Palace Auctions (London) LTD, London

Dyke Road, Sussex

Guide price

£150,000

Auction

Size

538.19

Tenure

Leasehold

EPC

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Parking

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Primary use
Residential development
Other use(s)
Residential development

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Natural light
  • Open plan

Key features

  • Vacant apartment in central Brighton BN1, ideal for full refurbishment or redevelopment.
  • Offered by public auction on 24th June 2026 with vacant possession on completion.
  • Prime location close to Brighton Station, seafront, and city centre amenities.
  • Significant value-add potential for investors, developers, or owner-occupiers.
  • Legal pack available for download from Palace Auctions website.
  • No onward chain – immediate access post-sale for works or redevelopment.
  • Apartment within a purpose-built block, suitable for modernisation.
  • Strong rental demand and capital growth prospects in BN1 regeneration area.
  • Guide price available on request; competitive auction bidding expected.
  • Buyers’ premium applies; see legal pack for full terms and conditions.

Description

Leopold House Brighton Auction Apartment – Full Renovation Opportunity
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Headlines :
This is a rare opportunity to acquire a vacant apartment in central Brighton BN1, requiring full refurbishment, offered by public auction on 24th June. Ideal for investors and developers seeking value-add potential in a prime regeneration area.
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Listing URL

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Auction Date
24th June 2026
Introduction: Brighton Auction Apartment Opportunity in Leopold House BN1
Welcome to a unique Brighton auction apartment opportunity in the heart of BN1. Leopold House presents a vacant apartment requiring full refurbishment or redevelopment, offered by Palace Auctions London. This is a rare chance for investors, developers, or owner-occupiers to secure a property with significant value-add potential in one of Brighton’s most sought-after postcodes. The auction takes place on 24th June 2026, and the property is sold with vacant possession, allowing immediate commencement of works. With strong demand for renovation projects and ongoing regeneration in central Brighton, this opportunity is not to be missed.
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Prime Location and Regeneration Potential
Leopold House is situated in central Brighton BN1, a location renowned for its vibrant lifestyle, excellent transport links, and ongoing regeneration. The apartment is within easy reach of Brighton Station, the seafront, and the city’s renowned shopping, dining, and cultural attractions. The BN1 postcode commands an average property price of £486,854, reflecting the area’s enduring appeal and investment potential. Major regeneration projects, including the Royal Pavilion Estate and Preston Barracks, are transforming the local landscape, further enhancing capital growth prospects for well-located properties like this Brighton auction apartment opportunity.
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Full Renovation or Redevelopment Required
This vacant apartment is offered as a full renovation or redevelopment opportunity. The property is unmodernised and requires comprehensive refurbishment throughout, making it ideal for those seeking a project with scope to add significant value. Whether you are an experienced investor, a developer looking for your next project, or an owner-occupier with a vision, this Brighton auction apartment opportunity provides a blank canvas in a prime location. The apartment is within a purpose-built block, offering flexibility for modernisation and potential reconfiguration, subject to necessary consents.
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Auction Details and Legal Pack
The Brighton auction apartment opportunity at Leopold House will be sold by public auction on 24th June 2026. The auction is conducted by Palace Auctions London, a leading specialist in residential and commercial property auctions. The property is offered with vacant possession, ensuring immediate access for refurbishment or redevelopment works post-completion. Interested parties are encouraged to download the legal pack from the Palace Auctions website, which contains essential documents including title information, special conditions of sale, and any relevant searches. Early review of the legal pack is strongly recommended to ensure a smooth bidding process.
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Investment Highlights and Market Context
Brighton’s BN1 market is renowned for its robust capital values and strong rental demand. Flats in the city achieve average sold prices of £190,573, with auction guide prices for renovation apartments typically ranging from £140,000 to £195,000. Refurbished apartments in central Brighton can command gross rental yields of 7–8.3%, making this Brighton auction apartment opportunity particularly attractive for buy-to-let investors and portfolio builders. The city’s ongoing regeneration, coupled with its status as a major employment and cultural hub, underpins long-term growth prospects for well-located properties requiring modernisation.
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Buyer Profiles and Demand
The Brighton auction apartment opportunity at Leopold House is expected to attract a diverse range of buyers. Investors seeking capital growth and high rental yields will appreciate the scope for value uplift through refurbishment. Developers will be drawn to the potential for redevelopment or reconfiguration, subject to planning. While first-time buyers are less common at auction for full renovation projects, the lower entry price and central location may appeal to those with vision and access to refurbishment finance. The property’s vacant status and no onward chain ensure a straightforward transaction for all buyer types.
