Sold Flat

FIRST FLOOR FLAT

38 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE BN3 1FR

1 beds 1 baths 39 m² Listed 28 Nov 2025 (-191d)

£150,000

Guide Price

Save

Listing type

Auction

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5

/ 5

Property details

Listing category

Auction

Tenure

LEASEHOLD (146 years remaining on lease)

Floor area

39 m²

Council tax band

A

Last sold

£165,000 Jan 2026

Local average

£356,353 (-57.9%)

Deprivation

Decile 4 (13,015 of 33,755)

Street crime

1015 incidents within 1 mile (Mar 2026)

Key features

  • AUCTION SALE
  • 16 December 2025
  • EPC Rating - E
  • To view: 5/12, 10/12, 13/12, 15/12 at 10am

Additional details

Garden
Yes

Description

SUMMARY
AUCTION SALE 16 December 2025 - Long Leasehold First Floor Flat
Requires Updating and Modernisation
Full Vacant Possession
TO SELL YOUR PROPERTY IN OUR NEXT AUCTION CALL US NOW


DESCRIPTION
IMPORTANT ANNOUNCEMENT UPLOADED
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT THIS HAS BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract

Long Leasehold First Floor Flat
Requires Updating and Modernisation
Full Vacant Possession

3D Tour: Click Here

Location:
Set a little way back from the seafront, Lansdowne Street runs parallel to part of Lansdowne Place midway between Brighton and Hove. This residential street has the benefit of easy access to both Brighton and Hove centres whilst Hove Lawns and Beach is within approximately 10 minute walk. This popular coastal location offers wide ranging recreational pursuits, has great communication links including local bus services and rail connections at both Brighton and Hove stations.

Description:
The property forms part of this traditional mid terrace house and comprises a first floor self-contained flat accessed off the communal entrance, hallways and stairs. Internally it is offered in dated condition and now requires refurbishment and modernisation but, has the benefit of a long lease and a peppercorn ground rent.

Accommodation:
Entrance Hallway, One Bedroom, Reception Room, Kitchen, Bathroom/wc

EPC Rating: E

Council Tax Band: A

Tenure:
Held on an extended lease for a term of 189 years from 25/12/1982 (approx. 147 years unexpired) at a peppercorn ground rent.

To view: 5/12, 10/12, 13/12, 15/12 at 10am
No booking required - Please arrive at the time stated






Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Listed by

Hammersmith Auctions

Sequence (UK) Limited - Connells

Reference: 169809680

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

Floorplan 1

EPC Graphs

EPC

EPC

Price history

101% since 2011

Event Date Price % change
Sold 16/01/2026 (4 months ago) £165,000 +101.2%
Sold 11/03/2011 (15 years ago) £82,000

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
14 FLAT 1 PALMEIRA AVENUE, HOVE, BRIGHTON AND HOVE, BN3 3GB £515,000 18/12/2025 Flat
59 BASEMENT FLAT BRUNSWICK PLACE, HOVE, BRIGHTON AND HOVE, BN3 1NE £480,000 12/12/2025 Flat
GWYDYR MANSIONS FLAT 30 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £235,000 02/12/2025 Flat
GWYDYR MANSIONS FLAT 33B HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £290,000 25/11/2025 Flat
88 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FH £250,000 24/10/2025 Flat
8 FLAT 1 PALMEIRA AVENUE, HOVE, BRIGHTON AND HOVE, BN3 3GB £512,000 12/09/2025 Flat
24 FLAT 2 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FQ £225,000 22/08/2025 Flat
99A LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FN £382,500 11/08/2025 Flat
82 - 84 FLAT 5 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FH £330,000 15/12/2023 Flat
Same street 36 FLAT 3 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £225,000 15/11/2023 Flat
GWYDYR MANSIONS FLAT 33A HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £420,000 31/10/2023 Flat
12 FLAT 3 PALMEIRA AVENUE, HOVE, BRIGHTON AND HOVE, BN3 3GB £425,000 25/10/2023 Flat
PALMEIRA PLAZA, 63 FLAT 2 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1BA £565,000 19/10/2023 Flat
49 THIRD & FOURTH FLOOR FLAT 4 BRUNSWICK PLACE, HOVE, BRIGHTON AND HOVE, BN3 1NE £538,500 15/09/2023 Flat
PALMEIRA YARD, 75 3 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JN £450,000 05/06/2023 Flat
5 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FS £716,000 24/01/2023 Flat
LANSDOWNE MANSIONS, 110 - 112 FLAT 11 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FJ £366,000 22/12/2022 Flat
SOMERHILL LODGE FLAT 3 SOMERHILL ROAD, HOVE, BRIGHTON AND HOVE, BN3 1RU £270,000 19/12/2022 Flat
29 FLAT 1 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FS £310,000 19/12/2022 Flat
93 FLAT 3 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FN £435,000 15/12/2022 Flat
99 FLAT 4 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FN £375,000 13/12/2022 Flat
Same street 64 FIRST FLOOR FLAT LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £235,000 18/08/2022 Flat
Same street 60 FLAT 4 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £390,000 01/04/2022 Flat
Same street 64A LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £275,000 10/12/2021 Flat

Street average: £281,250 (4 sales)

Area average: £404,500 (20 sales)

Capital growth trend

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

5y growth 5.3%
10y growth 18.9%

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

1y (index) -6%
5y (index) -1.3%
10y (index) 13.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: SWANLANE ESTATES LIMITED (03822059)

Rental Range

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

Low £1,640/mo
Realistic £1,822/mo
Optimistic £2,004/mo

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

LHA (30th percentile) floor for Brighton and Hove: £918/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Lansdowne Road 0.0 miles
Bus stop Law Courts 0.1 miles
Shop Gwydyr Hairdressers 0.1 miles
Shop Aaron's bicycle shop 0.1 miles
Hospital The Montefiore Hospital 0.3 miles
Train station Hove 0.7 miles
Train station Brighton 0.9 miles
Hospital Aldrington House 1.1 miles
University University of Brighton Phoenix Halls 1.3 miles
University University of Brighton Moulesecoomb Campus 2.0 miles

Street-level crime

Category Count
Violence and sexual offences 252
Anti-social behaviour 202
Shoplifting 175
Public order 82
Other theft 78
Drugs 63
Criminal damage and arson 46
Other crime 33
Burglary 24
Vehicle crime 19
Robbery 14
Theft from the person 10
Bicycle theft 9
Possession of weapons 8
Total incidents 1015

Within 1 mile during Mar 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
Brunswick Primary School Primary 0.1 miles Requires improvement — 11 Jul 2024
Brighton Girls GDST Other 0.4 miles (No rating)
The Montessori Place Other 0.4 miles Outstanding — 28 Sep 2022
South England International School Other 0.4 miles Good — 2 May 2023
St Mary Magdalen Catholic Primary School Primary 0.5 miles Good — 5 Dec 2019

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 1.21%
Max investor price (0.8%) £227,750
Target investor price (1%) £182,200
  • 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).