2-bedroom house · BN1 8PZ
Listing removedReduced £30k (−13%) on 13 MarListed 803 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £200,000 to £220,000 This well-presented two-bedroom retirement flat for those over 60 is ideally located on the second floor, offering a beautiful westerly view over the communal garden.
The spacious flat features a neutral colour scheme throughout. It includes a lounge with space for a dining table, leading into a modern fitted kitchen with appliances.
Both bedrooms are good-sized double rooms, with both featuring fitted wardrobes and drawers. The bathroom is well equipped with a 'Jacuzzi' bath, rain fall shower above, and a screen.
Additionally, there is plenty of storage space provided by two cupboards located in the hallway.
Other notable features include modern electric heating, double-glazed windows, and emergency pull cords in each room for assistance.
Lilac Court offers a communal lounge, laundry room, and a well-tended garden for residents to enjoy at their leisure. Viewing is highly recommended.
Security Entrance System - Stairs And Lift Rising To All Floors - Entrance - Entrance Hallway - Lounge/Dining Room - 6.68m x 3.28m (21'11 x 10'9) - Kitchen - 2.59m x 2.29m (8'6 x 7'6) - Bedroom - 5.38m x 2.79m (17'8 x 9'2) - Bedroom - 5.38m x 2.79m (17'8 x 9'2) - Bathroom - Communal Lounge - Laundry Room - Outside - Communal Gardens - Communal Parking - Property Information - Council Tax Band D: £2,338.06 2024/2025 101 years remaining on lease Ground Rent - £844.44 p/a Service Charge - £5,925.10 p/a Utilities: Mains Electric.
Mains water and sewerage Parking: Private off road parking Broadband: Standard 18Mbps, Superfast 80 Mbps available Mobile: Good coverage (OFCOM checker)
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 London Road, Patcham, Brighton
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