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See how verdicts work3-bedroom flat · BN2 1QJ
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £500,000 - £550,000 - Offers considered from £525,000.
Forming part of the magnificent New Steine Mansions - formerly the New Steine Hotel and established on this historic site by 1864 , this exceptional three-bedroom top-floor apartment offers a rare opportunity to acquire a substantial home in the heart of Brighton’s vibrant Kemptown , directly opposite the beautifully maintained New Steine Gardens (Georgian, circa 1806).
With close to 1000 sq ft of meticulously presented accommodation, the apartment blends period elegance with modern comfort, all enhanced by far-reaching views towards the sea A passenger lift provides convenient access to the top floor, adding everyday ease to a building rich in character.
Step inside and you’re immediately welcomed by a sense of heritage and quality, with original features that set the tone - most notably the striking ornate tiled flooring , a beautiful reminder of the building’s grand past.
At the heart of the home sits the impressive double-aspect living/dining room Flooded with natural light throughout the day, this generous reception space enjoys an enviable outlook across New Steine Gardens and onwards to the coastline, creating a truly special backdrop for both relaxed evenings and entertaining.
The proportions allow for distinct lounging and dining zones, making the room as practical as it is impressive.
The modern fitted kitchen is designed for functionality and style, offering a comprehensive range of contemporary units and integrated appliances - ideal whether you’re cooking for one or hosting friends.
The apartment’s three well-proportioned bedrooms provide flexible accommodation to suit a range of needs, from family living to guest rooms or a dedicated home office, each enjoying excellent natural light and a calm, private feel.
Completing the internal layout is a sleek modern shower room , finished to a high standard with contemporary fittings, while gas central heating ensures comfort year-round.
Beyond the apartment itself, the building has benefited from ongoing investment and improvement works, including: West light well repairs (2022) , west elevation works (2023) , a fully renovated lift with new controller and touch panels (2023) , and south elevation works (2024) Further planned works include east elevation repairs in early 2026 (funding already collected) , east light well works in the second half of 2026 , and communal interior redecoration in 2027 Modern connectivity is well catered for too, with fibre broadband installed in 2025 (speeds of 1Gb+ available), plus a communal aerial system supporting Sky/SkyQ (and ideal for streaming services).
Perfectly positioned for Kemptown’s eclectic mix of independent shops, cafés, restaurants and bars - while also being moments from the seafront and within easy reach of Brighton city centre.
This is a standout home offering space, character, convenience and a truly iconic outlook.
Council Tax Band: B Maintenance Charge: £2,300 per annum (payable six-monthly; includes water ) Tenure: Share of freehold with approx. 985 years remaining on the lease EPC Rating: D
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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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.
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FAQ
About 16 New Steine Mansions Devonshire Place, Brighton
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