51 Ladysmith Road, Brighton, BN2 4EH

Description

Vacant 2 x Bedroom Mid-Terraced House. Freehold 2-bedroom mid terrace house comprising 2 reception rooms and a kitchen to the ground floor, with 2 bedrooms and bathroom on the first floor. The property has the benefit of a private rear garden.

Accommodation

Living Room - 3.60 x 3.30; Dining Room - 3.50 x 3.30; Kitchen - 2.90 x 2.30; Bathroom - 2.10 x 2.0; Bedroom (1) - 4.30 x 3.60; Bedroom (2) - 3.30 x 3.30; Total Floor Area - 71.01 sq.m.

Location

Ladysmith Road is located to the west side of Saunders Park. There are a wide range of shops, cafes, bars and other amenities close by, in Lewes Road to the west of the property. Brighton mainline station is less than 2 miles from the property, (London Victoria 62 mins).

Tenure / Property Information

Investment Analysis

Same-road sold comparables range from £325,000 to £625,000, with the latest two at £325,000 and £350,000. Bedroom count and condition are not provided for the comparables, so a £350,000 base GDV is indicative only.

Investment Snapshot

Strategy Recommendation

Proceed only after viewing and legal-pack review, with verified rental evidence and a fully costed works assessment. Do not rely on the advertised rent or base GDV alone.

Works Required

No specific works are evidenced. Inspection is required to assess condition, compliance and any refurbishment requirement.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £350,000 indicative GDV, 75% refinancing equates to £262,500. The refinance position cannot be assessed fully because refurbishment costs, fees and total project cost are unknown.

Buy-to-Let Analysis

The supplied £4,100 pcm figure is an advertised asking rent and is not confirmed as achievable or property-specific. On the £250,000 guide it implies a 19.68% gross yield, but this should not be relied upon without rental validation. Unknown works and disbursements prevent a total-cost yield calculation.

Flip Analysis

A £350,000 base GDV against the £250,000 guide suggests potential headroom, but refurbishment, selling costs, buyer fees, disbursements and condition are not sufficiently evidenced. No reliable flip surplus can be calculated.

Investor Risks & Due Diligence

• Wide variation in same-road sold prices and unknown comparable specifications.

• The £4,100 pcm rent is advertised asking rent, not achieved rent or confirmed for this property.

• Property condition and refurbishment costs are unknown.

• Administration fee and potentially payable legal-pack disbursements increase total acquisition cost.

• No parking or heating information is supplied.

Recommendation

Proceed only after viewing and legal-pack review, with verified rental evidence and a fully costed works assessment. Do not rely on the advertised rent or base GDV alone.

Strategy Rating

Analysis Confidence

There are several same-road completed sales, but comparable bedroom counts and condition are unknown; rent is only an advertised asking figure, while works and additional costs are unprovided.