3-bedroom flat · BN2 1QJ
For saleReduced £25k (−5.3%) on 21 JunListed 290 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price guide:£475,000-£500,000 A characterful, spacious three double bedroom apartment spanning an impressive 991 square feet, situated on the third floor of this Grade ll listed building in fashionable Kemp Town.
This unique apartment has been recently refurbished to create a most stylish and spacious apartment with many attractive original features.
The property comprises: Communal entrance hall with stairs or lift access, entrance hall with beautiful tessellated tiled floor, reception room filled with natural light that boasts a partial sea view across New Steine, kitchen with modern fitted units, luxury bathroom and three double bedrooms, one of which has the added benefit of a luxury en suite shower room and fitted wardrobes, giving plenty of storage space.
A large and stylish apartment that will suit both young professionals, second home buyers and investors located right in the heart of fashionable Kemp town and close to the beach.The excellent coffee shops, restaurants, pubs and shops of St James Street and Soho Beach House are right at hand.
Also the famous Lanes, Theatres and shopping of Brighton Centre are also with easy walking distance as are the lush green spaces of Queens Park and the train station providing access to London and surrounding areas.
The property is also well served by local buses. Additionally, the flat benefits from a share of freehold, offering a sense of ownership and stability.
With its prime location in Brighton, residents can enjoy easy access to local amenities, vibrant culture, and the stunning coastline.
Immediate viewing is most highly recommended as this is a special property. Share of Freehold Lease: 986 years per annum EPC Rating: C Council Tax Band: B
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 12A New Steine Mansions, Devonshire Place, Brighton
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