3-bedroom bungalow · BN2 8RG
For saleReduced £45k (−15%) on 18 OctListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a plot of land measuring approximately 15m x 31m or 0.10 Acres.
Currently there is a pre war three bedroom dilapidated detached bungalow occupying the site which is in need of full modenisation.
Planning was previously conscented for the demolition of existing bungalow and erection of replacement chalet bungalow. Featuring Three Bedrooms Two Bathrooms and a Garage.
Nestled between Bevendean Avenue and Bannings Vale, Northwood Avenue is an unadopted residential road in Saltdean serving about 33 properties.
Offered for sale for vacant possession and no onward purchase.
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 72, Northwood Avenue, Saltdean, Rottingdean
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