Properties in the Lewes Road area are exceptionally poplar with buy to let investors. With the new development of the retail park, which now includes Aldi, B&Q, Hobbycraft and Costa, and the multi million pound new development of luxury student accommodation, prices in this area how seen an upturn in the recent years.
Once known for its rough edge and risky charm, this area has undergone a massive personality change and people are now flooding to experience what is hotly anticipated to be the new ‘place to be’ in Brighton.
Rental values are starting to creep up here, but it is very easy to see why! With everything you need on your door step, from fruit and veg shops, to supermarkets and DIY stores, you never need to venture very far. Whilst the majority of properties on Lewes Road itself are apartments, and could struggle against the street noise, head a few streets either side and you could just find your own little safe haven. These streets tend to be narrow, (many are 1 one residential streets) and offer terraced accommodation which usually have little back yards or terraces…a rarity in the heart of the city! These properties offer lovely bases to rent when you first move to Brighton, as it means you are in the heart of the city and can start to explore the different areas, whilst not having to venture that far!
Properties for sale around this area vary massively from one end of the road to the other. The end nearest the city centre is more expensive, stylish and individual; whereas at the other end (towards Moulsecomb), there tend to be council managed semi-detached houses which offer larger gardens and more space to spread out.
The brand new development of student accommodation is bound to change this area even further. The prediction is more bars, cafes and affordable eateries will be popping up over the coming year once the students move in, which will in turn help to build this area up in to a self-contained and popular area to explore. Take a look at the Universities plans, as they really are incredible!
Heading slightly away from Lewes Road itself towards the train station you will find 7 dials. This area feels a world away from its neighbour, with crisp white properties, tidied front gardens and an already established café culture. It is also extremely close to the train station and offers a vast range of properties. This area is, unsurprisingly, rather expensive for both sales and lettings, but it is worth keeping your eye out for a bargain as they do come up every now again. You can read here just how much fun you can have exploring 7 dials!