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New England Rise, Portslade, Brighton BN41 - Image 1
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New England Rise, Portslade, Brighton BN41

South East

£275,000
Listed on 22/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
821 sqft

Description

This semi-detached two-bedroom home in Mile Oak, Portslade, presents a significant opportunity for those looking to invest in a property with renovation potential. Currently laid out as a three-bedroom residence, it requires comprehensive modernization throughout and is offered on a sold-as-seen basis, enhancing its appeal for buyers prepared to undertake substantial improvement work. Nestled in a quiet area yet conveniently close to local amenities and schools such as Mile Oak Primary School and Portslade Aldridge Community Academy, this property benefits from excellent transport links including quick access to the A27. With appropriate permissions, there is ample scope for extension and enhancement, making it an attractive project for those with vision looking to create a comfortable family home in this desirable part of East Sussex.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£335/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£390,952
10% above area average per sq ft
Potential ROI
+16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +8.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +15.0%
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

New England Rise, Portslade, Brighton BN41
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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
£974
Based on a loan of £206,250 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.

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