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New England Rise, Portslade, Brighton

South East

£275,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
821 sqft

Description

This two-bedroom semi-detached property in Mile Oak, Portslade, presents a significant opportunity for investors and homeowners alike. Currently configured as a three-bedroom layout, it is in need of comprehensive modernization, allowing for customization to suit your personal style. The potential for extension and improvement exists (subject to obtaining necessary permissions), making this home a blank canvas for those with vision. Positioned in a quiet area with good access to local schools and parks, as well as convenient transport links via the A27, this property is offered chain-free and on a sold-as-seen basis. With strategic updates, this home could be transformed into an inviting family residence, providing both comfort and value in a desirable location.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£335/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£395,197
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +13.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£981
Based on a loan of £206,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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