1-bedroom house · BN1 3JP
Sold STCListed 321 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and well-proportioned one bedroom retirement apartment, situated on the fourth floor of Homelees House, a purpose-built development for residents aged 55 and over located on the corner of Dyke Road and Clifton Road in the heart of Brightons Seven Dials.
Built specifically with independent later living in mind, Homelees House offers a peaceful yet exceptionally convenient setting, with an excellent range of communal facilities that create a friendly, sociable environment for residents.
These include a resident’s lounge with games area, 24-hour careline support, an on-site warden, guest suite, laundry room, residents’ and visitors’ parking and beautifully maintained communal gardens.
The apartment itself enjoys a leafy outlook and provides well-balanced accommodation throughout.
The spacious living and dining room benefits from a large picture window drawing in plenty of natural light, while the adjoining kitchen is neatly arranged with scope for modernisation.
The double bedroom offers generous proportions and fitted storage, and the bathroom provides potential for updating to suit individual tastes.
There is also an emergency pull cord and a phone entry system.
Positioned moments from Seven Dials, the location is ideal for those wanting level access to local cafés, shops, bus routes and green spaces.
Offered with no onward chain, this is a fantastic opportunity to secure a comfortable home within a highly regarded retirement development in one of Brighton’s most sought-after neighbourhoods.
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 Dyke Road, Brighton
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