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See how verdicts work1-bedroom flat · BN41 2WB
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £190,000 - £200,000 *** Well positioned in popular residential Mile Oak, Portslade; a spacious ONE BEDROOM SECOND FLOOR APARTMENT with COMMUNAL GARDENS and sold with NO ONWARD CHAIN.
Situated in a popular residential area of Portslade, this good-sized second floor flat is well presented in a neutral fashion.
The property boasts a classic layout with all rooms accessible from the entrance hallway.
There is a bright lounge, a separate kitchen and adjoining utility room, one double bedroom with handy fitted wardrobes and a contemporary bathroom suite with a shower over the bath.
The apartment has a good amount of built-in storage throughout. Outside, there are nicely tended communal gardens.
Only moments from the green open spaces of the South Downs, Wickhurst Rise benefits from easy access to the A27 making this home ideally situated for families, shoppers and commuters.
Mile Oak Road, Graham Avenue and Valley Road offer a variety of local shops, while in central Portslade, Boundary Road provides a wide selection of high street and independent stores, bars and cafes.
At the nearby Holmbush Centre, Tesco, Next and Marks & Spencer have larger superstore facilities.
Portslade mainline station with its convenient commuter links is approximately a mile and a half away, while closer to home Fishersgate train station offers additional local services.
Regular bus services run into the centres of Portslade, Brighton and Hove.
Local schools include Mile Oak Primary School, Portslade Aldridge Community Academy, King's School Hove, Peter Gladwin Primary School and Downs Park School.
Wickhurst Rise is not located in a controlled on street parking zone. The council tax band is A, which is currently charged at £1,558.71 for 2024/25.
EPC rating - D Council Tax - A 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 - not in controlled parking zone TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease - 113 years Ground Rent - £10 pa Service Charge - £930.27 pa This is information has been provided by the seller.
Please obtain verification via your legal representative.
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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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 Wickhurst Rise, Portslade, BN41
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