3-bedroom flat · BN3 3PS
For saleReduced £25k (−5.9%) on 25 JunListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Drive Lodge development in Hove, this spacious three-bedroom apartment offers an excellent opportunity to purchase a well-proportioned home in a prime residential location.
The property is held on a long lease with approximately 186 years remaining and is positioned within a well-maintained, purpose-built block benefiting from lift access.
The building is neatly presented throughout, reflecting the quality and care taken in its ongoing management.
The apartment provides generous and well-balanced accommodation, with a particular highlight being the large sitting and dining room.
This impressive living space is ideal for both everyday living and entertaining, offering excellent natural light and direct access to two private balconies.
These outdoor spaces provide a welcome extension of the living area and are perfect for relaxing or enjoying the outlook.
There are three good-sized bedrooms, making the property suitable for families, professionals, or those seeking flexible accommodation.
The principal bedroom benefits from its own ensuite shower room, offering privacy and convenience, while the remaining bedrooms are served by a separate, well-appointed family bathroom.
All bedrooms offer good proportions and versatility for use as guest rooms or home offices if required. The kitchen is thoughtfully arranged with ample storage and worktop space.
The overall layout of the apartment is practical and flowing, with a clear separation between living and sleeping areas, enhancing comfort and versatility.
The property has been well maintained and presents a neutral canvas for a purchaser to personalise.
Drive Lodge is ideally located in a highly desirable part of Hove, close to a wide range of local shops, cafés, and amenities, as well as excellent transport links into Brighton, London, and beyond.
The seafront and nearby green spaces are also within easy reach, making this an ideal home for those seeking space, convenience, and a superb coastal lifestyle.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Flat 28, Drive Lodge 68-70, The Drive, Hove
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