Vernon Terrace, Brighton, East Sussex BN1
South East
£275,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
3Type
FlatDescription
A three-bedroom property of approximately 1,200 sq ft on Vernon Terrace, Brighton. The listing describes it as requiring significant repairs and complete refurbishment, with scope for improvement and modernisation. It was sold before being brought to the open market and is no longer available for viewings.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: LOW
At £275,000, the asking price works out at about £229 per sq ft against a local average of £499, making the low entry price a clear opportunity to acquire a substantial three-bedroom property on Vernon Terrace. The approximately 1,200 sq ft gives a buyer scope to rethink the layout and modernise the whole home; the intact-looking terrace frontage and decorative details offer character to build on.
The listing describes significant repairs and complete refurbishment, but the submitted photos show only the exterior, so the internal scope cannot be verified. The overall score is held back by the scale of the stated works and limited renovation economics data, rather than by the price comparison.
Key opportunities
- Use the approximately 1,200 sq ft across three bedrooms to rework the layout and create a more modern home.
- A full refurbishment offers scope to improve the property throughout while retaining the character of the decorative terrace frontage.
Key risks
- The listing calls for significant repairs and complete refurbishment throughout, making this a substantial budget and programme commitment rather than a cosmetic refresh.
- No interior condition evidence is supplied, so the extent of repairs and the renovation economics are not yet established.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,039
Based on a loan of £206,250 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.
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