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See how verdicts work1-bedroom flat · BN1 8PZ
For saleReduced £20k (−10.5%) on 21 JunListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoy retirement living in this spacious second-floor flat with a balcony overlooking Withdean Park.
The property resembles an upscale hotel suite, featuring a neutrally decorated interior, a modern fitted kitchen, and a luxurious bathroom with an oversized shower.
The larger-than-average lounge/dining room offers ample space for sofas as well as a dining table and chairs. It also boasts an easterly-facing balcony with direct views of Withdean Park.
The modern kitchen is equipped with white high-gloss fitted units and some stainless steel integrated appliances.
The master bedroom also has direct views of Withdean Park and includes built-in wardrobes and cupboards. The bathroom features a contemporary suite, making this flat ready for immediate occupancy.
If desired, it may be possible to purchase the flat with its contents.
Additional features include resident parking, a communal lounge for socialising, well-kept gardens, a laundry facility, and a general manager.
This property is exclusive to Spencer & Leigh, and viewing is highly recommended.
Security Entrance System Stairs And Lift Rising To All Floors Entrance Entrance Hallway Sitting Room (5.92m x 4.80m (19'5 x 15'9)) Kitchen (2.54m x 2.31m (8'4 x 7'7)) Bedroom (4.78m x 2.79m (15'8 x 9'2)) Shower Room/Wc Outside Balcony Communal Lounge Communal Gardens Communal Parking Laundry Room Property Information 100 years remaining on the lease Service Charge - £4,000 p/a Ground Rent - £720 p/a Council Tax Band C: £2,182.92 2025/2026 Utilities: Mains Electric.
Mains water and sewerage Parking: Communal parking and un-restricted on street parking Broadband: Standard 18 Mbps, Superfast 80 Mbps available (ofcom checker) Mobile: Good coverage (ofcom checker)
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.
Area
Agent & docs
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FAQ
About 12 Lilac Court, London Road, Brighton
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