
MANAGEMENT: The x5 flat owners have recently formed a 'Right to Manage Company' on the building and have in the past few weeks just appointed Jonathan Rolls as the new managing agent.
MAINTENANCE: £1,156 per annum GROUND RENT: £150.00 per annum THINKING OF SELLING? For a Free Current Market Appraisal please contact us.
VIEWING: Strictly by appointment only through David & Co 132a Preston Drove, Brighton, BN1 6FJ.
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
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FAQ
About Springfield Road, Brighton, Brighton & Hove
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