Brighton · BN3 1DF · 2-bed

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Asking price
£475,000
£701/sqft · EPC D
Verdict
Overpriced by £116,442 vs 2-bed homes nearby
Estimated gross yields from current rental comps. Numbers are pre-cost — service, voids, mortgage, management still come off these.
Standard BTL
Best fit£1,475/mo
3.7% gross yield
Open-market tenant on a 12-month AST.
LHA / Section 8
£1,197/mo
3.0% gross yield
Council-paid tenant. Stable rent, longer tenancies, slight discount to market.
Council lease
£1,017/mo
2.6% gross yield
3–5 yr guaranteed-rent lease to a housing association. Hands-off.
Quick read across the buyer personas. ✅ = good fit · ⚠ = workable with caveats · ❌ = look elsewhere.
Family home
2-bed with EPC D — workable family setup.
Standard BTL
3.7% gross — won't cover costs at current rates.
Buy + rent later
Rent would cover most mortgage costs but you'd top up if it sat empty for a few months.
England (SDLT) · 75% LTV mortgage at 5.5% over 25 years (capital repayment).
Stamp duty
First-time buyer
£2,500
Home mover
£11,250
2nd home / BTL
£35,000
Mortgage @ 75% LTV
Asking price is roughly £116,442 above what 2-bed homes typically go for here.
You're paying £475,000. Comparable 2-bed homes in this area suggest a market price of around £358,558.
Contains HM Land Registry data © Crown copyright and database right.
Based on 951 live rentals in Brighton · 2-bed homes here average £1,761/mo.
Most landlords need 5%+ gross to break even after costs in this area, so this is tight as a fallback — worth running the numbers carefully.
Catchment area is the #1 driver of family-let demand and exit liquidity in the suburbs. Verify the local primary + secondary ratings before offering — an Outstanding catchment can add 5–10% to £/sqft; Inadequate is a permanent drag.
Catchments aren't published nationally; many schools use distance-from-school as the deciding factor. The links above give you the official data; only the local authority can confirm a specific year's catchment boundary.
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