4 Bed Flat, Single Let, Brighton, BN1 2FR, £1,750,000

St. Margarets Place, Brighton, BN1 2FR - 19 days ago

BTL
~129 m²
+14 photos

Valuation

Sold Prices£370K - £1.2M
Sold Prices/m²£10.9K/m² - £10.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£13.5K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£437,500

Stamp Duty & Legal Fees

£209,950

Total Cash In

£647,450

 

 

Cash Out

 

Rent Range

£1,395 - £6,051

Rent Estimate

£1,874

Running Costs/mo

£5,864

Cashflow/mo

£-3,990

Cashflow/yr

£-47,875

Gross Yield

1%

Local Sold Prices

3 sold prices from £370K to £1.2M, average is £587.5K.

PriceDateDistanceAddressBeds 
£370K07/231.5 miMaisonette, 24, Gladstone Place, Brighton, Brighton And Hove BN2 3QD4
£587.5K07/231.69 mi91, Montgomery Street, Hove, Brighton And Hove BN3 5BD4
£1.2M06/232.07 mi4, Woodland Close, Hove, Brighton And Hove BN3 6BP4

Local Rents

50 rents from £1.4K/mo to £6.1K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£1,99502/240.03 mi-3
£2,54112/240.03 miHilton Metropole Court, Kings Road, Brighton3
£2,15012/240.04 miKings Road, Brighton, East Sussex, BN13
£2,15012/240.04 miKings Road, Brighton, East Sussex, BN13
£1,69512/240.08 miRegency Square, Brighton3
£3,00012/240.12 miClarence Square, Brighton3
£2,10012/240.12 miCastle Street, City Centre, Brighton, BN13
£2,60001/250.12 mi-4
£1,90012/240.13 miLittle Preston Street, Brighton, East Sussex, BN13
£6,05112/240.13 mi17 Little Preston Street, BN1 2HQ3
£6,05102/240.13 mi-3
£2,50012/240.15 miMarlborough Mews, Brighton3
£3,30003/250.15 mi-3
£2,90003/250.19 mi-3
£2,50003/250.19 mi-3
£3,00012/240.19 mi-3
£2,80012/240.19 mi-3
£2,50001/250.19 mi-3
£2,50001/250.19 mi-3
£3,40002/250.19 mi-3
£2,90003/250.19 mi-3
£2,10012/240.19 miMarlborough Mews, Brighton, BN1 3EB3
£2,30012/240.2 miDean Street, BRIGHTON, East Sussex, BN14
£3,30003/240.2 mi-4
£2,27512/240.21 miWest Street, Brighton, East Sussex, BN13
£2,20003/250.21 mi-3
£3,12012/240.22 miImperial Arcade, Brighton, BN14
£1,39512/240.22 mi-3
£2,27512/240.22 miWest Street, Brighton, East Sussex, BN13
£1,69501/250.23 mi-4
£2,85012/240.23 miHampton Place, Brighton3
£2,50012/240.23 miWest Street Brighton BN13
£4,03012/240.23 miMontpelier Road, Brighton6
£4,03012/240.23 miMontpelier Road, Brighton6
£4,10012/240.23 miUpper North Street6
£2,86012/240.23 miBoyces Street, Brighton, East Sussex4
£2,77412/240.23 miBoyces Street, Brighton , East Sussex4
£3,20003/250.23 miMontpelier Road, Brighton4
£2,35003/250.23 mi-4
£3,75012/240.24 miUpper North Street, Brighton5
£2,10012/240.25 miMontpelier Road, Brighton3
£2,73012/240.26 miMiddle Street, Brighton3
£2,73012/240.26 miMiddle Street, Brighton3
£2,00002/250.27 mi-4
£4,40012/240.27 miKings Road8
£4,80012/240.27 miKings Road8
£3,07512/240.27 miKings Road5
£2,49512/240.29 mi-3
£2,10012/240.29 mi-3
£2,49512/240.29 miSillwood Street, Brighton, BN13

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

2.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £1,750,000

February 27, 2025

Floor Plans

Description

  • Seafront penthouse +
  • 3482sq ft +
  • stunning views +
  • four double bedrooms +
  • expansive sitting room +
  • impressive dining room +
  • modern kitchen breakfast room +
  • south facing balcony +
  • passenger lift +
  • share of freehold +

On the market for the first time in over 40 years, a spectacular and expansive four-bedroom penthouse positioned at the top of an iconic sought-after apartment block with breath taking sea and coastal views. Famously the tallest building on the South Coast, and a well-recognised part of Brighton’s topography, Sussex Heights stands twenty-four storeys tall, and is fine example of 1960s architecture.

Accessed from the 24th floor via a passenger lift and spanning the entire 25th floor, this unique and sublime residence offers a substantial floor plan of sensationally bright open space with expansive wraparound balcony surrounding its south, west and easterly aspects.

The vast (33ft x 23ft) sitting room is welcoming and distinguished by its sea view, allowing you to enjoy an unrestricted vista of the ocean from the comfort of your own home.

The west facing dining room and contemporary kitchen/breakfast room offers views over the rooftops of Hove to the serene South Downs, providing a restful backdrop for entertaining or family meals.

Further down the inner hallway, you will find the bedroom suites, three with en-suites bathrooms and a further family bathroom. This impressive lateral apartment further benefits from ample storage.

A fabulous opportunity to acquire one of Brighton's finest penthouses.

Outside

The property enjoys fabulous breath-taking views from the predominantly south facing balcony

Situation

This generous apartment is beautifully situated in a popular area with lots of local shops and the beach on your doorstep. The city centre shopping districts and parks are also within easy reach, and this home also offers easy access to Brighton Station and the A23/A27 which have direct and fast links to the airports and London. Property Ref Number: HAM-53245

Additional Information

Council tax band G
Brighton & Hove City Council
Mains services

Agent Details

Hamptons, Brighton & Hove

01273 109809

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