2 Bed Flat, Refurb/BRRR, Brighton, BN1 6UL, £300,000

24 Leahurst Court, Leahurst Court Road, Brighton, BN1 6UL - 2 views - 12 days ago

Leasehold
Refurb/BRRR
68 m²
+13 photos

ValuationUndervalued

Sold Prices£210K - £1.3M
Sold Prices/m²£2.9K/m² - £6.8K/m²

 

 

Square Metres

68 m²
Price/m²£4.4K/m²

Value Estimate

£309,000
BMV3%

 

 

End Value (After Refurb)

£445,983

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£32,318

Bridging Loan Interest

£7,875

Total Cash In

£135,643

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£445,983

Agent Fees (1%)

£4,460

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£80,880

Local Sold Prices

20 sold prices from £210K to £1.3M, average is £331.5K. £2.9K/m² to £6.8K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£259.9K06/210.13 miFlat 1, Tivoli, Tower Gate, Preston, Brighton, East Sussex BN1 6WT2
£230.8K05/210.26 miFlat 16, Manhattan Court, Tongdean Lane, Preston, Brighton, Brighton And Hove BN1 6XZ2
£225K12/220.29 miFlat 81, Windsor Court, Tongdean Lane, Withdean, Brighton, Brighton And Hove BN1 5JS2
£210K08/230.29 miFlat 103, Windsor Court, Tongdean Lane, Withdean, Brighton, Brighton And Hove BN1 5JS2
£275K12/200.43 mi3 Surrenden Lodge, Surrenden Road, Brighton, Brighton And Hove BN1 6QB2
£370K12/200.43 miBasement Flat, 67, Preston Drove, Brighton, Brighton And Hove BN1 6LA2
£415K09/210.44 mi28a, Loder Road, Brighton, Brighton And Hove BN1 6PJ2
£443.5K01/210.6 mi89a, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HF2
£340K11/200.7 mi66a, Lowther Road, Brighton, Brighton And Hove BN1 6LH2
£340K06/210.77 mi95a, Sandgate Road, Brighton, Brighton And Hove BN1 6JP2
£308.5K11/210.81 miFlat 69, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£300K11/200.81 miFlat 46, Fairways, Dyke Road, Brighton, Brighton And Hove BN1 5AD2
£270K10/210.83 mi45, Havelock Road, Brighton, Brighton And Hove BN1 6GL2
£422.5K05/210.84 miGround Floor Flat, 1, Park View Terrace, Brighton, Brighton And Hove BN1 5PW2
£390K02/210.85 mi29b, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA2
£1.3M01/210.9 mi39, Stanford Avenue, Brighton, Brighton And Hove BN1 6GA2
£331K10/230.96 miTop Flat, 28, Grantham Road, Brighton, Brighton And Hove BN1 6EE2
£585K09/230.96 miApartment 27, Preston Mansions, Preston Park Avenue, Brighton, Brighton And Hove BN1 6HP2
£310K01/210.97 mi9 Woodland Court, Dyke Road Avenue, Hove, Brighton And Hove BN3 6DN2
£332K01/230.97 mi3 Woodland Court, Dyke Road Avenue, Hove, Brighton And Hove BN3 6DN2

