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Mile Oak Road, Portslade, Brighton, BN41 2RB - Image 1
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Mile Oak Road, Portslade, Brighton, BN41 2RB - Image 11

Mile Oak Road, Portslade, Brighton, BN41 2RB

South East

£400,000
Listed on 08/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
961 sqft

Description

This mid-terraced house, featuring a charming bay front, is positioned in the desirable Mile Oak area of Portslade. Set back from the road, it offers potential for off-road parking (subject to necessary consents). The property boasts a spacious west-facing rear garden accessible from the shared lane at the end, presenting opportunities for landscaping and enhancement. Currently available without any chain, this residence has been extended to include four bedrooms over three levels, making it suitable for families looking for room to grow. While the home is generally well-presented and has recently been rented out, a refresh and modernization would significantly elevate its appeal. The ground floor welcomes you with an arched porch leading into a bright hallway. The expansive living room flows into a dining area totaling 25 feet in length and features patio doors that open onto the garden—ideal for those considering an open-plan kitchen diner concept by combining the adjacent kitchen. The kitchen itself is modern with ample storage provided by sleek light grey gloss cabinets and includes built-in appliances such as an oven and gas hob. A utility area with space for additional appliances leads directly to the garden. On the first floor, two generously sized double bedrooms benefit from natural light and lovely views, while a third bedroom serves well as a single or study space. The family bathroom is fully tiled, featuring essential fixtures that could be updated to enhance comfort. The second-floor main bedroom benefits from generous dimensions and enjoys natural light through a Velux window. There is potential to add a dormer extension (subject to planning) for added space and perhaps even an ensuite. Outdoor spaces include a tiered rear garden that requires some upgrading—this could become a vibrant retreat with thoughtful landscaping efforts. The front lawn adds privacy due to its setback from the road. Located in Mile Oak—a peaceful residential enclave near scenic paths of The South Downs National Park—this home is conveniently close to local shops and amenities, schools, recreational facilities like Portslade Sports Centre, and with good transport links into Brighton and Hove. This property represents an ideal opportunity for buyers looking to infuse their personal style while enjoying ample growth potential.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£416/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£356
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£467,872
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +11.1% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on BN41 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

Mile Oak Road, Portslade, Brighton, BN41 2RB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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