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See how verdicts work1-bedroom flat · BN1 6AA
Sold STCReduced £10k (−4.2%) on 6 MayListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is being sold with a brand new lease, private residents' parking, and no onward chain!
Located on the raised ground floor of an attractive period building, the property retains many original features, including high ceilings and beautiful cornicing in the communal hallway.
This particular flat is situated towards the rear, benefiting from a southerly aspect in the main rooms, highlighted by near floor-to-ceiling bay sash windows.
The main living area measures over 5.1m x 4m, with additional space featuring a recessed kitchen.
While the property could use some modernisation, this presents a great opportunity for investment or a first-time purchase.
The bedroom is located down the corridor, along with a separate bathroom and toilet.
The location truly is the icing on the cake, as it is just at the entrance to Preston Park, which features cafés, a variety of recreational facilities, lawns, formal flower borders, and rose gardens.
It is also conveniently close for a short bus ride to Brighton city centre. Call now to book your viewing appointment with the vendor's chosen local independent agent, Spencer & Leigh.
Communal Entrance - Stairs Rising To All Floors - Entrance - Entrance Hallway - Living Room - 5.16m x 4.06m (16'11 x 13'4) - Kitchen - 3.35m x 1.52m (11'0 x 5'0) - Bedroom - 3.20m x 3.00m (10'6 x 9'10) - Bathroom - 1.70m x 1.55m (5'7 x 5'1) - Separate Wc - Outside - Residents Parking - Property Information - Council Tax Band A: £1,719.63 2026/2027 Service Charge - £1,206.16 p/a Ground Rent - £90.00 p/a 125 years remaining on lease - Utilities: Mains Gas and Electric.
Mains water and sewerage Parking: Residents parking and restricted on street parking - Parking Zone J Broadband: Standard 13Mbps, Superfast 80Mpbs & Ultrafast 1000Mbps available (OFCOM checker) Mobile: Fair/Good coverage (OFCOM checker)
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
FAQ
About Stanford Avenue, Preston Park, Brighton
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