5-bedroom house · BN2 3EL
Listing removedReduced £15k (−3.6%) on 21 JunListed 218 days
Opportunity summary
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About
Property Description – Elm Grove, Brighton, East Sussex (Freehold) This freehold mid-terraced property is arranged over three floors and is currently configured as a five-bedroom House in Multiple Occupation (HMO).
The property provides spacious and flexible accommodation, well suited to shared living while also offering scope for reconfiguration should it be purchased by an owner-occupier.
The lower ground floor comprises a good-sized lounge and a separate kitchen, forming a practical communal area for residents.
The kitchen offers sufficient space for essential appliances and storage, while the lounge provides a comfortable setting for everyday living and social use.
The ground floor currently contains three bedrooms, including a principal bedroom and two further double bedrooms.
This level also includes a bathroom and a separate W/C, a layout that supports multi-occupancy living by providing additional convenience for residents.
On the first floor, the accommodation continues with two further bedrooms consisting of one large bedroom and an additional double bedroom.
The distribution of bedrooms across multiple floors provides a practical layout for an HMO arrangement while maintaining a good level of separation between rooms.
Externally, the property benefits from a rear patio garden, designed to be low maintenance.
The paved space provides a useful outdoor area suitable for seating or general outdoor use without the ongoing upkeep associated with lawned gardens.
Parking is available on-street, with residents’ permit parking required in the surrounding area.
While the property is currently set up as a five-bedroom HMO, if purchased by an owner-occupier it would most likely be reconfigured into a four-bedroom family home.
In such a scenario, one of the ground floor bedrooms would typically be repurposed as a main reception room or lounge, creating a more conventional residential layout with dedicated living space.
Area Overview Elm Grove is a well-established residential area located to the north-east of Brighton’s city centre.
The neighbourhood is characterised by traditional terraced housing and a strong residential community.
It benefits from convenient access to local shops, cafés and everyday amenities, as well as regular bus routes providing connections across the city.
The area also offers relatively easy access to central Brighton, the seafront and nearby green spaces, making it a popular location for a mix of professionals, families and students.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Living Room (2.97m x 2.92m) Kitchen (2.57m x 2.95m) Bedroom 1 (4m x 3.38m) Bedroom 2 (3.4m x 2.8m) Bedroom 3 (3.6m x 2.9m) WC (0.91m x 1.9m) Bathroom (0.9m x 1.68m) Bedroom 4 (3.4m x 4.47m) Bedroom 5 (3.43m x 2.8m)
Value & comps
No previous sales on record.
Returns
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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 advisors 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 223, Elm Grove, East Sussex
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