2-bedroom flat · BN2 8EZ
Sold STCReduced £15k (−6%) on 8 AprListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom second floor balcony apartment is situated in a popular development located in the heart of Saltdean with an abundance of amenities close by. There is also allocated parking.
Set on the second floor this light two double bedroom Balcony flat in the highly sought after Westbrook flats on Lustrells Vale/Saltdean Vale and is certainly a property that you could turn the key and move straight a way.
You also have the added bonus of having an allocated parking space with the property and is just moments away from a vast selection of shops, schools, park and of course The Lido.
This is certainly a property not be missed. The seller advises that a new 99 year lease will be provided to any buyer. Lustrells Vale is located in a popular residential area in West Saltdean.
A host of lovely footpaths are within a short distance of the property giving easy access to the stunning South Downs National Park providing wonderful walks and outstanding views of the area.
Local amenities are all within easy reach, on Lustrells Vale itself there is a butchers, Co-op, laundrette, restaurant and buses. Saltdean primary school is located in Chiltington Way.
Saltdean Park has the famous Art deco Lido with swimming pool, and offers a variety of leisure activities.
Bus routes are found on Saltdean Vale, Lustrells Vale and Longridge Avenue and also on Marine Drive, providing easy access in Brightons city centre.
Brighton-s Mainline Railway Station is approximately 5 miles away.
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 Lustrells Vale, Saltdean, East Sussex, BN2
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