2-bedroom flat · BN1 5PS
Sold STCListed 507 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two-Bedroom Flat with Lift Access and Far-Reaching Views - Highcroft Villas, Prestonville Situated on the fourth floor of Parkview, a popular purpose-built block in the highly desirable Prestonville area of Brighton, this generously sized two-bedroom flat offers excellent potential, bright interiors, and sweeping views across the city.
The accommodation extends to over 750 sq ft and includes a spacious living/dining room, a separate fitted kitchen, two well-proportioned double bedrooms, and a family bathroom.
Large windows ensure plenty of natural light, while the passenger lift makes upper-floor access easy and convenient.
Well presented and fully functional, the property would now benefit from sympathetic modernisation, offering buyers the chance to add value and create a home tailored to their own style.
Positioned in a peaceful residential setting, the apartment enjoys a sense of calm yet remains close to Brighton's best lifestyle amenities.
Preston Park Station is just a short walk away, providing fast and direct rail services to London - ideal for commuters.
The wide open green spaces of Preston Park are nearby for running, tennis, or summer picnics, while the ever-popular Seven Dials offers a thriving mix of cafés, independent shops, and restaurants.
Brighton city centre and seafront are also easily reached by bus, cycle, or on foot.
This attractive home will appeal to first-time buyers, investors, or anyone seeking a well-located apartment in one of Brighton's most desirable neighbourhoods, with scope to personalise and add long-term value.
Key Information: Leasehold - approx. 939 years remaining. Council Tax Band B. Service charge & ground rent: £2,525.72 p.a. Passenger lift access.
A rare opportunity to secure a spacious two-bedroom flat with outstanding potential in prime Prestonville - viewing is strongly recommended.
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.
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