1-bedroom flat · BN42 4DL
Sold STCListed 378 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Park Lane Attractive period building set just off of Southwick Green and a short walk to a variety of shops and amenities in Southwick Square along with Southwick Train Station which is only a 7 minute walk.
Generously proportion 1 double bedroom flat, nicely presented throughout, large windows draw in plenty of natural light and gives a bright and airy feel.
Garage set to the rear and residents parking, long lease with 994 years remaining, offered with No Onward Chain.
Set on the first floor at the front of the building and benefitting from having two bay windows, shared entrance serves only two flats and has stairs leading to the flat front door, this also creates a divide between flats with the kitchen and bathroom being the only spaces sharing a wall with the neighbouring flat, this adds to greater privacy which is harder to find with flats.
Walkthrough Entering into an inner hall which leads to the spacious lounge being 16'6 x 15'8 with plenty of light from a tall square bay window, an ideal spot for a dining table, a chimney breast adds a touch of character and has gar fire.
The separate kitchen leads from the lounge and has a tall side window, well equipped kitchen which makes good use of the space, plenty of cupboard space with a built in over, gas hob with extractor over, tiled splash back, space for a fridge freezer and washing machine.
Impressive bedroom being 15'11 x 12' with generous light from the tall bay window along with another window the side of the bay, fitted wardrobes and space for a dresser or desk, set on the corner of the building which gives added privacy.
Modern white bathroom suit which is well lit with a side window, fully tiled having a bath with shower over and glass screen, pedestal wash basin with a mirror over, WC, towel rail and wall mounted mirrored cabinets.
Garage & Parking Set to the back of the building is a tarmacked area with residents parking and a private garage as part of a block of four garages Lease Info Long lease with 994 years remaining Service Charge - £600 per year (£300 collected every 6 months Jan/Jul) Ground Rent - £25 per year Location Set just off Southwick Green and close to the Shoreham border, a short walk to Southwick Square with a range of shops catering for a variety of needs, cafes, and eateries along with a Little Waitrose, there is also a larger open space for performances, markets and café seating.
Less than a mile to the West is Holmbush Shopping Centre with a Tesco Extra, M&S and Next.
Nearby is Kingston Beach a 10 minute walk and popular spot for locals, nestled in the harbour entrance with the Old Light House dating back to 1846, home also to the RNLI Shoreham Lifeboat Station There is a regular bus service to neighbouring towns and a 5 minute walk Southwick Train Station with connections to London.
Great road connections with easy access to the A27 & A23.
The area is well served with a doctors surgery, library and community centre with café and The Barn theatre which has a wide range of entertainment throughout the year.
Royall Best Thoughts A great period flat in an attractive period building, perfect for a first time buyer or downsizer alike, added bonus of a garage and parking
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 Park Lane, Southwick, Brighton, BN42 4DL
Explore nearby