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See how verdicts work1-bedroom flat · BN2 8LZ
Listing removedReduced £10k (−5%) on 21 JunListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £200,000 - £225,000 A beautifully presented one bedroom ground floor apartment set within a highly sought after Art Deco block in Saltdean, offering a rare opportunity to acquire a characterful home in an exceptional coastal location.
The accommodation is well arranged and comprises an entrance hallway with original wood flooring, leading through to a bright double-aspect living room that enjoys an indirect sea view, retains original wood flooring and features an attractive fireplace that enhances the period charm of the property.
The kitchen is modern and well fitted, providing ample storage and work surface space, part panelled walls, space and plumbing for appliances, and a wall mounted boiler.
The double bedroom is of a good size and benefits from carpeted flooring, while the family bathroom is fitted with a white suite, tiled floor and walls, and an over-bath shower.
Further benefits include full double glazing, gas central heating, no onward chain, and a share of the freehold.
The apartment is ideally positioned just a short walk from the beach, approximately 100 yards from Saltdean Lido, close to the amenities in Longridge Avenue, with a bus stop conveniently located outside the block.
Dating back to the 1930s, the building has recently undergone extensive renovation including new rendering, new windows and redecoration of the internal communal areas, all of which complement the historic character of the development.
Viewing is strictly by appointment through the vendors’ sole agents, and the property represents a truly delightful coastal home in a prime and well connected location.
Value & comps
No previous sales on record.
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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 starting price
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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 2, Teynham House,, Marine Drive, Brighton
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