House · BN3 4FA
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beach Hut 451, Western Esplanade, Hove Paul's note - "We purchased Beach Hut 451 in autumn 2020, and as Brighton-born, Hove-bred locals, owning a beach hut had always been a bucket-list dream.
Since then, it has been a very special place for us. We have enjoyed wonderful times there, including hosting our wedding after-party at 451 in June 2022.
We now have a little girl, Loe, and as we are in the process of selling three property assets in Hove to purchase our family home, the cash from this sale needs to be deployed elsewhere.
We fully intend to buy another beach hut further down the line, but for now our focus has to be on our family home. 451 was purchased as a new build in November 2020 for £20,000.
Since then, we have invested around £2,500 into improvements and refurbishment, including £2,000 recently spent with Josh at Sussex Beach Hut Services, who was outstanding and comes highly recommended.
The paint has only just dried on that refurbishment.
We have also had the hut number and address beautifully hand-painted above the doors by Carl Smith Signwriter at a cost of £200 - a gift to the next owner.
We are asking £22,500, which we feel is a fair price for what is on offer here.
We see that as: £20,000 back on the original purchase price £2,000 to cover the council ownership transfer fee £500 contribution towards the 2026/27 licence fee For reference: Licence fee (2026/27): £534.27 per annum Business rates / council charge: £197.04 per annum, currently paid monthly by direct debit Brighton & Hove Council have recently installed 10 huts nearby and are marketing them at offers over £25,000, with no ownership transfer fee applicable.
We genuinely feel that 451 is on another level compared to those, and that £22,500 represents fair value.
We would ideally like to have this sold by the end of May, so the next owners can make the most of June, July and August - and September too, God willing.
Of course, you could also join the hardy beach hut crowd who enjoy them all year round. Get in touch and come and view 451."
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 451, Western Esplanade, Hove
Explore nearby