2-bedroom flat · BN3 2NG
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extensively refurbished two-bedroom eighth-floor apartment situated within one of Hove’s most prestigious avenues, moments from the seafront and further benefiting from the considerable advantage of on-site parking.
15 Grand Avenue is a highly regarded and superbly maintained purpose-built development, where residents and visitors are immediately greeted by an impressive and immaculately presented entrance foyer.
Stepping inside this stylish and spacious 806 sq ft apartment, the quality of the refurbishment is immediately apparent.
The property has been finished to an excellent standard throughout, with contemporary flooring flowing seamlessly through the accommodation and large windows allowing an abundance of natural light to pour in.
The accommodation comprises two well-proportioned bedrooms, a separate cloakroom and a luxurious modern bathroom suite.
Completing the accommodation is a beautifully designed, sleek contemporary kitchen featuring stylish lighting, stone worktops and an excellent range of fitted cabinetry and appliances.
Meanwhile, the generously sized 20ft living room provides a wonderful space in which to relax, dine and entertain.
A particular benefit of the property is the on-site parking, a genuine rarity in such a prime central Hove location and an increasingly valuable asset for properties this close to the seafront.
Living at 15 Grand Avenue also offers a genuine sense of community.
The building and its grounds are exceptionally well managed and maintained, with the added benefit of a live-in caretaker helping to ensure the day-to-day running and presentation of the development remains to an excellent standard.
There are few better locations in central Hove than Grand Avenue.
At the bottom of the road are Hove seafront, the beach and the open green spaces of Hove Lawns, whilst at the top lies the vibrant Church Road thoroughfare, where residents are spoilt for choice with an excellent selection of independent coffee shops, restaurants, bars, supermarkets and boutique stores.
Excellent bus services are also close at hand, providing convenient access throughout Brighton & Hove, whilst Hove railway station is within easy reach for those commuting towards Gatwick and London.
Offering a combination of turnkey accommodation, generous proportions, on-site parking and an exceptional central Hove location, this superb apartment would make an excellent home for a wide range of buyers.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 26, 15, Grand Avenue, Hove
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