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See how verdicts work2-bedroom flat · BN41 2TA
Listing removedListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** FIXED PRICE £260,000 *** Well positioned in Portslade, just north of Portslade Old Village, an attractive TWO BEDROOM FIRST FLOOR APARTMENT with a sizeable sunny REAR GARDEN.
This attractive apartment is an excellent size encompassing in excess of 700sqft.
The property briefly comprises a well-presented lounge, a separate modern kitchen, two good-sized double bedrooms and an amply-sized family bathroom.
The apartment enjoys private access to a wonderfully sunny and generously-sized rear garden which includes a raised decking and patio as well as a stretch of lawn.
Only moments from the green open spaces of the South Downs, Drove Crescent benefits from easy access to the A27 making this home ideally situated for families, shoppers and commuters.
Mile Oak Road, Graham Avenue and Valley Road offer a variety of local shops, while in central Portslade, Boundary Road provides a wide selection of high street and independent stores, bars and cafes.
At the nearby Holmbush Centre, Tesco, Next and Marks & Spencer have larger superstore facilities.
Portslade mainline station with its convenient commuter links is approximately a mile and a half away, while closer to home Fishersgate train station offers additional local services.
Regular bus services run into the centres of Portslade, Brighton and Hove.
Local schools include Mile Oak Primary School, Portslade Aldridge Community Academy, King’s School Hove, Peter Gladwin Primary School and Hill Park School.
On a quiet crescent this terraced house located just above Portslade Old Village. The rolling contours of the South Downs are a backdrop to the crescent as you approach from Valley Road.
Drove Crescent is currently not situated in a controlled parking zone. The council tax band is B, which was charged at £1,818.49 for 2024/25.
EPC rating - C Council Tax - B Broadband & Mobile Phone Coverage - Prospective buyers should check the Ofcom Checker website Planning Permissions - Please check the local authority website for any planning permissions that may affect this property or properties close by.
TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease - 89 years Service Charge - £505.56 pa Ground Rent - £10pa This is information has been provided by the seller.
Please obtain verification via your legal representative. EPC Rating: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Drove Crescent, Portslade, BN41
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