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South East
£650,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This four-bedroom terraced house in the sought-after Balfour area of Brighton presents a solid opportunity for renovation enthusiasts. Although the asking price of £650,000 translates to £504/sqf, which is slightly above the local average of £499/sqf, it remains a reasonable entry point for a property with such versatile living spaces. The home requires updating, featuring dated interiors throughout, including a kitchen and bathroom that could greatly benefit from modernisation. The living areas also show signs of wear but offer generous space for family life.
The property boasts a good location, close to local amenities and well-regarded schools, making it ideal for families looking for room to grow. The garden, while in need of some attention, offers potential for outdoor enjoyment. However, it's worth noting that all-in costs (purchase price plus renovation) appear tight against local benchmarks, which may affect potential margins. With a renovation budget estimated between £40,000 and £80,000, buyers can reimagine this space to increase its value. Overall, this property holds promise for those willing to invest in its transformation.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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