1-bedroom flat · BN3 7LP
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property, benefiting from a new lease and offering beautiful distant views towards the sea, occupies the entire top floor and is sold with no onward chain.
It should definitely be on your viewing list. You enter the flat via an integral staircase that leads to a spacious landing area, providing extra storage.
From the landing, you access the open-plan lounge, which features a high-specification kitchen with integrated appliances.
The generously sized double bedroom has direct access to the shower room, which can also be accessed from the landing. Additional storage space is conveniently located in the eaves.
The bright and airy interior showcases white walls and grey carpets, creating a contemporary feel.
Other noteworthy features include a share in the freehold, and local shops, along with the Grenadier pub, are within easy walking distance.
There are also good transport links to and from the city centre. Early viewing is highly recommended through the seller's chosen agent, Spencer & Leigh.
Nb: Please note that some images have been artificially staged.
Entrance Hall Open Plan Kitchen & Living Room (3.71m x 3.30m (12'2 x 10'10)) Bedroom (4.32m x 3.66m (14'2 x 12')) Shower Room (2.95m x 1.32m (9'8 x 4'4)) Property Information 124 years remaining on lease Service Charge - £1,070.00 p/a No Ground Rent Council Tax Band A: £1,719.63 2026/2027 Utilities: Mains Gas and Electric.
Mains water and sewerage Parking: Un-restricted on street parking Broadband: Standard 5 Mbps, Superfast 80 Mbps & Ultrafast 1800 Mbps available (ofcom checker) Mobile: Good coverage (ofcom checker)
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 Flat 3, 216, Hangleton Road, Hove
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