10 Bed HMO, Brighton, BN1 3AG £1,000,000

8 Windlesham Road, Brighton, East Sussex, BN1 3AG - 17 views - 9 months ago
Sold STC
Auction
HMO
Refurb/BRRR
Inside Article 4
~306 m²
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Property image
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Property image
+5 photos

ValuationFair Value

Sold Prices£420K - £3.5M
Sold Prices/m²£3.6K/m² - £12.2K/m²

 

 

Square Metres

~305.71 m²
Price/m²£3.3K/m²

Value Estimate

£1,000,000

 

 

End Value (After Refurb)

£2,246,435

Uplift in Value

+125%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£250,000

Stamp Duty & Legal Fees

£94,950

Refurb Costs

£159,787

Bridging Loan Interest

£26,250

Total Cash In

£532,737

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£2,246,435

Agent Fees (1%)

£22,464

Bridging Loan

£750,000

Bridging Loan Interest

£26,250

Flip Profit

£941,233

Local Sold Prices

50 sold prices from £420K to £3.5M, average is £822.5K. £3.6K/m² to £12.2K/m², average is £6.8K/m².

Price
Date
Distance
Address
Beds
 
£2.5M01/230.15 mi7, Clifton Hill, Brighton, Brighton And Hove BN1 3HQ4
£912K08/210.15 mi16, Clifton Hill, Brighton, Brighton And Hove BN1 3HQ4
£800K05/230.2 mi10, Colbourne Road, Hove, Brighton And Hove BN3 1TB4
£960K10/230.2 mi13, Victoria Street, Brighton, Brighton And Hove BN1 3FP4
£1.0M01/230.21 mi54, Davigdor Road, Hove, Brighton And Hove BN3 1RB4
£900K03/230.22 mi31, Colbourne Road, Hove, Brighton And Hove BN3 1TA4
£1.1M07/250.23 mi73, Addison Road, Hove BN3 1TS4
£875K09/210.23 mi43, Victoria Street, Brighton, Brighton And Hove BN1 3FQ4
£905K01/230.24 mi71, Addison Road, Hove, Brighton And Hove BN3 1TS4
£955K06/210.24 mi3a, Powis Grove, Brighton, Brighton And Hove BN1 3HF4
£1.4M12/220.24 mi14, Compton Avenue, Brighton, Brighton And Hove BN1 3PN4
£825K03/230.25 mi26, Norfolk Road, Brighton, Brighton And Hove BN1 3AA4
£920K06/210.25 mi37, Montefiore Road, Hove, Brighton And Hove BN3 1RD4
£1.0M01/230.26 mi14, Hampton Place, Brighton, Brighton And Hove BN1 3DD4
£780K08/250.26 mi15, Hampton Place, Brighton BN1 3DA4
£1.1M01/250.27 mi90, Highdown Road, Hove, Brighton And Hove BN3 6EB4
£525K05/210.28 mi41, Upper North Street, Brighton, Brighton And Hove BN1 3FH4
£692K11/210.29 mi1, Hampton Street, Brighton, Brighton And Hove BN1 3DB4
£1.4M05/230.29 mi48, Compton Avenue, Brighton, Brighton And Hove BN1 3PS4
£925K02/230.3 mi3, Caburn Road, Hove, Brighton And Hove BN3 6EF4
£960K01/230.31 mi92, Highdown Road, Hove, Brighton And Hove BN3 6EA4
£925K07/230.31 mi100, Highdown Road, Hove, Brighton And Hove BN3 6EA4
£662.5K06/210.32 mi12, Crown Street, Brighton, Brighton And Hove BN1 3EH4
£960K07/230.35 mi61, Montefiore Road, Hove, Brighton And Hove BN3 6EP4
£1.1M11/220.35 mi27, Cissbury Road, Hove, Brighton And Hove BN3 6EN4
£820K06/250.36 mi30, St Nicholas Road, Brighton BN1 3LP4
£515K06/230.37 mi89, Centurion Road, Brighton, Brighton And Hove BN1 3LN4
£805K02/230.37 mi5, Chatsworth Square, Hove, Brighton And Hove BN3 1WD4
£840K06/210.37 mi1, Chatsworth Square, Hove, Brighton And Hove BN3 1WD4
£768.4K06/210.38 mi47, Sillwood Street, Brighton, East Sussex BN1 2PS4
£690K12/230.38 mi10, Avondale Road, Hove, Brighton And Hove BN3 6ER4
£885K08/230.4 mi9, Glendale Road, Hove, Brighton And Hove BN3 6ES4
£739.8K08/210.4 mi11, Glendale Road, Hove, Brighton And Hove BN3 6ES4
£700K07/230.42 mi21, Western Street, Brighton, Brighton And Hove BN1 2PG4
£1.2M09/230.42 mi34, Ferndale Road, Hove, Brighton And Hove BN3 6EU4
£420K03/250.43 mi8, Old Shoreham Road, Brighton BN1 5DD4
£585K06/210.48 mi24, Exeter Street, Brighton, Brighton And Hove BN1 5PG4
£715K07/250.49 mi28, Coventry Street, Brighton BN1 5PQ4
£650K05/230.5 mi19, Brunswick Street West, Hove, Brighton And Hove BN3 1EL4
£733K06/250.5 mi52, Exeter Street, Brighton BN1 5PH4
£733K06/250.5 mi52, Exeter Street, Brighton BN1 5PH4
£660K08/230.5 mi8, Over Street, Brighton, Brighton And Hove BN1 4EE4
£862K01/250.54 mi30, Wilbury Crescent, Hove, Brighton And Hove BN3 6FJ4
£485K05/250.55 mi44, Queens Gardens, Brighton BN1 4AR4
£770K11/210.56 mi10, Kensington Place, Brighton, Brighton And Hove BN1 4EJ4
£583K12/220.57 mi26, Dyke Road Drive, Brighton, Brighton And Hove BN1 6AJ4
£618K05/250.58 mi15, Kingscote Way, Brighton BN1 4GJ4
£3.5M06/210.59 mi6, Adelaide Crescent, Hove, Brighton And Hove BN3 2JE4
£625K03/230.61 mi2, Port Hall Avenue, Brighton, Brighton And Hove BN1 5PL4
£720K05/230.68 mi11, Wilbury Grove, Hove, Brighton And Hove BN3 3JQ4

