Lextons Auctions says ..

Property Oracle says ..

This one-bedroom apartment located on De Montfort Road in Brighton’s Hanover and Elm Grove area is being offered for sale by auction. The property boasts a generous size of 806.22 sq ft, including a loft conversion, which adds potential for extra space. Its location offers a blend of convenience and character, being close to various amenities, good schools (Fairlight Primary, St Martin’s Cofe Primary, and Elm Grove Primary are all within a short distance), and relatively easy access to transport links such as London Road train station.

However, the property’s condition appears to require substantial modernisation. The provided photographs reveal dated decor, worn carpets, and a kitchen and bathroom needing renovation. Potential buyers should factor in significant costs for refurbishment. The absence of a garden or outdoor space is also a notable point. The property is offered at a list price of £190,000. While comparative data on similar properties in the area is limited, prices in the vicinity range broadly, suggesting that further research into similar properties sold recently is needed to assess if this price is completely fair. Considering the renovation needed and the lack of outdoor space, the valuation is fair within the context of the local market but would need a thorough inspection by a qualified professional before any purchase is decided on. The auction format introduces an additional layer of uncertainty in terms of the final sale price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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