1-bedroom flat · BN2 1TN
For saleReduced £15k (−6%) on 22 SepListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just off the seafront in Kemp Town, in a tall Victorian townhouse, sits this newly renovated and modern, one-bedroom patio flat.
You cannot beat the location as it is in the heart of vibrant Kemp Town with its wonderful mix of people and places to eat and drink, and Brighton Station and transport links are an easy walk away, making it a perfect first home or investment.
There is space to relax and dine within the living room which also has French door leading out to the patio which becomes a welcome extension of the room during summer, and the galley style kitchen is also easily accessible.
This has sleek white units fitted with an oven, gas hob, washing machine and fridge, and the contemporary shower room is through a door at the far end.
The bedroom faces east at the front of the building, but it is very private from the road, and with two built in wardrobes, the floor space is maximised.
You cannot beat the location as it is in the heart of vibrant Kemp Town with its wonderful mix of people and places to eat and drink, and Brighton Station and transport links are an easy walk away.
Leasehold Unexpired Years: 151 Annual Ground Rent: Tbc Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £2102 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
This property is in a conservation area.
Additional information Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. This impressive flat is beautifully situated in a popular area with lots of local shops and the beach on your doorstep.
The city centre shopping districts and parks are also within easy reach, and this home also offers easy access to Brighton Station, and the A23 which have direct and fast links to the airports and London.
Perfectly positioned for convenience, the property is just a one-minute walk from local shops and the seafront, around seven minutes from Queen’s Park, and approximately a 10-minute walk from Brighton city centre.
Brighton Station is also within easy reach, around a 15-minute walk away.
The area is well served by highly regarded schools, including Middle Street Primary and Queen’s Park Primary, with Varndean, Dorothy Stringer, Cardinal Newman and Brighton College all nearby.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Basement Flat, 3, Madeira Place, East Sussex
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