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New England Rise, Portslade, Brighton - Image 1
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New England Rise, Portslade, Brighton

South East

£275,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
312 sqft

Description

This semi-detached two-bedroom home presents a remarkable opportunity for renovation and investment, currently configured as a three-bedroom property. While the interior requires complete modernization, its existing layout and structure offer a solid foundation for creative redesign and improvement. Located in the tranquil neighborhood of Mile Oak in Portslade, East Sussex, this home benefits from a quiet residential atmosphere while remaining conveniently close to local amenities and transport links. The area is known for its community-oriented feel, making it an appealing choice for families or individuals looking to settle down. With potential for extension and enhancement—subject to obtaining the necessary permissions—this property invites buyers with a vision to reimagine the space according to their preferences. Whether you’re considering a complete overhaul or simply looking to upgrade certain elements, this house is primed for transformation into a comfortable family residence or a lucrative rental investment.

Investment Analysis

(BN41 area)

Above Market Value

This property is priced +101.7% above area average per sq ft

+101.7%
This Property
£881/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£149,996
10% above area average per sq ft
Potential ROI
-57.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +9.5% over the last 12 months
3 year growth: -1.1%
5 year growth: 16.7%
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

New England Rise, Portslade, Brighton
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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
£1,007
Based on a loan of £206,250 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