Summary - 323 - 325 MILE OAK ROAD PORTSLADE BRIGHTON BN41 2RB
2 bed 1 bath Ground Flat
Two-bedroom ground-floor flat with private courtyard and ready rental income..
Open-plan kitchen/lounge/diner with patio doors to private courtyard
Two generous bedrooms — good sizes for a two-bed flat
Large hallways provide extensive built-in storage
Leasehold with c.112 years remaining — standard long lease term
Service charge approx £2,000pa; ground rent £150pa
Currently tenanted; tenants prepared to remain (income-producing)
Area classed as very deprived; local crime levels are high
Small overall property size (approx 593 sq ft) and average broadband
This ground-floor two-bedroom flat in Mile Oak Road offers a practical, modern layout ideal for first-time buyers or investors seeking immediate rental income. The open-plan kitchen/lounge/diner is bright and roomy, with patio doors opening to a private courtyard — a rare outdoor space at ground-floor level. Generous hallways provide useful built-in storage, and both bedrooms are a comfortable size for this property type.
The flat is currently tenanted and produces a solid yield for investors; tenants are willing to remain, offering straightforward continuity. The lease has around 112 years remaining, and running costs include a service charge of about £2,000pa and a small ground rent of £150pa. Heating is mains gas via a boiler and radiators, and the property benefits from double glazing installed post-2002.
Location is a key selling point: immediate access to local shops (including a Co-op), pubs and regular bus routes, plus quick links to the A27 for commuting. Mobile signal is excellent and schools nearby have good Ofsted ratings, making the area suitable for families stepping onto the ladder.
Buyers should be aware of material drawbacks: the area is classed as very deprived with higher local crime levels, and the building sits in a neighbourhood described as “hampered”, which may affect future value and resale speed. Broadband speeds are only average. Overall, this is a pragmatic, well-located flat that suits a buyer seeking affordable entry or an investor wanting an occupied, income-producing property.
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