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Locks Hill,Portslade,Brighton,BN41 2LD

South East

£350,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1012 sqft

Description

This three-bedroom terraced home offers a promising opportunity for investors or those looking to personalise their living space in the desirable area of Portslade. While the property is currently in a liveable state, it requires general updating throughout, making it an ideal canvas for gradual improvements. The appealing westerly aspect rear garden enhances its charm, providing ample outdoor space that is perfect for gardening enthusiasts or family gatherings. The layout features a spacious hallway leading to a light-filled reception room with a bay window and a dining area, as well as a galley kitchen equipped with a breakfast bar and access to an extension featuring utility space. Upstairs, you will find three bedrooms, including a generous main bedroom with built-in wardrobes and pleasant views. Notably, the shower room includes essential fixtures but would benefit from modernisation. Located within walking distance of local parks, schools, and transport links, this property presents an attractive proposition for buyers looking to add value and create their ideal home over time.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£346/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£487,136
10% above area average per sq ft
Potential ROI
+28.2%
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

Locks Hill,Portslade,Brighton,BN41 2LD
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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
£1,249
Based on a loan of £262,500 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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