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Marine Parade, Brighton, East Sussex, BN2

South East

£300,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
914 sqft

Description

This lower ground floor flat, located on the Kemptown seafront, features two bedrooms and two bathrooms within approximately 85 sq m (914 sq ft) of space. While the property needs considerable updating to reach its full potential, it offers a fantastic investment opportunity for those looking to create a desirable coastal retreat. The large living area is particularly notable for its size, providing ample room for both relaxation and dining — ideal for those wishing to design their perfect living space. The separate kitchen is equally in need of modernization, allowing future owners to tailor it to their personal style and requirements. Both bedrooms are well-proportioned, with the principal room extending impressively in length, which could be creatively redesigned for optimal use. The presence of two bathrooms adds convenience and versatility, catering well to varied lifestyles or guests. Despite showing signs of wear and requiring refurbishment throughout, this property is situated in a sought-after location, granting easy access to the vibrant atmosphere that Kemptown offers. With a share of freehold included and no onward chain complicating the process, this flat promises significant upside potential for any renovator willing to invest some time and resources into revitalizing it.

Investment Analysis

(BN2 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£328/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£537
Avg Yield
6.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£480,883
10% above area average per sq ft
Potential ROI
+41.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN2)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -2.7%
5 year growth: +4.9%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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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