Sold STC Flat

BASEMENT FLAT

49A, GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE BN2 3QE

2 beds 1 baths 47 m² Listed 7 Oct 2024 (-651d)

£300,000

Guide Price

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# 2 bedroom apartment for sale (BN2 3QE)

## Property Details

| Key | Value |
|-----|-------|
| Address | BASEMENT FLAT, 49A, GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE BN2 3QE |
| Price | £300,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £305,000 May 2025 |

## Description

**** **** Located in a quiet residential cul-de-sac just off the vibrant Lewes Road, this superb spacious lower ground floor flat will make an ideal first home, buy to let investment or second property / holiday home near the sea. It has been fully refurbished throughout to a high standard and has its' own separate street entrance giving you that extra bit of privacy.

Internally accommodation comprises of entrance hall, a wonderful bay fronted lounge / modern kitchen to the front, two bedrooms, modern shower room and a fantastic sunny rear garden which is a perfect space for a little sunbathing or al fresco dinning. There is also no onward chain here, meaning you can pack your bags and move straight in.

Living here you'll really appreciate the hustle and bustle of City centre life with a wide variety of independent shops, coffee houses, cafes, restaurants and supermarkets just moments from your doorstep on Lewes and London Roads. Also close by is our famous seafront, The Level park, trendy North Laine and Brighton mainline railway station with its' direct links to Gatwick & London Victoria for anyone who commutes. You'll certainly never be bored or short of things to do living here and you're sure to experience that cosmopolitan lifestyle that Brighton is so well known for!

**LOWER** **GROUND** **FLOOR** ****

**ENTRANCE** **HALL** ****

**SITTING** **ROOM/KITCHEN** **15' 4" x 12' 6" (4.67m x 3.81m)**

**BEDROOM** **ONE** **12' 4" x 7' 7" (3.76m x 2.31m)**

**BEDROOM** **TWO** **12' 7" x 8' 7" (3.84m x 2.62m)**

**SHOWER** **ROOM** ****

**OUTSIDE** ****

**REAR** **PATIO** **GARDEN** ****

## Property Photos

- ![1](/listings/photos/153467855/1328493) - 1
- ![10](/listings/photos/153467855/1328494) - 10
- ![6](/listings/photos/153467855/1328495) - 6
- ![2](/listings/photos/153467855/1328496) - 2
- ![3](/listings/photos/153467855/1328497) - 3
- ![9](/listings/photos/153467855/1328498) - 9
- ![7](/listings/photos/153467855/1328499) - 7
- ![8](/listings/photos/153467855/1328500) - 8
- ![5](/listings/photos/153467855/1328501) - 5
- ![4](/listings/photos/153467855/1328502) - 4
- ![11](/listings/photos/153467855/1328503) - 11

## Floorplans

- ![Floorplan 1](/listings/photos/153467855/1328504) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/153467855/1328505) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 49A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £305,000 | 22/05/2025 | Flat |
| 49A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £236,000 | 31/03/2016 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 GROUND FLOOR FLAT LADYSMITH ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4EJ | £300,000 | 09/01/2026 | Flat |
| 96 FLAT 1 LEWES ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3QA | £122,000 | 09/01/2026 | Flat |
| 27 FLAT 4 SHANKLIN ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3LP | £160,000 | 15/12/2025 | Flat |
| 11A SHANKLIN ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3LP | £240,000 | 15/12/2025 | Flat |
| 95 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £271,000 | 12/12/2025 | Flat |
| 40 FLAT 1 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £197,000 | 31/10/2025 | Flat |
| 32 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £345,000 | 01/08/2025 | Flat |
| VIADUCT LOFTS FLAT 30 MELBOURNE STREET, BRIGHTON, BRIGHTON AND HOVE, BN2 3BN | £312,500 | 06/06/2025 | Flat |
| 48 LOWER GROUND FLOOR GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £200,000 | 28/04/2025 | Flat |
| 14 FLAT 2 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £205,000 | 28/03/2025 | Flat |
| 36A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £290,000 | 23/10/2024 | Flat |
| 83 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £325,000 | 06/02/2024 | Flat |
| VIADUCT LOFTS FLAT 25 MELBOURNE STREET, BRIGHTON, BRIGHTON AND HOVE, BN2 3BN | £230,000 | 28/11/2023 | Flat |
| 105 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £301,500 | 28/11/2023 | Flat |
| 24 MAISONETTE GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £370,000 | 14/07/2023 | Flat |
| 187 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £245,000 | 05/04/2023 | Flat |
| 18A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD | £275,000 | 06/01/2023 | Flat |
| 37 FLAT 2 NEWMARKET ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3QG | £230,000 | 22/12/2022 | Flat |
| 141 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £260,000 | 28/11/2022 | Flat |
| 127 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £348,275 | 25/11/2022 | Flat |
| [Same street] 21B BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £310,000 | 24/08/2022 | Flat |
| [Same street] 31 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £560,000 | 07/07/2022 | Terraced |
| [Same street] 19B BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £256,000 | 22/06/2022 | Flat |
| [Same street] 35 FIRST FLOOR FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £210,000 | 28/10/2021 | Flat |
| [Same street] 57 GROUND FLOOR FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £230,000 | 18/08/2021 | Flat |
| [Same street] 55A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE | £245,000 | 03/08/2021 | Flat |

