Property · BN2 0EJ
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in the ever-popular BN2 district, this rare freehold garage on Rochester Street presents a superb opportunity for both owner-occupiers and investors alike.
Currently arranged as a traditional single garage, the property benefits from full planning permission (Ref: BH2016/06175) for a change of use from garage (Sui Generis) to an artist studio/craft workshop (Use Class B1).
The approved scheme includes associated alterations such as changes to the front fenestration and the installation of a rooflight, designed to introduce natural light and create a functional, creative workspace.
The B1 consent allows for use as an artist’s studio or craft workshop, meaning the space can be lawfully operated as a small business or creative workspace without the need for a fresh planning application.
This significantly enhances flexibility and long-term value. Garages in central Brighton are always in strong demand, whether for secure storage, parking, or investment.
The addition of planning consent elevates this beyond a simple storage unit and offers genuine development potential.
Rochester Street sits between Hanover and Elm Grove, within easy reach of the city centre, Brighton Station and the seafront.
It is an incredibly convenient position for anyone needing additional space in a central location. Why You’ll Like It Freehold garages are scarce in BN2.
Garages with approved studio conversion planning are even rarer.
Whether retained as secure parking, converted into a creative workspace, or held as a long-term asset, this is a versatile and forward-thinking purchase.
Agent’s Thoughts A smart acquisition in a tightly held location. The approved planning permission under BH2016/06175 adds genuine depth to the opportunity and gives the next owner immediate options.
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
FAQ
About Garage, 1, Rochester Street, East Sussex
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