2-bedroom flat · BN1 6YL
For saleListed 1 day
Opportunity summary
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About
A most attractive and very well presented 2 bedroom ground floor purpose built flat forming part of this modern block and situated in this popular residential area close to Withdean Park and within easy reach of local shopping facilites in Patcham old village and Preston village.
Preston Park mainline station is within a short stroll providing a commuter service to London and Gatwick, and there are local bus services nearby providing easy access to Brighton city centre and seafront.
The property enjoys a bright south facing aspect with accommodation comprising: entrance hall, good size living room with patio doors leading onto a private rear patio area, modern fitted kitchen with built in oven & hob, 2 double bedrooms and a modern fully tiled bathroom.
The flat also benefits from gas central heating, doubleglazed windows, security entryphone system, use of the on-site residents gym and sauna facilites.
The flat also has the use of a single garage situated at the rear of the block which is currently rented out for £120 per month.
* * VIEWING HIGHLY RECOMMENDED * * NO ONWARD CHAIN * * Location Conveniently situated close to the delightful 38 acre Withdean Park with its famous lilac collection, the flat enjoys easy access to excellent transport links, including the A23 and A27 corridors, which provide direct routes to Gatwick Airport and other destinations.
Those commuting by train will appreciate the proximity to Preston Park mainline station, providing a commuter link to London and Gatwick.
Preston Village is within a short stroll with its local shops, cafes and useful Sainsbury's local.
Local bus services are available in London Road to the city center operates close by, making it an ideal choice for both working professionals and families alike.
Accommodation All measurements are approximate. Ground Floor Entrance Hall Large cloaks/storage cupboard. Entryphone. Radiator.
Living Room 4.21 x 4.08 (13'9" x 13'4") A lovely living room enjoying a bright south facing aspect. Radiator. Large double glazed window to front.
Double glazed sliding patio doors leading onto a private decked patio area.
Modern Kitchen 4.40 x 2.30 (14'5" x 7'6") A fabulous kitchen fitted with a range of modern 'shaker style' units with contrasting worktops with inset stainless steel single drainer sink unit with mixer tap with cupboards below.
Space and plumbing for washing machine. Further range of working surfaces with fitted electric hob and fitted electric oven below with additional range of cupboards and drawer units under.
Tiled splashbacks. Range of matching wall cupboards with stainless steel extractor hood. Cupboard housing 'Ideal' gas central heating boiler. Space for fridge/freezer. Radiator.
Space for breakfast table and chairs. Bedroom 1 3.74 x 2.90 (12'3" x 9'6") Radiator. Double glazed window to rear. Bedroom 2 3.79 x 2.40 (12'5" x 7'10") Radiator. Double glazed window to rear.
Modern Bathroom Contemporary style modern fully tiled bathroom with white suite comprising panelled bath with mixer taps and with fitted shower over with large rain shower head and additional hand shower attachement.
Wash hand basin with mono tap and with cupboards below. Low level wc. Chrome heated towel rail. Fitted mirror. Double glazed window to side.
Outside Front Patio Area Bright south facing private decked patio area to the front of the flat with access from the living room.
Residents Gym & Sauna Facilities Use of the on-site residents communal gym and sauna facilites catering for a healthy lifestyle.
Use of Single Garage The flat has the use of a single garage with an up and over door situated at the rear of the block.
(Note: The garage is currently rented out for £120 per month to another resident in the building).
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 99 years remaining on the lease.
MAINTENANCE: The residents association have just arranged a 'Right to Manage' on the building and have recently appointed a new managing agent to look after and run the building - £3,300 per annum GROUND RENT: £350 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
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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.
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About The Park Apartments, London Road, Preston, Brighton, Brighton & Hove
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