**Street average:** £301,833 (6 sales)
**Area average:** £261,364 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £273,311 (107 Flat, BN2, 2024–2026)
- **Deviation:** +9.8%

## Rental Range

*ONS Price Index of Private Rents (Brighton and Hove). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,634/mo
- **Realistic:** £1,816/mo
- **Optimistic:** £1,998/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Brighton and Hove (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £227,000
- **Target investor price (1%):** £181,600

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -14.9%
- **10y growth:** 3.1%

## House Price Index (HM Land Registry)

*Official index for Brighton and Hove; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -3.1%
- **5y growth (index):** -0.2%
- **10y growth (index):** 15.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

47 m²

Last sold

£305,000 May 2025

Local average

£273,311 (+9.8%)

Deprivation

Decile 5 (15,963 of 33,755)

Street crime

793 incidents within 1 mile (May 2026)

Key features

A fantastic two bedroom lower ground floor apartment
Rear garden
No onward chain
Private front entrance
Good decorative order
***Guide Price £300,000 - £325,000***
Popular residential location moments from vibrant Lewes Road
Perfect home or investment

Additional details

Garden: Yes

Description

** Located in a quiet residential cul-de-sac just off the vibrant Lewes Road, this superb spacious lower ground floor flat will make an ideal first home, buy to let investment or second property / holiday home near the sea. It has been fully refurbished throughout to a high standard and has its' own separate street entrance giving you that extra bit of privacy.

Internally accommodation comprises of entrance hall, a wonderful bay fronted lounge / modern kitchen to the front, two bedrooms, modern shower room and a fantastic sunny rear garden which is a perfect space for a little sunbathing or al fresco dinning. There is also no onward chain here, meaning you can pack your bags and move straight in.

Living here you'll really appreciate the hustle and bustle of City centre life with a wide variety of independent shops, coffee houses, cafes, restaurants and supermarkets just moments from your doorstep on Lewes and London Roads. Also close by is our famous seafront, The Level park, trendy North Laine and Brighton mainline railway station with its' direct links to Gatwick & London Victoria for anyone who commutes. You'll certainly never be bored or short of things to do living here and you're sure to experience that cosmopolitan lifestyle that Brighton is so well known for!

LOWER GROUND FLOOR

ENTRANCE HALL

SITTING ROOM/KITCHEN 15' 4" x 12' 6" (4.67m x 3.81m)

BEDROOM ONE 12' 4" x 7' 7" (3.76m x 2.31m)

BEDROOM TWO 12' 7" x 8' 7" (3.84m x 2.62m)

