Robert Luff & Co says ..

Property Oracle says ..

This property on Bedford Street in Brighton’s Kemptown offers a mixed bag. The location is undeniably a significant strength. Kemptown is a vibrant area with much to offer residents, including easy access to the beach, shops, restaurants, and good transport connections. Proximity to well-rated schools is another plus point for families or investors targeting a rental market catering to families.

However, the property’s condition presents a significant challenge. The photographs reveal that the property is in need of substantial modernisation and refurbishment. Rooms appear dated and require updating throughout; the kitchens and bathrooms look especially tired and could benefit from complete overhauls. The level of work needed should be factored into any potential purchase price.

The lack of outdoor space is another significant drawback. The listing shows little to no garden area, which may limit the property’s appeal to buyers seeking a house with a garden. Therefore, the overall value of the property needs careful assessment.

The asking price of £1,000,000 needs to be considered in light of these factors. Whilst Kemptown properties can command high prices, this figure appears quite high, given the property’s condition and limited land. Potential buyers need to carefully weigh the cost of the required renovations against the property’s location and potential rental income. A thorough survey and costings for the renovations would be essential for any serious buyer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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