Summary - PRESTON LODGE, 10 FLAT 8 LITTLE PRESTON STREET BRIGHTON BN1 2HQ
3 bed 1 bath Flat
Spacious three-bedroom apartment ideal for investors or central living buyers.
Three double bedrooms with open-plan kitchen/living space
Short walk to Brighton seafront and city centre amenities
Share of freehold; chain-free sale for simpler ownership transfer
For sale by auction — 10% deposit and buyer admin fee apply
Located in a very high crime, locally deprived area (affects desirability)
Single bathroom for three double bedrooms may limit sharer rentals
Average-sized 892 sq ft flat; some communal exterior maintenance evident
Fast broadband and excellent mobile signal suit tenants and remote workers
This split-level three double-bedroom apartment sits between Brighton’s seafront and city centre, offering strong rental appeal to students and professionals. At about 892 sq ft the flat provides spacious living and an open-plan kitchen/living area on the second floor, with bedrooms and a bathroom on the top floor. Its central location, short walk to the beach and fast broadband make it attractive to short‑term or longer‑term tenants.
The property is sold at online auction (10th December 2025) with an unconditional buyer commitment: a minimum 10% deposit on the fall of the hammer plus a Buyers Administration Fee (currently £1,200 + VAT) and fast completion terms. It is chain free and offered with a share of freehold, which can be beneficial for control over management and longer-term costs.
Buyers should note material negatives plainly: the building sits in a very high crime and locally deprived area, which may affect rental income and appeal to some occupiers. There is a single bathroom for three double bedrooms, which could limit sharer tenancy configurations. The apartment is average sized overall and the communal exterior shows signs of wear consistent with an older modernist block—some maintenance and cosmetic updating will likely be required.
For investors, the combination of coastal location, nearby amenities and a student/professional catchment supports lettability, but factor in auction fees, required works and local area challenges when assessing yield. For an owner-occupier seeking central coastal living, the split-level layout and three double bedrooms offer flexible space, provided you accept the urban neighbourhood characteristics.
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