3-bedroom house · BN41 2WP
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three Bedroom Detached Corner Property | Garage & Parking | Rear Garden | Renovation & Extension Potential | No Onward Chain Cox & Co are delighted to offer for sale this detached three-bedroom bungalow, ideally positioned within a quiet and secluded close in the popular Mile Oak district of Portslade, close to the edge of the South Downs National Park.
The property benefits from a new boiler and radiators being installed in 2023. Loft Insulation and draught proofing carried out in 2008. The house was rewired in 2012.
The rear flat roof was renewed in 2024. The garage roof renewed in 2022 as well as a new electric garage door.
The property is offered vacant, with no onward chain, and now requires modernising throughout.
While it requires a comprehensive programme of works, the bungalow offers an exciting opportunity for buyers looking to create a home tailored to their own requirements.
Occupying a corner position within the close, the property benefits from excellent potential for improvement and possible extension, subject to the necessary planning consents and building regulations.
Externally, there is a rear garden, together with a garage and forecourt providing additional off-road parking.
Mile Oak is well served by local amenities, with a Co-op and further shops along Graham Avenue and Mile Oak Road.
Regular bus services also provide convenient links into Brighton city centre and surrounding areas. This is an excellent opportunity with considerable potential in a popular residential location.
Early viewing is highly recommended. To arrange your appointment, please contact Cox & Co.
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 11, Avery Close, Brighton
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