2-bedroom house · BN2 9NT
Listing removedReduced £25k (−6.7%) on 25 JunListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Guide price £375,000 - £400,000. A well-presented two bedroom home featuring modern fitted kitchen, private rear patio garden, double glazing and gas central heating throughout.
Conveniently located close to local amenities and transport links. Offered to the market with no onward chain. Ground floor: Hallway: Varnished wooden floorboards, radiator.
Living room: Wooden UPVC double glazed sash windows, varnished wooden floorboards, recessed spotlighting, radiator, thermostat, under-stair storage cupboard, additional storage cupboard housing meters and consumer unit, UPVC double glazed door to rear garden.
Kitchen: Inset four-ring gas hob with electric oven under and cooker hood over, wooden topped base units with matching eye level wall cupboards, integrated dishwasher, inset ceramic sink with mixer tap, space and plumbing for washing machine, space for fridge/freezer, tiled flooring, recessed spotlighting, and UPVC double glazed window.
First floor: Landing: Hatch and drop down ladder to part-boarded loft housing 'Vaillant' gas fired combination boiler.
Bedroom one: Painted wooden floorboards, radiator, and double glazed windows overlooking the garden. Bedroom two: Wooden floorboards, UPVC double glazed sash windows, radiator.
Bathroom: Tiled flooring, vanity unit with mixer tap, LED mirror cabinet, panelled bath with thermostatic rainfall shower attachment, WC, extractor fan, UPVC double glazed window, chrome towel radiator.
Garden: Rear patio garden with flower bed, outside lighting, space for bike storage. Viewing By appointment with Hanover Homes telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Council Tax Band: B (Brighton & Hove City Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 5 Newark Place, Brighton
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