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See how verdicts work1-bedroom flat · BN1 3JP
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Homelees House is a well-regarded retirement development designed for residents aged 60 and over (partners aged 55), ideally located in the popular Seven Dials area.
The development is conveniently positioned close to a variety of local shops and amenities, with Brighton mainline station, the city centre, and the seafront all within easy reach.
Residents benefit from a range of communal facilities including a welcoming residents' lounge, which hosts regular social events such as coffee mornings and craft sessions.
Additional amenities include a communal laundry room, guest accommodation, an emergency careline alarm service, and on-site management staff.
The building features a secure video-entry system, wheelchair access throughout, and a limited number of off-street parking spaces available for residents and visitors on a first-come, first-served basis.
The apartment is situated on the first floor and enjoys a pleasant south-westerly aspect overlooking the communal gardens. Access is provided via both a passenger lift and stairwell.
The accommodation comprises an entrance hall with a generous storage cupboard, a double bedroom with built-in wardrobes, a bright lounge leading through to the kitchen, and a bathroom with WC.
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 Dyke Road, BN1
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