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Marine Parade, Brighton, East Sussex, BN2

South East

£300,000
Listed on 20/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
914 sqft

Description

This two-bedroom, two-bathroom lower ground floor flat is situated on the desirable Kemptown seafront, providing a generous living space of approximately 85 sq m. While the property currently requires comprehensive modernisation, it holds significant potential for buyers who are eager to enhance its appeal and value. The flat features spacious rooms including a large living area that can accommodate various layouts and designs. The separate kitchen presents an opportunity for a complete overhaul tailored to personal preferences. Both bedrooms are well-sized, and the presence of two bathrooms adds functionality for various living arrangements. With its share of freehold and no onward chain, this property is a promising investment for those looking to create their ideal coastal retreat in a vibrant community, close to local amenities and the beach.

Investment Analysis

(BN2 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£328/sq ft
Area Average
£479/sq ft
Avg Rent (weekly)
£555
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£481,436
10% above area average per sq ft
Potential ROI
+33.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Marine Parade, Brighton, East Sussex, BN2
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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
£1,082
Based on a loan of £225,000 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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