2-bedroom flat · BN3 6ER
For saleReduced £50k (−11.1%) on 14 OctListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic two-bedroom converted flat, occupying the entire ground floor of this attractive double-fronted detached building, situated in an extremely well-regarded location in central Hove.
Newly refurbished throughout and offered in excellent decorative order, the property benefits from a fantastic sized private rear garden, immediate vacant possession and either the entire freehold or a 50% share.
Approached via a front patio and its own private entrance, the accommodation comprises a spacious entrance hall, living/dining room, two good sized double bedrooms, modern shower room, separate WC and a modern kitchen/breakfast room with a door leading to the rear garden.
The property has been extensively refurbished throughout, including a new kitchen, shower room and WCs, together with brand new double glazing and a new central heating system and boiler.
Both the double glazing and central heating system benefit from 10-year guarantees/warranties. There is also a brand new roof and a 1,051-year lease remaining.
To the rear is a fantastic sized private garden with lawn and patio areas, together with handy side access.
Garden flats of this quality and with such extensive improvements are rarely available, and early and internal viewing is highly recommended.
Avondale Road is well positioned for the amenities of central Hove, with Church Road, George Street and the seafront all within easy reach.
Hove Green and St Ann’s Well Gardens are also close by, while Hove Station is accessible for direct rail services towards London.
The surrounding area offers a good choice of shops, cafés, restaurants and everyday amenities.
Living Room (4.24m x 3.63m (13'11" x 11'11")) Bedroom (3.33m x 3.05m (10'11" x 10'0")) Bedroom (3.63m x 2.72m (11'11" x 8'11")) Kitchen (3.48m x 2.64m (11'5" x 8'8")) Shower Room Cloakroom
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 5, Avondale Road, Hove
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