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St. Richards Road, Portslade, BN41

South East

£350,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
861 sqft

Description

This three-bedroom mid-terraced house presents a promising opportunity for first-time buyers and investors alike. The property boasts an open-plan living and dining area that is flooded with natural light thanks to its French doors, creating a welcoming environment. It includes two spacious double bedrooms alongside a versatile third bedroom which can function as either a single room or a home office. One notable feature is the installation of modern solar panels, which not only contribute to improved energy efficiency but also generate potential income. The property holds significant potential for extension, subject to obtaining the necessary planning permissions, allowing future occupants to tailor the space to their preferences. Positioned conveniently with reliable transport links to Brighton and Hove, it caters well to both commuters and families, making it an attractive proposition for those looking for comfort and adaptability in a developing area. This property's layout and existing features provide an excellent foundation for further enhancements.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£407/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,326
10% above area average per sq ft
Potential ROI
+5.5%
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
25%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -3.0%
5 year growth: +12.9%
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

St. Richards Road, Portslade, BN41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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