Local Rents

50 rents from £1.1K/mo to £2.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.02 miLeahurst Court Road, BRIGHTON2
£1,50003/250.02 mi-2
£1,42002/240.04 mi-2
£1,60012/240.09 miLaine Close, BN12
£1,45012/240.1 miVarndean Road, Brighton2
£1,15012/240.11 mi-2
£1,40012/240.11 miCliveden Close, BRIGHTON2
£1,39511/230.13 mi-2
£1,40012/240.13 miLondon Road, Preston, BRIGHTON2
£1,40012/240.15 miCliveden Court, Brighton, BN12
£1,40012/240.15 miCliveden Court, Brighton, BN12
£1,30012/240.16 miCliveden Close, Brighton, East Sussex, BN12
£1,47512/240.18 miKingsmere, London Road, Brighton, BN1 6UW2
£1,35002/240.19 mi-2
£1,45002/250.19 mi-2
£1,49512/240.22 miStation Road, Preston, Brighton2
£1,47501/240.26 mi-2
£1,45012/240.26 miCarlton House, Preston Road, Brighton2
£1,35012/240.28 miLondon Road, BN12
£1,50012/240.29 miThe Park Apartments2
£1,49512/240.32 miLondon Road, Preston2
£1,30012/240.33 miPreston Road, Brighton, BN1 6SW2
£1,30012/240.37 miRobertson Road, BRIGHTON2
£1,50002/250.38 mi-2
£1,40012/240.4 miLondon Road, BN12
£1,47512/240.4 miMandalay Court, London Road - P16122
£1,47512/240.4 miMandalay Court, London Road - P16122
£1,47512/240.4 miMaldon Road, Brighton, BN12
£1,47512/240.4 mi-2
£1,50012/240.41 mi18 Harrington Villas, Brighton, East Sussex, BN12
£1,40012/240.42 miMatlock Road, Brighton2
£1,75012/240.42 miMandalay Court, Brighton, East Sussex, BN1 8QW2
£2,50012/240.43 miNorth Road, Preston Village, Brighton, East Sussex, BN12
£1,30012/240.43 miPreston Drove2
£1,80002/250.44 mi-2
£1,80012/240.44 mi-2
£1,65003/250.45 mi-2
£1,77001/250.45 mi-2
£1,60012/240.45 miTivoli Crescent, Brighton2
£1,45012/240.46 miSouth Road, Brighton2
£1,50012/240.48 miDyke Road Avenue, Brighton, BN12
£1,50001/250.48 mi-2
£1,45012/240.49 miSouth Road, BN12
£1,22512/240.53 miHomeleigh, London Road, Brighton, East Sussex, BN12
£1,50012/240.53 miCompton Road, Brighton, East Sussex, BN12
£1,49501/250.54 mi-2
£2,15002/250.54 mi-2
£2,25001/250.54 mi-2
£1,65012/240.54 miInwood Crescent, Brighton2
£1,30002/250.54 mi-2

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

2.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £300,000

March 3, 2025

Floor Plans

Description

  • Spacious purpose built flat +
  • Two double bedrooms +
  • Situated on the top floor +
  • Balcony with space for table & chairs +
  • 17' Living room +
  • Wide entrance hallway with space for a desk +
  • Potential to improve +
  • Long lease +
  • Excellent location within easy reach of Preston Park Station +
  • Internal inspection highly recommended +

GUIDE PRICE £300,000 - £325,000

This spacious top-floor flat is located on Leahurst Court Road in the vibrant city of Brighton, within close proximity of Preston Park and the mainline station. This purpose-built property boasts well-proportioned rooms, including a large entrance hallway, a spacious reception room, two cosy bedrooms a bright bathroom and a large kitchen/breakfast room.

With a generous 785 sq ft of living space, this flat offers ample room for comfortable living. The highlight of this property is undoubtedly the balcony, perfect for enjoying your morning coffee or soaking up the afternoon sun.

Although the flat requires some modernisation, this presents a fantastic opportunity for you to put your own stamp on the place and create a home tailored to your taste.

Situated in a desirable location, this property benefits from a long lease, providing you with peace of mind for years to come. Don't miss out on the chance to own a piece of Brighton in this lovely flat on Leahurst Court Road.

Communal Entrance -

Stairs Rising To All Floors -

Entrance -

Entrance Hallway -

Living Room - 5.44m x 3.43m (17'10 x 11'3) -

Kitchen - 4.72m x 3.58m (15'6 x 11'9) -

Bedroom - 3.66m x 3.48m (12' x 11'5) -

Bedroom - 3.56m x 2.77m (11'8 x 9'1) -

Family Bathroom -

Outside -

Balcony -

Communal Gardens -

Property Information - 136 years remaining on lease
Service Charge - £2,213.65 p/a
Ground Rent - £20.00 p/a
Council Tax Band B: £1,818.49 2024/2025
Utilities: Mains Gas and Electric. Mains water and sewerage
Parking: Residents Parking
Broadband: Standard 18 Mbps, Superfast 187 Mbps. Ultrafast 1000 Mbps available (OFCOM checker)
Mobile: Good coverage (OFCOM checker)

Agent Details

Spencer & Leigh, Brighton

01273 021369

Next Steps?

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