4-bedroom flat · BN2 0EE
Listing removedListed 351 days
Opportunity summary
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About
*** This property is for sale by online auction *** Please visit the Sawyer & Co website and click 'Auctions' in the main menu under 'Services' In order to bid click 'Register' and verify your email Then do the following via the 'Dashboard': • Join the watchlist • Pass an ID check • Enter your payment details The winning buyer must pay a reservation fee of £6,000 plus VAT & a 10% DEPOSIT.
*** Guide Price £335,000 *** Excellently located in the heart of Kemp Town, a FOUR BEDROOM TOP FLOOR MAISONETTE. Sold with VACANT POSSESSION AND NO ONWARD CHAIN.
Conveniently located on a quiet road in the heart of the Queens Park area, this top floor flat is within easy reach of Kemp Town's shops and cafés, the city centre, seafront and mainline train station.
Set across two floors, the property comprises a well-proportioned open plan lounge, fitted kitchen and dining room complete with charming period detailing that includes two large sash windows and feature fireplace.
The property has four bedrooms in total and an amply-sized bathroom.
The apartment has the added benefit of a large loft, there is a president with other properties in the road successfully converting the space into a bedroom with en-suite, and so potential to do the same subject to the necessary consents.
College Terrace is situated near to Brighton College and nearby St Luke's Primary School.
A short walk to Kemp Town village where there is a wide selection of independent shops, cafes, restaurants, art gallery and a weekly artisan market is held at St. George’s Church gardens.
From Artisan Coffee House to the vintage antique shops, when it comes to shops, bars and restaurants there’s no shortage of choice. The amenities of St.
James’s Street and Edward Street are all close at hand. Plenty of bus services provide access to all parts of the city as well as nearby outlying villages.
Brighton train station is within walking distance approximately only a mile and half away providing regular mainline links. College Terrace is located in on street parking zone H.
The council tax band is C, which is currently charged £2,078.28 for 2024/25.
TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease - 144 Years Service Charge - £538 PER ANNUM Ground Rent - £150 This information has been provided by the seller.
Please obtain verification via your legal representative.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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About College Terrace, Brighton, BN2
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