SHOWER ROOM

OUTSIDE

REAR PATIO GARDEN **

Listed by

Brighton

Phillips & Still ltd

Reference: 153467855

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

29% since 2016

Event	Date	Price	% change
Sold	22/05/2025 (1 year ago)	£305,000	+29.2%
Sold	31/03/2016 (10 years ago)	£236,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
4 GROUND FLOOR FLAT LADYSMITH ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4EJ	£300,000	09/01/2026	Flat
96 FLAT 1 LEWES ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3QA	£122,000	09/01/2026	Flat
27 FLAT 4 SHANKLIN ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3LP	£160,000	15/12/2025	Flat
11A SHANKLIN ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3LP	£240,000	15/12/2025	Flat
95 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£271,000	12/12/2025	Flat
40 FLAT 1 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£197,000	31/10/2025	Flat
32 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£345,000	01/08/2025	Flat
VIADUCT LOFTS FLAT 30 MELBOURNE STREET, BRIGHTON, BRIGHTON AND HOVE, BN2 3BN	£312,500	06/06/2025	Flat
48 LOWER GROUND FLOOR GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£200,000	28/04/2025	Flat
14 FLAT 2 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£205,000	28/03/2025	Flat
36A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£290,000	23/10/2024	Flat
83 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£325,000	06/02/2024	Flat
VIADUCT LOFTS FLAT 25 MELBOURNE STREET, BRIGHTON, BRIGHTON AND HOVE, BN2 3BN	£230,000	28/11/2023	Flat
105 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£301,500	28/11/2023	Flat
24 MAISONETTE GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£370,000	14/07/2023	Flat
187 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£245,000	05/04/2023	Flat
18A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QD	£275,000	06/01/2023	Flat
37 FLAT 2 NEWMARKET ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 3QG	£230,000	22/12/2022	Flat
141 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£260,000	28/11/2022	Flat
127 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB	£348,275	25/11/2022	Flat
Same street 21B BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£310,000	24/08/2022	Flat
Same street 31 GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£560,000	07/07/2022	Terraced
Same street 19B BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£256,000	22/06/2022	Flat
Same street 35 FIRST FLOOR FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£210,000	28/10/2021	Flat
Same street 57 GROUND FLOOR FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£230,000	18/08/2021	Flat
Same street 55A BASEMENT FLAT GLADSTONE PLACE, BRIGHTON, BRIGHTON AND HOVE, BN2 3QE	£245,000	03/08/2021	Flat

Street average: £301,833 (6 sales)

Area average: £261,364 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -14.9%

10y growth 3.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Brighton and Hove. Series: Flats and maisonettes. As of April 2026.

1y (index) -3.1%

5y (index) -0.2%

10y (index) 15.1%

Rental Range

Estimated market rent for Brighton and Hove. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,634/mo

Realistic £1,816/mo

Optimistic £1,998/mo

Based on Local Authority from postcode lookup → Brighton and Hove.

LHA (30th percentile) floor for Brighton and Hove: £1,197/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View BN2 3QE

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Sainsbury's Lewes Road	0.1 miles
Bus stop	Lewes Road Bus Garage	0.1 miles
Shop	Unknown	0.1 miles
University	University of Brighton Moulesecoomb Campus	0.4 miles
Train station	London Road (Brighton)	0.6 miles
University	University of Brighton Phoenix Halls	0.6 miles
Train station	Moulsecoomb	0.7 miles
Hospital	Eye Hospital	1.3 miles
Hospital	The Montefiore Hospital	1.5 miles

Street-level crime

Category	Count
Anti-social behaviour	231
Violence and sexual offences	205
Shoplifting	117
Public order	55
Criminal damage and arson	38
Other theft	36
Drugs	25
Vehicle crime	17
Robbery	15
Bicycle theft	14
Burglary	14
Other crime	14
Possession of weapons	9
Theft from the person	3
Total incidents	793

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Martin's CofE Primary School	Primary	0.1 miles	Good — 1 Jul 2024
Fairlight Primary School	Primary	0.2 miles	Good — 16 Jan 2015
Coombe Road Primary School	Primary	0.3 miles	Good — 10 Jul 2017
Elm Grove Primary School	Primary	0.4 miles	Good — 11 Oct 2017
St Joseph's Catholic Primary School	Primary	0.4 miles	Good — 4 Mar 2013

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

This street 11.7% gross yield avg £302,286 sale, £2,950/mo rent

Rent ratio 0.61%

Max investor price (0.8%) £227,000

Target investor price (1%) £181,600

This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).