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Chester Terrace, BN1

South East

£675,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
614 sqft

Description

This charming bay-fronted Victorian home presents an exciting opportunity for renovation and investment in one of Brighton's most desirable neighborhoods. The property features three bedrooms, along with the potential to convert the loft space into a fourth bedroom, subject to necessary consents. Upon entering, you are greeted by a welcoming entrance hall that leads to a spacious lounge with a classic bay window, allowing for plenty of natural light. Adjacent is the dining room, which flows into the kitchen breakfast room—ideal for family gatherings. A utility room provides additional practicality on the ground floor. The first floor comprises three well-proportioned bedrooms and a bathroom along with a separate W.C., accommodating both families and guests comfortably. The layout offers ample scope for modernizing or reconfiguring spaces to suit your preferences. Outdoor space is equally inviting, featuring a formal front garden and a walled rear garden filled with established shrubs, adding to the property's privacy. A timber garden shed and greenhouse provide extra storage and gardening potential. Located on a picturesque tree-lined street, this home benefits from proximity to excellent schools, shopping options, and efficient public transport links. Preston Park, encompassing 65 acres of green space, is just a short stroll away, enhancing the appeal of this vibrant area. With its current need for modernization and improvement, this property offers significant renovation potential. Additionally, there may be opportunities for expansion or reimagining the existing layout (subject to local council approvals). This makes it an ideal prospect for investors or those seeking a project that can transform it into a contemporary living space while maintaining its period charm.

Investment Analysis

(BN1 area)

Above Market Value

This property is priced +117.1% above area average per sq ft

+117.1%
This Property
£1,099/sq ft
Area Average
£506/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£341,989
10% above area average per sq ft
Potential ROI
-53.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BN1)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 0.2%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on BN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Chester Terrace, BN1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE