6-bedroom house · BN2 3HS
Sold STCReduced £25k (−5.6%) on 30 JulListed 214 days
Opportunity summary
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About
Being Sold via Secure Sale online bidding Terms & Conditions apply Starting Bid £450,000 *** ideal investment opportunity *** An extended six-bedroom HMO property with loft conversion plus rear extension, bringing in strong returns, let at £3,822 pcm (£45,864 per annum) to six students.
The generously sized accommodation consists of six bedrooms, two shower rooms and two reception rooms (lounge plus dining room).
Prime location for student letting, just off Lewes Road and close to The Level. Frequent buses to universities and city centre, close to all local amenities. To be sold as an ongoing investment.
Entrance Hall Stairs to upper and lower floors. Bedroom (3.56m x 3.26m (11'8" x 10'8" )) Bay window to front. Wash hand basin.
Shower Room Shower enclosure with electric shower, low-level WC, wash hand basin, aqua board walls. Bedroom (3.07m x 2.62m (10'0" x 8'7")) Window to rear. Built-in recessed cupboard, wash hand basin.
Lower Ground Floor: Hallway Cupboard housing fuse board and meters. Living Room (3.02m x 3.25m (9'10" x 10'7")) Window to front, built-in cupboard, wash hand basin.
Kitchen (2.98m x 3.25m (9'9" x 10'7")) Range of units at eye and base level with worktops over, two stainless steel sink units with drainer and mixer tap, two ovens with hob and extractor hood over.
Window to rear, archway leading to living room. Dining Room (2.72m x 4.01m (8'11" x 13'1")) French doors to rear garden. First Floor Landing Stairs to upper and lower floors.
Bedroom (3.07m x 2.62m (10'0" x 8'7" )) Window to rear. Wash hand basin. Bedroom (3.82m x 2.69m (12'6" x 8'9" )) Bay window to front. Wash hand basin.
Shower Room Glass shower cubicle with shower over, low-level WC, wash hand basin. Second Floor: Mini landing. Bedroom (2.69m x 3.69m (8'9" x 12'1")) Window to rear. Wash hand basin.
Bedroom (2.23m x 3.62m (7'3" x 11'10")) Velux window to front. Wash hand basin. Rear Garden Pebble infilled with brick walled boundaries.
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
Agent & docs
FAQ
About 45, Park Crescent Road, Brighton
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