100 Sirius, 6 The Boardwalk, Brighton Marina, Brighton

Description

A two bedroom sixth floor flat, approximately 852 sq ft. Presented in good condition. The flat forms part of a purpose built block and benefits from a private balcony.

Accommodation

Two bedroom sixth floor flat, approximately 852 sq ft; private balcony.

Location

Located on The Boardwalk, accessed off Marina Way and The Waterfront. A variety of shops, restaurants and bars are available closeby in the centre of Brighton. The recreational amenities of Brighton Beach and East Brighton Park are closeby. Road links via the A27. Transport: Brighton Railway Station - National Rail.

Tenure / Property Information

Investment Analysis

The £250,000 guide is below the supplied Brighton Marina comparable sales of £340,000, £405,000, £477,090, £535,000 and £570,000. However, all comparables relate to a different recorded address and no bedroom count, floor area, condition, outlook or specification is supplied, so they cannot support a reliable GDV for this 852 sq ft two-bedroom flat. The flat is described as being in good condition, but no inspection evidence or lease information is available. No supported market value or maximum bid can therefore be calculated.

Investment Snapshot

Strategy Recommendation

Do not commit on the current evidence alone. Treat the £250,000 guide as an initial viewing and due-diligence figure only; obtain comparable evidence for this specific flat, confirm the tenancy and lease position, and establish all auction and seller charges before considering a purchase.

Works Required

No specific refurbishment works are supported by the evidence; the flat is described as being in good condition. Inspection should verify the internal condition, balcony, common parts and any required compliance or maintenance works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable because there is no evidence-based GDV, rent, refurbishment budget, tenure or refinance valuation. The guide price alone is insufficient to calculate refinance proceeds or cash left in.

Buy-to-Let Analysis

The property is stated to be let, but no passing rent, asking-rent evidence or tenancy terms are supplied. Rental yield, affordability and net income cannot be established. Buyer fees, possible VAT and seller charges are also not quantified.

Flip Analysis

The supplied sales indicate a wide range of values at the same marina location, but the comparables are not sufficiently matched to this flat. A flip surplus cannot be calculated without a supported GDV, works budget and selling-cost allowance.

Investor Risks & Due Diligence

• No passing rent, tenancy terms or sufficiently specific rental comparables are supplied despite the property being stated as let.

• Tenure, lease length, service-charge information and other lease liabilities are not supplied.

• Buyer fees, VAT treatment and potential seller charges are not quantified.

• The supplied sales are for a different recorded address and lack matching bedroom, size, floor and specification details.

• No EPC, council tax, parking or heating information is supplied.

• The good-condition description is not supported by a survey or detailed inspection.

Recommendation

Do not commit on the current evidence alone. Treat the £250,000 guide as an initial viewing and due-diligence figure only; obtain comparable evidence for this specific flat, confirm the tenancy and lease position, and establish all auction and seller charges before considering a purchase.

Strategy Rating

Analysis Confidence

The property size, bedroom count, condition description and guide price are supplied, but there is no specific rental evidence, no tenure or lease details, no costs schedule and no sufficiently matched comparable evidence.