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See how verdicts workProperty · BN2 1PE
Sold STCListed 340 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-located parking space positioned at the rear of the building, just moments from the seafront.
The space is sold independently from the property and offers straightforward access from the main road.
Suitable for daily or long-term use, it provides a practical solution for residents, commuters or local workers needing reliable coastal parking.
The bay is within walking distance of nearby shops, transport links and amenities. Ideal for those seeking secure, convenient parking in a highly accessible seafront location.
The space is under a lease with 84 years left and the maintenance cost for each space, if any, is 5% of the expenditure retrospectively.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Marine Parade, BN2
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