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Phoenix Place, Brighton, East Sussex - Image 1
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Phoenix Place, Brighton, East Sussex

South East

£700,000
Listed on 18/02/2026

Property Details

Bedrooms
9
Type
Detached house

Description

This former pub presents a compelling opportunity for investors, with planning permission already secured to transform the space. The proposed development includes creating a modern commercial unit on the ground floor and converting the upper floors into diverse residential accommodations: a 7-bedroom House in Multiple Occupation (HMO) on the first floor, alongside two separate two-bedroom apartments on the second level and a three-bedroom flat situated in the roof space. Notably, dormer windows will enhance both aesthetics and living space across all elevations. Located adjacent to The Phoenix Community Centre and art space, this property is ideally positioned near the revitalized London Road area, ensuring easy access to transport links that connect residents to both the city centre and local university campuses—a key advantage for potential HMO rental yield.

Investment Analysis

(BN2 area)
Area Average
£479/sq ft
Avg Rent (weekly)
£555
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
78
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BN2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -2.1%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on BN2 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

Phoenix Place, Brighton, East Sussex
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 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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