We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · BN41 2LT
For saleReduced £25k (−5.9%) on 19 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £425,000 - £450,000 Well-positioned in Portslade, this three bedroom semi-detached house occupies a corner plot with a sizeable rear garden, off-street parking and a private garage.
Inside, the property offers a well-proportioned double reception room, a separate kitchen, three bedrooms with useful built-in storage and a family bathroom with a white suite.
A conservatory provides additional living space and opens directly onto the garden, with plenty of room for outdoor dining, entertaining and children to play.
The property also features a private driveway and a garage.
Melrose Avenue is ideally placed for enjoying both the coast and countryside, with the South Downs and its miles of walking routes to the north, and the beaches of Hove, Shoreham and Lancing within easy reach to the south.
The property has potential for enlargement by way of an extension, subject to the usual consents.
EPC Rating: D In The Local Area An excellent selection of amenities can be found at nearby Southwick Square and Boundary Road.
Each offers a range of independent shops and restaurants as well as big supermarkets Tesco and the co-op.
For immediate essentials The Old Village or Windmill Parade are home to a Londis, pharmacy and several other amenities.
Melrose Avenue offers easy access to the A270 and A23 for commuters and travel into Brighton and Hove. Regular bus routes run into Brighton and further afield from the Old Shoreham Road.
Fishersgate Train Station is only a short distance and provides direct links to London, Gatwick and provides regular services to Brighton, perfect for those commuting.
Local schools include Brackenbury School, Peter Galdwin Primary and Mile Oak School. Further Information The property has a garage and drive-way.
Currently, the property is in Council Tax band C, which was charged at £2,292.84 for 2026/27.
EPC rating - D Broadband & Mobile Phone Coverage - Prospective buyers should check the Ofcom Checker website.
Planning Permissions - Please check the local authority website for any planning permissions that may affect this property or properties close by. This information has been provided by the seller.
Please obtain verification via your legal representative.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About 29 Melrose Avenue, Brighton
Explore nearby
