2-bedroom flat · BN41 1AR
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This super ground floor garden flat is offered in good order and has some unique additions.
Two double bedrooms, 24 ft x 20 ft open plan living space with defined areas, including a modern fitted kitchen with appliances, small study, re fitted contemporary shower room, triple glazing, own garden on two sides of the property, reserved parking, long lease Communal entrance via a security entryphone system, front door to Entrance Hall Coats hanging area, utility cupboard with space and plumbing for washing machine, space for tumble dryer, shelving and easy access via double doors, digital central heating thermostat, inset down lighters, tiled floor, doors to Open Plan Living Space (7.52m x 6.17m (24'8 x 20'3)) Open plan with defined areas Lounge Area Radiator, tiled floor, triple glazed window Dining Area Ample space for a table, double glazed windows and a triple glazed door to the garden Kitchen Area Fitted with matching white gloss and black matt units and comprising of a 1 1/2 bowl inset sink unit, adjacent working surfaces, base and eye level units, inset four ring gas hob, fitted extractor hob over, built in electric double oven and grill, cupboard housing a gas fired combination boiler, tiled floor Study Providing workspace and storage Bedroom One (3.84m x 3.18m (12'7 x 10'5)) Radiator, wardrobe, tiled floor, triple glazed window Bedroom Two (3.81m x 3.02m (12'6 x 9'11)) Radiator, tiled floor, triple glazed window Shower Room A contemporary suite comprising of a large walk in shower unit with a drying area, wash hand basin set in a vanity unit with drawers under, wc with concealed cistern, ladder style heated towel rail, part tiled walls, tiled floor, electric extractor fan Private Garden On two sides of the property, paved patio on each side, garden shed with adjacent covered area, flower and shrub beds laid with stones Reserved Parking Space Communal Grounds Including a bike store The Location Well located within one mile of both Portslade and Southwick town centres and within just a few minutes’ drive of both the A27 and the Old Shoreham Road.
Local buses provide regular services to Southwick and Portslade Town centres and mainline railway stations, Hove and Brighton.
The Holmbush Centre and Sainsbury's West Hove store are also both within a few minutes drive Lease 120 years from 2010 Ground Rent £250 p.a. Maintenance apprx. £140 p.c.m
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 Flat 1, Kingston House 56A, Gardner Road, Portslade
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