2-bedroom flat · BN3 3PS
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CASH BUYERS ONLY A well-proportioned two-bedroom lower ground floor apartment, within a popular and well-maintained purpose-built block in a highly sought-after central Hove location.
The property benefits from the valuable addition of a private parking space and offers excellent scope for modernisation and improvement, making it an appealing opportunity for buyers looking to add value.
The living room is a generous, well-balanced space, comfortably accommodating both seating and dining areas and providing an ideal setting for everyday living and entertaining.
The separate kitchen is of good size and layout, offering plenty of potential to be reconfigured or updated to suit modern tastes.
There are two bedrooms, including a spacious principal bedroom with fitted wardrobes, alongside a second bedroom which would work well as a guest room, child’s bedroom or home office.
The flat is served by a bathroom and a separate WC, adding to the practicality of the layout and further scope for upgrading.
The property would now benefit from cosmetic updating, allowing an incoming purchaser to personalise the space and enhance its overall presentation.
The building itself is well regarded and popular, appealing to both owner-occupiers and investors.
Situated on The Drive, one of Hove’s most desirable and well-known addresses, the flat is ideally positioned within easy walking distance of Hove mainline station, the seafront and the excellent range of shops, cafés, bars and restaurants along Church Road.
With everything central Hove has to offer on the doorstep, this property represents a great opportunity to acquire a spacious flat with parking in a prime location, with clear potential to add value.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Drive, Hove, East Sussex, BN3
Explore nearby