2-bedroom house · BN1 8PZ
Listing removedReduced £30k (−13%) on 6 FebListed 352 days
Opportunity summary
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About
*** GUIDE PRICE £200,000 - £220,000 *** Well positioned on London Road, directly opposite Withdean Park, a bright TWO BEDROOM SECOND FLOOR (LIFT ACCESS) RETIREMENT APARTMENT, with lovely COMMUNAL GARDENS and LOUNGE.
Set on the second floor of a prestigious warden-assisted building opposite Withdean Park, the spacious property offers comfortable and well-designed living throughout.
The good-sized lounge enjoys plenty of natural light, creating a welcoming living space, while the separate kitchen features modern white units that make excellent use of the available storage.
Both double bedrooms are generously sized and benefit from built-in wardrobes, while the fully tiled bathroom includes a contemporary white suite with a shower bath.
The property has the added benefit of two large storage cupboards in the hallway. For added reassurance, the apartment is equipped with emergency pull cords.
Residents can also enjoy the beautifully maintained communal gardens, providing a pleasant outdoor space.
Lilac Court is an exclusive retirement development of 44 apartments for the over 60s, built in 2000.
Perfectly positioned on London Road, directly opposite Withdean Park, famed for its stunning collection of lilacs, the development offers a real sense of community.
Residents have access to a bright communal lounge and kitchen, as well as practical amenities including a passenger lift to all floors, communal parking (on a first-come, first-served basis), and a guest suite for visiting family and friends.
Regular bus services on London Road travel into the centre of both Brighton and Hove, the seafront, as well as out of town to the South Downs.
Closer to home, nearby Patcham Village and Preston Drove offer a good selection of shops, cafes and restaurants.
EPC rating - C Council Tax – D Parking – communal parking (on a first-come, first-served basis). Parking on the road immeditaly outside the block is restricted to 2 hours at certain times.
Broadband & Mobile Phone Coverage – Prospective buyers should check the Ofcom Checker website Planning Permissions – Please check the local authority website for any planning permissions that may affect this property or properties close by.
TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease - 100 years Service Charge - £6,153.84 Ground Rent - £844.44 This information has been provided by the seller.
Please obtain verification via your legal representative. EPC Rating: C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 London Road, Patcham, BN1
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