45 Stanmer Park Road, Brighton, East Sussex, BN1 7JL

Description

Vacant freehold mid terrace Victorian house with approximately 98.29 sq m (1,058 sq ft) GIA, an HMO licence in place, a rear garden and possible potential for a loft conversion subject to consents. Within walking distance to Fiveways, with its independent shops and cafes.

Accommodation

Ground floor: two rooms, further room through to kitchen. First floor: three rooms, bathroom. GIA approximately 98.29 sq m (1,058 sq ft).

Location

Preston Park Station is easily accessible. Within walking distance to Fiveways, with its independent shops and cafes. Blakers Park, Preston Park and Hollingbury Woods are all close by.

Tenure / Property Information

Investment Analysis

Five completed same-road freehold terraced sales range from £440,000 to £608,000, with a median of £475,000. The £608,000 sale is materially above the other evidence and no size, condition or specification adjustments are supplied. A base GDV of £475,000 is therefore used only as an indicative comparable-led estimate, with £440,000 to £608,000 as the observed evidence range.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal review and confirmation of HMO compliance. The guide-to-comparable spread may offer potential, but the absence of rent, condition, works and fee evidence prevents a firm BTL, BRRR or flip recommendation.

Works Required

No specific defects or required works are evidenced. Obtain a full inspection and verify the HMO licence, compliance requirements and any proposed loft-conversion consents before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £400,000 guide, 75% of the indicative £475,000 base GDV is £356,250, before any works, fees or finance costs. The refinance position cannot be fully assessed because refurbishment costs, buyer costs and other charges are not supplied.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The HMO licence is noted, but no room rents, operating costs, compliance costs or licence details are provided.

Flip Analysis

The indicative base GDV provides a £75,000 difference above the £400,000 guide before works, selling costs, finance and other charges. A reliable flip surplus cannot be calculated because condition, refurbishment costs, selling allowance and auction charges are unsupported.

Investor Risks & Due Diligence

• Property condition and any refurbishment requirement are not supplied.

• No sufficiently specific rental evidence is available, so income and yield cannot be assessed.

• HMO licence details and ongoing compliance requirements are not supplied.

• The possible loft conversion is subject to consents and is not an assumed value uplift.

• Additional seller or third-party charges may apply, but no amounts are provided.

• The completed comparables vary materially in price and no size, condition or specification adjustments are supplied.

Recommendation

Proceed only subject to inspection, legal review and confirmation of HMO compliance. The guide-to-comparable spread may offer potential, but the absence of rent, condition, works and fee evidence prevents a firm BTL, BRRR or flip recommendation.

Strategy Rating

Analysis Confidence

There are five completed same-road sales and clear tenure, size and occupancy information, but no condition report, rental evidence, refurbishment budget, buyer fees or detailed HMO information.