17 Gladstone Road, Portslade, Brighton, East Sussex

Description

End of terrace house with reception room, kitchen, three bedrooms, bathroom/WC, rear garden and potential for extension subject to consents. GIA approximately 74.5 sq m (801 sq ft). Well located for the amenities of Portslade.

Accommodation

Ground floor: reception room, kitchen. First floor: three bedrooms, bathroom/WC. Rear garden.

Location

Situated on the north side of Gladstone Road, to the west of its junction with Church Road. The A23 and A27 are easily accessible. Fishergate and Portslade rail stations are nearby, with Brighton station also accessible further east. Local shops and amenities are nearby, with the facilities of Brighton and Hove accessible to the east. Vale Park is to the east and Brighton and Hove Beach is within easy reach to the south east.

Tenure / Property Information

Investment Analysis

The five supplied Land Registry comparables are on Gladstone Road and range from £310,000 to £390,000, including £365,000 for 1 Gladstone Road completed on 30 October 2025. The subject is also a three-bedroom freehold house on the same road, but the comparable properties' floor areas and condition are not supplied. A base GDV of £365,000 is therefore used as an indicative estimate, with £320,000 as a low scenario and £390,000 as a high scenario. This is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain a survey, confirm auction special conditions and fees, and establish refurbishment and rental figures before considering a flip or refinance strategy.

Works Required

No specific defects or refurbishment requirements are evidenced. A full inspection is required. The described potential for an extension should be investigated separately and would be subject to the necessary consents.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A base GDV indication of £365,000 produces a notional 75% refinance amount of £273,750. Purchase, works, buyer costs and other auction charges are not fully evidenced, so total project cost, equity requirement and cash left in cannot be calculated reliably.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence, auctioneer rent estimate, or operating-cost information is supplied. The property is stated to have vacant possession.

Flip Analysis

The supplied comparables indicate a potential resale range of £320,000 to £390,000, with £365,000 used as the base GDV. A flip surplus cannot be calculated because condition, refurbishment costs, selling costs, buyer costs and additional auction charges are not supplied.

Investor Risks & Due Diligence

• Property condition and any required works are not evidenced.

• Comparable sale sizes and condition are not supplied, limiting GDV reliability.

• No sufficiently specific rental evidence is available.

• Buyer, administration and other auction charges are not quantified.

• Potential extension is subject to the necessary consents.

• Vacant possession is stated, but no letting or income history is supplied.

Recommendation

Do not bid on the current evidence alone. Obtain a survey, confirm auction special conditions and fees, and establish refurbishment and rental figures before considering a flip or refinance strategy.

Strategy Rating

Analysis Confidence

There are several same-road completed-sale comparables and clear property details, but comparable sizes and condition, property condition, rent, works costs and auction charges are unavailable.