2-bedroom flat · BN3 7NE
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this two bedroom ground floor flat in sought after Hove location. Accommodation comprises two bedrooms, living room, shower room, separate kitchen, large rear garden.
Offered to the market with no onward chain. SEPARATE STREET ENTRANCE: ENTRANCE HALL: Radiator, understair storage cupboard.
BEDROOM ONE: Range of built in wardrobe, cupboard and fitted shelving, Radiator, UPVC double-glazed windows. BEDROOM TWO: Radiator, UPVC double-glazed window.
LOUNGE: Period style fireplace, UPVC double-glazed doors to rear garden, radiator, fitted shelving. REAR LOBBY: Radiator.
SHOWER ROOM: Shower cubicle with dual thermostatic apparatus, vanity unit, WC, Chrome towel radiator, UPVC double-glazed window.
KITCHEN: Fitted with range of laminate topped base units with matching eye level wall cupboards, integrated slimline dishwasher, space and plumbing for washing machine, stainless steel sink unit with mixer tap, integrated fridge freezer, cupboard housing 'Vaillant' gas fired combi boiler, inset four burner gas hob with electric oven, cooker hood over, UPVC double-glazed door to rear garden.
OUTSIDE: Good sized rear garden laid as lawn with mature trees and shrubs, decked area, side access, large wooden garden room (requires some attention). TENURE.........
Leasehold (To include Share of Freehold) LEASE..........999 years MAINTENANCE...........
paid on an 'as and when' basis VIEWING By appointment with HANOVER HOMES telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Tenure: Share of Freehold
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
FAQ
About Nevill Avenue, Hove
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