# 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 | | 105 BEAR ROAD, BRIGHTON, BRIGHTON AND HOVE, BN2 4DB | £301,500 | 28/11/2023 | Flat | | VIADUCT LOFTS FLAT 25 MELBOURNE STREET, BRIGHTON, BRIGHTON AND HOVE, BN2 3BN | £230,000 | 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:** £272,142 (108 Flat, BN2, 2024–2026) - **Deviation:** +10.2% ## 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:** 2.2% ## 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)