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

1.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+20%

Property History

Listed for £1,000,000

February 13, 2025

Floor Plans

Property image

Description

Sold prior to auction, for an undisclosed amount

For Sale By Auction on Thursday 13 March 2025

*Guide Price £1,000,000

Substantial Freehold Detached Property - Requiring Modernisation

Description
A rare opportunity to acquire a vacant detached three-storey property set within the popular Clifton Hill Conservation Area. The property comprises, 10 bedrooms, 3 x shower rooms, kitchen, utility room, 2 reception rooms and basement. The property has the benefit of a large rear garden and garage.

The property has been used for letting purposes for many years and does not have an HMO licence, as the vendor is exempt.

The property has potential to be converted into a 4 x reception, 7 x bedroom family home, subject to necessary consents.

Situation
The property is located in a sort after residential area in the heart of the city - close to the popular Seven Dials with it's a range of shops, restaurants, and coffee shops. St Annes Wells Gardens is close by, whilst Brighton town centre and seafront, are approximately 10 minutes' walk from the property. Brighton Mainline Railway Station is just over half a mile from the property (London Victoria 58 minutes).

Location Pin (What3Words): claps.trail.busy

NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY

Tenure - Freehold

Council Tax - Band G

EPC Rating - E

Accommodation
Basement - 4.27m x 2.42m
Total Floor Area - 10.33 sqm
Ground Floor -
Entrance Hall - 3.77m x 3.31m
Kitchen - 3.38m x 3.27m
Utility Room - 3.35 x 1.61
Dining Room - 4.72m x 3.25m
Bedroom 5.92m x 4.24m
Bedroom 6.07m x 4.24m
Bedroom 3.38m x 3.33m
w/c
Total Floor Area - 132.64 sqm

First Floor
Bedroom - 6.17m x 4.43m
Bedroom - 4.38m x 3.50m
Bedroom - 4.53m x 3.53m
Bedroom - 3.50m x 2.79m
Bedroom - 4.77m x 4.40m
Ensuite shower room/w/c -
Total Floor Area - 94.55 sqm

Second Floor
Bedroom - 5.01m x 3.06m
Bedroom - 5.11m x 3.63m
Bedroom - 5.27m x 3.57m
Shower Room / wc
Total Floor Area - 68.19 sqm

Garage - 5.92m x 2.65m
Interested parties must rely on their own measurements.

Total Gross Internal Floor Area - 305.71 sqm

Agent Details

Austin Gray, Auction House Sussex

01273 109784

Next Steps?

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