Property · BN3 7EL
For saleListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Access to the garage compound is halfway down Aldrington Avenue on the left .
The garages are adjacent to Kensetts Factory and are approximately 1 minute walking distance to Aldrington Station in a secure gated compound with LED lighting.
This is a freehold sale with road access and garages can be bought as a block purchase or individually. Rare to find in this area. Will need new roofs and doors but walls are up and usable.
On the site there are 6 previously sold garages that have already been refurbished so you can see the potential.
As they are near Aldrington station they may be of value to a commuter or rental potential or for use of parking vehicles and storage.
They are all spacious, being taller and wider than the average garage: The 10 garages have an internal size wall to wall width of 9 feet / 2.75 metres, and the height from the floor to the underside of the joists is 8 feet & 6 inches / 2.6 metres.
The 2 extra larger garages have a wall to wall width of 10 feet / 3 metres & 5 cms. And they have a floor to underside of joist height of 8 feet & 6 inches / 2.6 metres.
The total length of an extra large garage is 19 feet & 6 inches / 6 metres, meaning these two garages available could easily accommodate a large van or campervan in each one .
No electric or mains water are supplied to any of the garages at present but enquiries have been made.
As you can see from the plan the vehicle access road is coloured in brown and the garage outlines in red, one garage on the west side of the garage compound and the other 11 on the East Side in a row.
As stated in the advert the 10 large garages are £33,000 each and the two extra large garages are £38,000 each . All offers on block and individual garages will be considered.
When enquiring please quote IATA33951
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 Aldrington Avenue, Aldrington Avenue, Hove
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