Flat 59, Argus Lofts, Robert Street, BRIGHTON, East Sussex, BN1 4AY

Description

Leasehold fourth floor flat The property is located on Robert Street. A comprehensive range of shops, bars and restaurants can be found within Brighton. Public transport links are available at Brighton Train Station and at London Road Train Station both lying to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A27 located to the north and the A259 lying to the south east. Recreational pursuits can be found locally and along the sea front. Accommodation: One bedroom, reception room open plan to kitchen, shower room/wc EPC Rating: C Council Tax Band: D Lease: Held on a lease for a term of 999 years from 01/01/2002 at a ground rent of £250 per annum. To view: 28/8, 5/9 at 10am No booking required – Please arrive at the time stated

Location

Property located at Flat 59, Argus Lofts, Robert Street, BRIGHTON, East Sussex, BN1 4AY.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £250 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