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See how verdicts workStudio flat · BN2 1NG
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sweda Court, Chesham Street, Brighton: A High-Yielding, Hassle-Free Investment Asset Positioned in one of Brighton’s most resilient and popular rental pockets, this modern studio flat within Sweda Court represents a stellar opportunity for landlords and property investors.
Nestled on Chesham Street in the heart of Kemptown, the property perfectly bridges vibrant coastal living with unparalleled access to major local employment hubs.
The property is being offered to the market with a reliable tenant in situ, currently paying £900 PCM.
With an asking price of £130,000, this immediate income stream yields a highly lucrative gross return of 8.3% per annum, which translates into a strong 7.6% net yield once the service charge and ground rent are factored in.
The Property Layout & Condition Unlike many investment properties requiring immediate cosmetic or structural capital expenditure, 3 Sweda Court was fully refurbished just two years ago.
The interiors are sleek, bright, and low-maintenance.
The space features a well-proportioned open-plan living and sleeping area, an integrated modern kitchen with glossy white units, and a contemporary independent shower room.
It has been intelligently designed to maximise its footprint, ensuring it remains an incredibly attractive prospect for central Brighton tenants.
Tenure & Outgoings The property is held on a secure Leasehold basis with a highly desirable 137 years remaining on the lease, protecting the long-term value of your asset.
The service charges sit at an affordable approx. £853.34 per annum, alongside a minimal ground rent of approx. £45 per annum.
The Location & Essential Amenities The building is perfectly situated between Eastern Road and Marine Parade, putting the best of Kemptown right on the doorstep: The Seafront: Kemptown’s beaches and the beautiful promenade are approx.
0.2 miles away. Employment & Healthcare: The Royal Sussex County Hospital is just approx. 0.3 miles away, making this an ideal location to consistently attract healthcare and medical professionals.
Transport Links: Frequent and direct bus links operate from the end of the road, connecting residents straight to Brighton Mainline Station and local university campuses.
The Next Step Finding a fully modernised property in a premium BN2 location that secures a net yield of 7.6% with a long lease is an absolute rarity.
With the refurbishment work complete and a successful tenancy already running smoothly, this is a genuine plug-and-play addition to your portfolio.
How open would you be to reviewing the tenancy documentation or booking a viewing to see the block? Contact us today to secure further information.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Chesham Street, Brighton, BN2
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