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See how verdicts work3-bedroom bungalow · BN41 2RP
For saleReduced £25k (−7.1%) on 3 OctListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This extended chalet style semi detached bungalow, offers flexible accommodation & great potential.
Three bedrooms, lounge, kitchen, breakfast room, bathroom, separate wc, west facing garden adjoins fields, garage The property has upvc double glazing and a modern 'Vailant' gas boiler, but would benefit from updating the kitchen and bathroom and some redecoration Covered Porch Frosted upvc double glazed front door to Entrance Hall Laminate flooring, storage/meter cupboard, stairs to the first floor, door to Lounge (4.37m x 3.05m (14'4 x 10')) Radiator, ornamental fire surround with a fitted electric fire, coving, upvc double glazed window Kitchen (3.15m x 2.54m (10'4 x 8'4)) Comprising of a 1 1/2 bowl inset sink unit, adjacent working surfaces with tiled surrounds, base and eye level units, space for cooker and fridge freezer, space and plumbing for washing machine, further built in cupboard, coving, upvc double glazed window, door to Breakfast Room (2.26m x 1.83m (7'5 x 6')) Breakfast bar, louvre door storage cupboard, radiator, dual aspect upvc double glazed windows, upvc double glazed door to the garden Bedroom Two (3.40m x 2.29m (11'2 x 7'6)) Radiator, coving, upvc double glazed window Bedroom Three (2.95m x 2.51m (9'8 x 8'3)) Fitted double wardrobe with cupboard over, radiator, coving, upvc double glazed bay window Bathroom Comprising of a panelled bath with overhead electric shower and glass shower screen, wash hand basin, radiator, built in airing cupboard housing a gas fired 'Vailant' combination boiler and linen shelf, tiled floor, tiled walls, frosted upvc double glazed window Separate Wc Comprising of a low level wc, frosted upvc double glazed window First Floor Bedroom One (4.93m x 3.12m (16'2 x 10'3)) Dual aspect upvc double glazed windows, wardrobe with louvre doors built into the eaves West Facing Garden Paved patio adjacent to the house, steps up to a mainly stone laid area, flower and shrub beds, fenced on both sides, side gate, adjoins an open field at the rear Front Garden Tiered, with paving and a stone laid area, nb; potential for off road parking Garage (5.33m x 2.01m (17'6 x 6'7)) Up and over door, access via a shared drive The Location In a very popular area, close to the Downs.
Local shops and amenities are also very close by in Mile Oak Road and the property is within just a few minutes’ drive of both the A27 and the Old Shoreham Road.
Local buses provide regular services to Portslade Town centre and mainline railway station, Hove and Brighton.
The Holmbush Centre and Sainsbury's West Hove store are also both within a few minutes drive
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
Agent & docs
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FAQ
About 17, Oakdene Crescent, Portslade
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