Upper Lewes Road, Brighton, East Sussex, BN2

Guide price
£170,000
Sold STC

AVERAGE RENTAL PRICE / YIELD

£1250 pcm / 8.8%

ROOMS

1 Bedrooms / 1 Bathrooms / 1 Receptions

ENERGY PERFORMANCE CERTIFICATE (EPC)

-

COUNCIL TAX

A

GUIDE PRICE: £170,000--£190,000.

ANOTHER SALE AGREED BY CHARTERS PRESTON PARK SALES OFFICE.

IN NEED OF SOME MODERNISATION.

IDEAL BLANK CANVAS.

SHARE OF FREEHOLD.

REAR GARDEN.

CHAIN FREE.

INTERNAL VIEWINGS AVAILABLE ON REQUEST.

With Brighton’s vibrant North Laine and Mainline Station within easy walking distance, close to excellent transport links to the universities, this one-bedroom garden flat is already appealing. What will attract the most attention, is the huge potential to add value with renovation and reconfiguration. It would be possible to create a second bedroom where the kitchen is or extend into the garden subject to planning – certainly worth thinking about. It is in need of complete modernisation both inside and out, yet the exterior is already undergoing some work (please ask the agent when viewing for details on this).

The city shops, beach and transport links are also within easy walking distance, so the location couldn’t be more perfect for professionals, rental investors, developers, students and commuters alike.

This property is for sale by the Modern Method of Auction.

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Style: Lower ground floor Victorian garden flat
Type: 1 double bedroom, 1 living room, 1 bathroom, 1 kitchen
Location: Roundhill Conservation Area
Floor Area: 543 sq.ft.
Outside: East facing garden
Parking: Residents permit zone J
Council Tax Band: A

Why you’ll like it:
Positioned at the base of Roundhill Conservation Area and tucked away from the busy Lewes Road, this spacious one-bedroom flat sits within a popular terrace of Victorian homes. The entire building may have fallen into a state of disrepair, yet this is a hugely exciting prospect for those looking to get a step on the ladder, or for developers looking to breathe new life into a period home while adding plenty of value to the place.

Positioned on the lower ground floor, this flat has its own street entrance to the side of the building, down a few stone steps. There is a deep storage cupboard down here, ideal for bikes, should you be preferring to travel without affecting your carbon footprint.

Stepping inside, it is clear the place needs complete refurbishment. While the kitchen and bathroom are in working order, they would benefit from renewal. The rooms are fantastic sizes, however, offering versatile spaces with the bedroom and living room interchangeable depending on which one you would prefer to have direct garden access.

To the rear, the room leading to the garden would be ideal as a sitting room as it has space for dining which could spill outside to the garden during summer. An original period fireplace adds character to the room while a traditional built-in wardrobe offers additional storage. To the front of the building, the bedroom is peaceful with another set of French doors leading to the light well at the front of the building, ensuring it is completely private from passers-by while natural light can filter in. There is room for a king size bed on wood floors which can be sanded and varnished to bring them back to their original glory.


Outside, the garden stretches back with the original flint wall to one side and lush greenery to the other adding to the privacy. It faces east but is open to the south, so it is bathed in sunlight throughout the day which is ideal for those who enjoy growing plants and vegetables. The potential is there to build a garden office out here or extend the living room further which would free up space in the original kitchen to create a second bedroom – all worth considering subject to planning consents and building permissions.

Agent’s thoughts:
This property could be a really exciting prospect for first-time buyers, down-sizers or developers. The potential to add value is huge.

Owner’s thoughts:
‘This will be a great project for someone to get their teeth into – it’s a great flat offering plenty of space and the garden could be fantastic as it is open to the south. You can walk everywhere from here, so there’s no need for a car. You can jump on a train or a bus if you need to go further afield, but there are so many parks, shops and some fantastic pubs and restaurants on your doorstep to keep you entertained too.’

Where it is
Shops: Local 1 min walk, North Laines 10 min walk
Station: London Road 5 min walk, Brighton 10 min walk
Seafront or Park: The Level 2 min walk, seafront 10 min walk
Closest Schools:
Primary: Downs Infant and Junior Schools
Secondary: Varndean and Dorothy Stringer, Cardinal Newman RC
Private: Brighton College
£833.15
per month

This mortgage calculator is provided by Charters. Charters work with Mortgage Decisions to give our clients access to expert mortgage and protection advice. Mortgage Decisions have access to over 12,000 mortgages from 90+ lenders so they can find the right mortgage to suit your individual needs. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Get free mortgage advice

One of our team will be in touch to discuss your requirements.

Helping you invest in the right property

Our sourcing service is built for investors, with support from identifying opportunities through to securing the right deal.