2-bedroom bungalow · BN41 2RD
Sold STCReduced £25k (−7.1%) on 12 SepListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-situated in the popular residential Mile Oak area of Portslade, a detached two bedroom bungalow with a garage, private driveway and a west facing rear garden. Sold with no onward chain.
Located in the popular, family-friendly Mile Oak area, this detached bungalow presents an excellent opportunity to modernise and create a home to suit your own style.
Set back from the road behind a well-kept front garden, the property offers a spacious lounge/diner, a separate kitchen, two well-proportioned bedrooms, both with fitted storage, and a shower room.
Outside, the generous west-facing rear garden enjoys a sunny aspect and offers plenty of potential, while a private driveway and garage provide convenient off-road parking and additional storage.
EPC Rating: E In The Local Area Only moments from the green open spaces of the South Downs, Mile Oak Road benefits from easy access to the A27, making this home ideally situated for families and commuters.
Mile Oak Road, Graham Avenue and Valley Road offer a variety of local shops, while in central Portslade, Boundary Road provides a wide selection of high street and independent stores, bars and cafes.
At the nearby Holmbush Centre, Tesco, Next and Marks & Spencer have larger superstore facilities.
Portslade mainline station, with its convenient commuter links, is less than a 10-minute drive away, while regular bus services run to the centres of Portslade, Brighton and Hove.
Local schools include Mile Oak Primary School, Portslade Aldridge Community Academy, King’s School Hove, Peter Gladwin Primary School and Downs Park School.
Further Information Mile Oak Road is not currently located within a controlled parking zone. The council tax band is C, which is currently charged at £2,292.84 for 2026/27.
EPC rating - E Broadband & Mobile Phone Coverage - Prospective buyers should check the Ofcom Checker website Planning Permissions - Please check the local authority website for any planning permissions that may affect this property or properties close by.
This information has been provided by the seller. Please obtain verification via your legal representative.
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.
Area
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FAQ
About Mile Oak Road, Brighton
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