2-bedroom flat · BN41 2AQ
Listing removedReduced £35k (−9.1%) on 21 JunListed 481 days
Opportunity summary
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About
This superb nearly new apartment with panoramic views is part of the Old Brewery, a building full of Character, yet with contemporary internal design.
Two double bedrooms, open plan living space, modern bathroom, underfloor heating, stylised heritage windows, gated permit parking, chain free Located on the fifth floor, the property was completed in 2023.
This apartment has particularly high ceilings throughout, giving a feeling of space.
There is engineered oak flooring with underfloor heating throughout, a contemporary fitted kitchen with handleless units and Bosch appliances.
As part of the complex, there is office space and a new gym ( subscription required).
Communal Entrance Via security entryphone, lift and stairs to the fifth floor, front door to Entrance Hall Built in cupboard housing he gas fired boiler, engineered wood flooring, underflooring heating and control, doors to Open Plan Living Space (5.69m x 5.69m (18'8 x 18'8)) Engineered wood flooring, sitting area and space for dining table, underfloor heating and control, dual aspect windows with panoramic views over Portslade and the Sea, and westward views Kitchen Area Fitted with contemporary handleless units and comprising of an inset sink unit, adjacent working surfaces, base and eye level units, bosch infra red hob, fitted extractor hood overand built in electric oven, integrated washing machine, dishwasher and fridge freezer Bedroom One (3.40m x 2.97m (11'2 x 9'9)) Built in wardrobe with shelving and two sliding mirror doors, tv/cable tv points, telephone point, dimmer switch, underflooring heating and control, windows with westward views Bedroom Two (3.40m x 2.24m (11'2 x 7'4)) Fitted wardrobe with shelving, dimmer switch, underflooring heating with control, windows with westward views Bathroom A contemporary white suite comprising of a panelled bath with mixer taps and shower attachment and glass shower screen, wc with concealed cistern, wash hand basin, fitted mirror with inset lights, vanity shelf, ladder style heated towel rail, ceramic tiled floor, inset down lighters, extractor fan Parking Space Gated permit parking with a dedicated entrance The Location In the heart of Portslade Village with local amenities close by and within just a few minutes’ drive of both the A27 and the Old Shoreham Road.
Local buses provide regular services to Portslade Town centre and mainline railway station, Hove and Brighton.
The Holmbush Centre and Sainsbury's West Hove store are also both within a few minutes drive Lease: 999 years from 2023 Service Charge: Jan 24 - jun24 £1,555.89 to 30 Ground Rent:
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.
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FAQ
About Flat 27, The Brewery 1881, 30, South Street, Portslade Village
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