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See how verdicts work1-bedroom flat · BN1 6WT
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £220,000 - £240,000 *** Nestled away in a private, leafy cul-de-sac location moments from Preston Park train station; A purpose built modern GROUND FLOOR APARTMENT with ONE DOUBLE BEDROOM and ALLOCATED PARKING.
Sold with NO ONWARD CHAIN.
***Naturally we would be delighted to speak to you by phone, however, should you prefer to book a viewing online, directly into our diary, you can do so 24/7 by requesting a viewing through any of the property websites*** Beautifully presented, this rarely available well-maintained apartment is set on the ground floor of a highly sought-after development.
Secure entry accessed by a phone system, this quiet, bright apartment offers a generous living area with plenty of room for dining, a recently renovated separate kitchen, a generously sized bedroom and a modern bathroom.
The property also has the benefit of an allocated parking space.
Preston Park railway station is less than a five-minute walk away and offers a healthy volume of services into the capital and further afield.
Brighton Station is also only a four-minute train ride away and regular bus services travel into the centre of both Brighton and Hove, down to the seafront, as well as up to the South Downs.
Situated in a prime location, the property also offers easy access to major transport links, including the A23 and A27 for commuters and fast travel to Gatwick airport.
A short walk from the lovely green gardens of Preston Park; the historic velodrome, tennis courts and rockery offer something for everyone.
Vast green fields pose the perfect spot for Saturday afternoon picnicking and Withdean Sports Complex provides a gym, exercise classes, squash courts and more for those who love to be active.
Travelling a few minutes further along Preston Road there’s a wealth of independent shops, cafes and bars as well as supermarkets.
Whilst the amenities on London Road and Brighton town centre are easily accessible. Tivoli is in a controlled parking zone. The council tax band is C, which is charged at £2,182.92 for 2025/26.
EPC rating - D Council Tax – C 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.
Parking – Allocated parking.
TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease – 88 years Service Charge – Approx: £1,662 per annum Ground Rent – £146 per annum This information has been provided by the seller.
Please obtain verification via your legal representative. EPC Rating: 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Tower Gate, Preston, BN1
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