A first-time buyer named Biro purchased a £1 million home in Brighton without a mortgage.

We've always wanted to purchase our own home.

September 7th 2024.

A first-time buyer named Biro purchased a £1 million home in Brighton without a mortgage.
Hey there! Welcome to this week's edition of What I Own, where we get to chat with homeowners about their journey to owning a property. Last week, we took a trip down memory lane and revisited some of our favorite What I Own and What I Rent columns, featuring everything from houseboats to compact apartments. Today, we're taking things seaside as we head to Brighton in East Sussex to speak with 36-year-old Biro Florin, who purchased his stunning townhouse for a whopping £1 million back in 2023.

But before we dive into the details of Biro's beautiful property, let's get to know him a little better. Biro is an entrepreneur, investor, and podcast host of Misfit Founders, where he shares the stories of small business owners. Originally from Romania, Biro has lived in both London and Brighton before settling in his current home. Let's hear more about his journey to homeownership.

Biro and his partner were able to purchase their property in cash, thanks to selling their successful B2B tech business a few months prior. Their stunning townhouse is located in the Preston Park neighborhood, just a short 20-minute walk from the city center. Biro mentions that the quiet and peaceful residential area is a welcome change from their previous homes in the bustling cities of Brighton and London. And with Biro getting older, he's definitely enjoying the peacefulness.

Moving in back in April of 2023, Biro and his partner have been living in their dream home for quite some time now. Their property cost a grand total of £1 million, and they were able to pay in full without the need for a deposit. Biro shares that their monthly cost of living, including bills, is around £1,500 with no mortgage to worry about.

Now, let's take a closer look at the property itself. Biro's townhouse boasts a beautiful and chic kitchen, a cozy working-from-home set-up, and a spacious podcast studio and office. Biro mentions that they have a lot of space to work and socialize, making it the perfect home for them as working professionals.

When asked about their inspiration for the interior decor, Biro explains that the previous owners of the property were interior decorators, so they made sure to fit in furniture and appliances that matched the stylish and high-end finishes of the house. Biro's favorite room is his podcast studio and office, where he spends most of his working day. He shares that the room's setup gives him inspiration and helps with his focus and creativity, thanks to the high-end cameras and filming equipment.

But it's not just about work in this house. Biro and his partner have made their property feel like a home by adding personal touches, such as getting a second puppy and decorating and painting without any restrictions. They even have a designated cinema room for movie nights and a bright and extended kitchen for lounging around during the day.

When asked about their future plans for housing, Biro shares that they plan to stay in their current home until their late 40s, and then they may consider moving to a bigger property in the countryside or even abroad. But for now, they're happy and content with their stunning townhouse in Brighton.

Before we end our tour, let's take a look at some of the beautiful features of Biro's property, including a gorgeous sun spot, a cozy reading nook, and even a disco ball! Biro also shares some wise words of advice for anyone looking to buy a home. He recommends working with a property search agent with a lot of connections, as it was a massive help for them in finding the perfect property and connecting with trustworthy suppliers and solicitors.

Well, that's all for today's edition of What I Own. We hope you enjoyed getting a peek into Biro's stunning townhouse in Brighton. If you're interested in being featured in our What I Rent or What I Own series, please email us with pictures of your kitchen, living room, bathroom, bedroom, and a few photos of yourself in your living area. Don't worry, we're not just looking for the prettiest places out there – we want to show the reality of renting and homeownership. So, whether you're living in a place you hate or have a fixer-upper in the works, we'd love to see it all. Until next time, happy house hunting!

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