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See how verdicts workProperty · BN1 6DJ
SoldListed 496 daysAuction 17 Jul · ended
Opportunity summary
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About
Sold for an undisclosed amount **For Sale By Auction on Thursday 17 July 2025** *Guide Price £25,000 Vacant Freehold Garage - In Popular Residential Area Description A single freehold garage within a block of two garages, with up and over door.
The garage is being sold with vacant possession and is located within a popular residential area.
Situation The garage is situated within the Preston Park Conservation Area on the South side of Florence Road and is accessed via a shared driveway between 14 & 16 Florence Road.
London Road railway station is 0.3 miles to the South-East, while Brighton railway station is 0.9 miles to the South, offering direct links to London and Gatwick.
The A23 / A27 road network is also easily accessible to the North.
Location Pin (What3Words): poker.wizard.react Measurements Minimum Width - 2.2 m Minimum Height - 1.8 m Max Length - 5.9 m Max Width - 2.9 m **Interested parties must rely on their own measurements** NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE.
PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure - Freehold
Value & comps
No previous sales on record.
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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 starting price
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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 Garage at 16, Florence Road, Brighton, BN1 6DJ
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