1-bedroom house · BN1 8PZ
Sold STCListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac Court is a prestige warden assisted block catering for residents over the age of 60.
This particular one bedroom apartment is situated at the front of the block with stunning views over the neighbouring Withdean Park.
There is a beautiful 15' lounge/dining room with a bright dual aspect facing in a south easterly direction with full height windows to the front.
There is a fitted kitchen with integrated appliances and a double bedroom with built in wardrobe cupboards.
The bathroom was recently upgraded with a large walk in mobility shower with a glazed screen to suit the current owner.
Internally the flat has been recently decorated and carpeted and certainly has the feel of an upmarket hotel.
For peace of mind, there are emergency pull cords and a helpful warden should assistance be required.
There is a real community spirit in Lilac Court with residents regularly socialising in the bright and airy communal lounge and organised day trips.
Conveniently, there is communal parking, a passenger lift to all floors and a guest suite should additional space be required for a family members overnight stay.
Security Entrance System - Stairs & Lift Rising To All Floors - Entrance - Entrance Hallway - Living/Dining Room - 4.70m x 3.10m (15'5 x 10'2) - Kitchen - 2.18m x 2.18m (7'2 x 7'2) - Bedroom - 4.78m x 2.69m (15'8 x 8'10) - Shower Room/Wc - 2.08m x 1.75m (6'10 x 5'9) - Communal Lounge - Laundry Room - Outside - Communal Gardens - Communal Parking - Property Information - 101 years remaining on lease Ground Rent: £723.80 p/a Service Charge - £3,128.06 p/a Council Tax Band C: £2,292.84 2026/2027 Utilities: Mains Electric.
Mains water and sewerage Parking: Communal parking and un-restricted on street parking Broadband: Standard 17 Mbps, Superfast 80 Mbps available (OFCOM checker) Mobile: Good coverage (OFCOM checker)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About London Road, Patcham, Brighton
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