Flat 2, 24, Windlesham Gardens, Brighton, East Sussex, BN1 3AJ

Description

Leasehold ground floor self-contained flat. Full vacant possession. 3D Tour available.

Accommodation

Bedroom, reception room, kitchen, bathroom

Location

The property is located on Windlesham Road. A comprehensive range of shops, bars and restaurants can be found within Brighton. Public transport links are available at Brighton Train Station to the north east and Hove Train Station to the west, along with local bus services. Road links include the A23 to the south and the A27 to the north. Recreational pursuits can be found along the seafront.

Tenure / Property Information

Investment Analysis

Two recent Land Registry sales at the same address were £155,250 and £172,000 in January-February 2026. As the evidence does not identify the flat numbers, floor areas or condition, these are only indicative comparables. A simple midpoint produces a base GDV of £163,625, with the two sales used as low and high scenarios. The £115,000 guide is below these recorded prices, but lease costs, condition and any seller fees remain unknown.

Investment Snapshot

Strategy Recommendation

Potentially suitable for a buy-to-let purchase at or near the guide, subject to confirming the new lease terms, service charge, ground rent, rentability and property condition. Do not commit without the legal pack and a full costed inspection.

Works Required

No specific defects or works are evidenced. Allow for inspection-led maintenance or refurbishment only after reviewing the 3D tour, legal pack and viewing; EPC E should be investigated for any required improvement works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a base GDV of £163,625, 75% refinance is approximately £122,719. The guide plus the known £1,800 admin charge is £116,800 before works, finance, tax and any seller fees, indicating only a theoretical margin of approximately £5,919 before those unknown costs. BRRR viability therefore depends on lease charges, condition, finance terms and actual valuation.

Buy-to-Let Analysis

The advertised £1,350 pcm rent implies £16,200 annual gross rent and a 14.09% gross yield against the £115,000 guide, before the £1,800 admin charge, service charge, ground rent, maintenance, finance, tax and other fees. This is asking-rent evidence rather than achieved rent, and lease costs are unavailable, so net yield cannot be established.

Flip Analysis

The indicative base GDV is £163,625, based on the midpoint of two recent same-address sales. No refurbishment budget, selling-cost allowance or other project costs are supported, so a reliable flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• Lease information is awaited, including term, service charge, ground rent and review provisions.

• The £1,350 pcm figure is an advertised asking rent, not an achieved or passing rent.

• The two recent same-address comparables are not confirmed as the same flat and no floor areas or condition are supplied.

• EPC rating is E, with no evidence of improvement costs or requirements.

• Additional seller fees may be payable under the Special Conditions of Sale.

• No condition survey or quantified refurbishment budget is provided.

Recommendation

Potentially suitable for a buy-to-let purchase at or near the guide, subject to confirming the new lease terms, service charge, ground rent, rentability and property condition. Do not commit without the legal pack and a full costed inspection.

Strategy Rating

Analysis Confidence

Recent same-address sold evidence and one advertised rental are available, but flat identity, size, condition, lease costs, service charges, ground rent, seller fees and refurbishment requirements are not provided.