1-bedroom flat · BN1 6LD
Sold STCListed 218 days
Opportunity summary
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About
* * ASKING PRICE £225,000 * * A most attractive 1 bedroom ground floor converted flat forming part of this 3 storey bay fronted Victorian terraced house, situated in this highly favoured residential area close to Preston Park.
The flat offers bright and spacious accommodation comprising: entrance hall, good size south facing lounge, double bedroom with fitted wardrobe cupboards, modern kitchen, and large shower room (previously a bathroom).
The flat also further benefits from gas fired central heating, double glazed windows and is being sold with an extended 947 year lease and a Share of The Freehold Title.
* * VIEWING RECOMMENDED * * NO ONWARD CHAIN * * Location Situated in this highly favoured residential area close to local shopping facilities in Preston Drove, Preston Village and with the popular Fiveways close to hand with its local independent shops, cafes and bars.
The favoured Balfour, Dorothy Stringer and Varndean schools are nearby, and both Blakers Park and Preston Park are within easy reach providing their recreational facilities.
Preston Park mainline station is within a 10 minute stroll providing a commuter service to Gatwick and London, and local bus services are available in Preston Road and Beaconsfield Villas providing easy access to Brighton city centre and seafront.
Accommodation All measurements are approximate. Ground Floor Communal Entrance Hall With flat front door leading to: Entrance Hall Radiator.
Lounge 4.97 into bay x 3.90 (16'3" into bay x 12'9") A spacious lounge enjoying a bright south facing aspect. Original decorative ceiling covings and centre rose.
Fitted book shelving into chimney breast recess. Radiator. Large double glazed bay window to front.
Double Bedroom 3.66 x 3.30 (12'0" x 10'9") A good size double bedroom with a range of built in wardrobe cupboards with hanging and storage space. Radiator. Double glazed window to rear.
Inner Hallway Large storage cupboard with meters. Shower Room/WC A spacious shower room (previously a bathroom) with a large glass shower enclosure with thermostatic shower. Part tiled walls.
Wash hand basin. Low level wc. Double glazed window to side.
Kitchen 3.00 x 2.35 (9'10" x 7'8") Fitted with a range of modern units comprising single drainer sink unit with mixer tap inset in working surfaces with cupboards and drawer units below.
Space for cooker and fridge/freezer. Working surface with space and plumbing for washing machine below. Tiled splashbacks. Wall mounted 'Vaillant' gas central heating boiler. Spot lights.
Double glazed window to rear.
Information EPC INFORMATION Full Energy Performance Certificate available on request APPLIANCES AND SERVICES: The appliances and services mentioned have not been tested therefore we are unable to verify that they are in working order.
The buyer is advised to obtain verification from their solicitor or surveyor.
TENURE: We understand from our client that the property is Leasehold with a 947 year lease and is being sold with a Share of The Freehold Title.
MAINTENANCE: Maintenance is carried out on an ad-hoc basis. GROUND RENT: £0 THINKING OF SELLING? For a Free Current Market Appraisal please contact us.
VIEWING: Strictly by appointment only through David & Co 132a Preston Drove, Brighton, East Sussex, BN1 6FJ. Tel: .
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
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FAQ
About Preston Drove, Brighton - BN1
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