2-bedroom flat · BN2 0AQ
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £240,000 | Self-contained Retirement Apartment | OVER 55’s | Spacious Accommodation | Jack and Jill Bathroom | Stunning Views of Kemptown | Extensive Onsite Amenities | 24-hour Alarm Call System | Lift Access |Guest Accommodation | Catering Service | Communal Roof Terrace | Community Spirit Patching Lodge is a retirement development designed for independent living with added support, making it a comfortable and convenient option for those aged 55 and over.
Residents benefit from amenities such as a communal roof top garden, lounge areas, a hairdressing salon, a cinema and daily restaurant service, whilst being a short stroll away from the seafront and local shops.
Practical amenities include full lift access throughout the building, mobility scooter storage guest accommodation and a 24-hour alarm call system in each apartment.
Q Estate Agents are delighted to bring to the market this two-bedroom self-contained retirement apartment located in the ever-popular Kemptown area of Brighton.
As you enter the property from the fifth floor, a spacious hallway with deep storage cupboard provides access to all rooms in the accommodation.
At the front of the property sits a wonderfully spacious open-plan kitchen living room.
The dual aspect living space has ample room to accommodate a three-piece suite, dining table and chairs, whilst the kitchen area features contemporary wall and base units, integrated oven and hob, with plenty of room for a washing machine and fridge-freezer.
Next door, you have a sizeable principal bedroom offering stunning views across Kemptown and has access to a jack and jill style wet room, complete with shower, wash basin and WC, which can also be accessed from the hallway for added convenience.
Completing the accommodation is a generously sized second bedroom with space for a double bed and benefits from a built-in storage cupboard.
The building is managed by Achor Housing and there is a monthly service charge that covers cleaning of the communal areas and some utilities.
In The Know… Area: Kemptown Council Tax: D EPC Rating: 83B Floor Area: 691 sq.
Ft (approx.) Tenure: Leasehold Lease Length: TBC Maintenance: £528 per month Ground Rent: TBC Station: Brighton 1.2 miles Bus Stop: Park Street 0.1 mile Parking: Resident on street permit parking Local shop: The Boozy Cow 0.2 mile Supermarket: Lidl 1 mile Local Gems: Buzz Bingo, Egg & Spoon, The Kemp *As provided by the vendor.
All details should be checked and confirmed by your conveyancer.
FREE MARKETING WORTH £400 If you instruct Q Estate Agents to sell your home, we will provide a free and comprehensive marketing package worth £400. Call or email .
Disclaimer Floorplan for Illustration Purposes Only – Not To Scale.
This floorplan should be used as a general outline for guidance only and does not constitute in whole or in part an offer or contract.
Any areas, measurements or distances quoted are approximate and should not be used to value the property or be a basis for sale or let.
Q Estate Agents have not tested any appliances or services within the property.
Any intending purchaser or lessee should satisfy themselves by inspection, searches, enquiries and full survey as to the correctness of each statement.
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
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FAQ
About Park Street, Brighton, BN2
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