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See how verdicts work2-bedroom flat · BN2 0EP
Listing removedReduced £25k (−7.1%) on 15 SepListed 145 days
Opportunity summary
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About
Set within a handsome cream Victorian villa on one of the neighbourhood's most characterful streets, this two-bedroom raised ground floor apartment offers a combination of features rarely found together: A lovely private garden, valuable loft storage and the benefit of a new 999-year lease on completion.
With original features, well-proportioned rooms and the warm, established feel of a home that has been carefully maintained, it is an appealing find in a popular part of the city.
The building itself is a pleasure to come home to.
Ornate corbels, a generous bay window stack and an arched teal front door give it real presence, while the raised ground floor position adds both privacy and a pleasing sense of separation from the street.
Inside, the long, split level hallway gives an indication of the substantial amount of space on offer, and there's a deep cupboard for coats with further storage behind it.
Ahead, sunshine and sea views pour into the living room through the huge south facing bay at the front of the house thanks to a small cul de sac opposite.
With generous, lofty proportions, there is plenty of space to relax or entertain, and a period fireplace adds character. The traditional kitchen has ivory units and marbled work surfaces.
Tucked away in its own space, it's sociable but doesn't intrude into the main living and dining areas.
The gas hob and electric oven sit beneath an extractor, there's space for an under counter fridge, and a blue and white tiled border adds a touch of charm.
Central to the apartment, the modern bathroom is smartly presented throughout. There's a shower attachment above the bath, and the towel rail is thoughtfully positioned above the radiator.
The first of the quiet bedrooms is a generous single and could equally serve as a dressing room, guest room or private study.
From here, access is provided to a substantial loft space, a feature rarely found in a ground floor apartment.
With approximately one metre of head height and extending above both the second bedroom and bathroom, it offers excellent storage and useful additional space.
Next door, the principal bedroom has a wall of glass which slides open directly onto the garden, creating a wonderfully open and tranquil atmosphere.
Outside, a path leads to the side gate, ideal for bicycles. The main garden is raised to catch the sun, with a rock garden to one side.
At the rear, a paved terrace for al fresco dining is surrounded by raised beds ready for herbs and seasonal planting, while a mature tree provides welcome shade and an ideal spot for a hammock.
Further enhancing the property's appeal, the lease will be extended to 999 years on completion, allowing the purchaser to enjoy the benefits of a long lease from day one without the cost or inconvenience of arranging an extension themselves.
Tenure Share of Freehold Lease will be extended to 999 years on completion Annual Ground Rent: N/a Ground Rent Increase: N/a Ground Rent Review Period: Annually Annual Service Charge: £1000 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Ideally located in the heart of Kemptown, the property enjoys excellent access to a wide range of local amenities.
Everyday essentials are available at the local shops on Sutherland Road, less than a minute’s walk away, while the popular independent shops, cafés, and restaurants of Kemptown Village can be reached in just 5–8 minutes on foot.
Brighton’s mainline train station is approximately 15 minutes’ walk away or a short 5–7 minute bus journey, providing convenient connections for commuters.
Outdoor spaces are also close at hand, with Queen’s Park just 4–5 minutes’ walk away-home to the much-loved Open Bakery just inside the gates-and Brighton’s seafront within a pleasant 10–12 minute stroll.
The area is particularly well served by highly regarded schools, including St Luke’s Primary School only 3 minutes away on foot, as well as Elm Grove and Queen’s Park primary schools.
Secondary education options include Varndean and Dorothy Stringer schools, while the prestigious Brighton College is less than a 5-minute walk from the property.
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 1, 9, Evelyn Terrace, East Sussex
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