1-bedroom flat · BN41 2RB
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open day - Thursday 3rd September. Ever wanted a well presented flat with a balcony and view? If so, this could well be the flat for you.
Situated on the top floor, this particular one bedroom flat is available to let unfurnished from mid October.
As you enter, a larger than usual hallway leads into a good size lounge which has access to the East facing balcony.
There is a recessed kitchen which has plenty of storage space and can accommodate a breakfast table, generating a pleasant social hub.
The bedroom and oversized bathroom are located to the rear of the flat in a quiet spot, having a Westerly aspect and distant views towards the South Downs.
The flat benefits from double glazed windows and gas fired central heating. Local shops and a regular bus service to the city are within walking distance. Viewing is recommended. Council tax - band B.
Entrance Hall (5.36 x 1.50 (17'7" x 4'11")) Living Room (3.98 x 3.30 (13'0" x 10'9")) Kitchen (3.16 x 2.40 (10'4" x 7'10")) Bedroom (3.98 x 3.53 (13'0" x 11'6")) Bathroom (2.66 x 2.13 (8'8" x 6'11")) Balcony Property Information Council Tax Band B: £2,006.23 2026/2027 Utilities: Mains electric, gas, water and sewerage Parking: Free on street parking Broadband: Standard 5 Mbps, Superfast 80 Mbps Mobile: Good coverage (ofcom checker)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 7, 323-325, Mile Oak Road, Portslade Brighton
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