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Planning, Permitted Development, and Compliance
All refurbishment or redevelopment works at Leopold House must comply with Brighton & Hove City Council’s planning policies and building regulations. While internal modernisation may fall under permitted development rights, any external alterations or changes of use will require formal consent. Buyers are advised to consult the local planning authority and review the legal pack for site-specific constraints. The Community Infrastructure Levy (CIL) may apply to certain redevelopment schemes, and all buyers must complete anti-money laundering checks and register to bid with Palace Auctions London.
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Auction Process and Terms
The Brighton auction apartment opportunity is offered by public auction, providing a transparent and competitive buying environment. The auction will be held on 24th June 2026, with bidding available online and in person. A buyer’s premium is payable on top of the final bid price; full details are provided in the legal pack. The successful bidder will be required to pay a deposit (typically 10%) on the fall of the hammer, with completion usually within 28 days. All interested parties should ensure they have reviewed the legal pack, arranged finance, and registered to bid in advance of the auction date.
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Material Information and Compliance
In line with Rightmove’s material information requirements, the following details are provided for this Brighton auction apartment opportunity:
• Tenure: Leasehold (details in legal pack)
• Council Tax Band: To be confirmed (see legal pack)
• EPC Rating: To be confirmed (see legal pack)
• Parking: On-street/resident permit (subject to council policy)
• Building Safety: No adverse records; see legal pack for compliance documents
• Legal Pack: Available for download from Palace Auctions website
• Buyer’s Premium: Payable; see legal pack for details
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Why Invest in Brighton BN1?
Brighton BN1 is one of the UK’s most dynamic property markets, offering a blend of lifestyle, connectivity, and investment potential. The area benefits from excellent transport links to London and the South East, a thriving cultural scene, and a strong local economy. Ongoing regeneration projects are enhancing the city’s appeal, with new homes, commercial space, and improved public realm. For investors and developers, the Brighton auction apartment opportunity at Leopold House represents a chance to secure a property in a high-demand location with scope for significant value creation through refurbishment or redevelopment.
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Viewing Arrangements and Next Steps
Viewings for the Brighton auction apartment opportunity at Leopold House are available by appointment through Palace Auctions London. Early viewing is recommended to assess the scope of works required and to inform your bidding strategy. Interested parties should download the legal pack, complete anti-money laundering checks, and register to bid ahead of the auction date. For further information, contact Palace Auctions London or visit our auction catalogue and valuation services pages for guidance on buying at auction and property appraisal.
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Internal and Outbound Links
• Palace Auctions Auction Catalogue
• Palace Auctions Valuation Services
• GOV.UK – Buying Property at Auction
• Rightmove – Buying at Auction Guide
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Summary and Call to Action
In summary, this Brighton auction apartment opportunity at Leopold House BN1 offers a rare chance to acquire a vacant property with substantial refurbishment or redevelopment potential in a prime central location. With strong investor demand, robust rental yields, and ongoing regeneration in the area, this is an ideal project for those seeking to add value and benefit from Brighton’s dynamic property market. The auction takes place on 24th June 2026, with vacant possession and a comprehensive legal pack available. For expert advice, viewing arrangements, or to register your interest, contact Palace Auctions London today or visit our auction catalogue. For guidance on buying at auction, see GOV.UK’s property auction advice or Rightmove’s auction guide.
Key Finding:
This is a standout Brighton auction apartment opportunity for investors and developers. Act now to secure your place at the 24th June auction and unlock the full potential of Leopold House, BN1.
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For further advice or to arrange a viewing, contact Palace Auctions London – for any auction services.
Palace Auctions (London) LTD, London

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Planning permission
None
Leasehold: 60 years left
Tenure
Leasehold
Length of lease
60 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Brochure

Dyke Road, Sussex

NEAREST STATIONS

National Rail

Brighton Station

0.23 miles

National Rail

London Road (Brighton) Station

0.73 miles

National Rail

Hove Station

1.18 miles

About Palace Auctions (London) LTD, London

Palace Auctions (London) LTD, London

Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.

Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.

Contact our Mayfair office for a confidential discussion about your property needs.

11 Old Bond Street, London, W1S 4PN | 07971033276 or 0207 101 3647

Opening Hours: Mon–Sat 5am–8:30pm

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Disclaimer - Property reference ers10000080620264. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Palace Auctions (London) LTD, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.