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Sussex Square, Kemptown, Brighton

South East

£550,000
Listed on 24/09/2025

Property Details

Bedrooms
3
Type
Flat
Area
1895 sqft

Description

This spacious three-bedroom maisonette, set within a distinguished Grade I Listed Building, presents a compelling opportunity for renovation and investment. Spanning approximately 1,900 square feet across the garden and ground floor levels, this property is currently in need of comprehensive refurbishment but comes with the necessary planning permissions and listed building consent for transformation. The proposed alterations allow for significant reconfiguration of the interior space. Notably, plans include removing two internal walls to create an expansive open-plan living area that would seamlessly connect to the front and rear courtyards through new French doors. This could dramatically enhance both natural light and flow throughout the ground floor, turning it into a welcoming and functional living environment. In addition to its interior potential, the residence boasts a private rear courtyard and an elevated terrace on the first floor. Residents also have exclusive access to beautifully landscaped communal gardens within Sussex Square—offering secure outdoor amenities that are rare in urban settings. These gardens provide an idyllic backdrop and include tunnel access to the seafront, making it easy to enjoy coastal walks or nearby amenities. With its prime location and architectural significance, this property offers substantial investment potential for those willing to bring their vision to life. The combination of historical charm, generous layout possibilities, and access to desirable outdoor spaces makes this maisonette a unique opportunity for both homeowners and investors alike. Full details on planning consents can be provided through the legal pack or by contacting the auction team for further clarification.

Investment Analysis

(BN2 area)

Below Market Value

This property is priced -39.9% below area average per sq ft

-39.9%
Potential saving
This Property
£290/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£495
Avg Yield
5.6%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£1,007,439
10% above area average per sq ft
Potential ROI
+46.5%
After renovation
Monthly Sales
76
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (BN2)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -1.6%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on BN2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sussex Square, Kemptown, Brighton
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