2-bedroom flat · BN3 3GF
To rentReduced £50 (−3.2%) on 20 OctListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lower ground floor two-bedroom property, situated a short distance from the Popular Palmeira Square and Church Road area of the city.
This is a wonderful location, with so much accessible on foot, with Seven Dials, Hove station and St Ann’s Wells gardens all within a 10-15 minute, along with Hove Lawns and seafront.
The property is in a purpose-built block, with secure entry phone system and well kept communal areas. The property is un-furnished with neutral decor, gas central heating and double glazing.
There are two double bedrooms, with one being slightly smaller, but both being able to accommodate a double bed, wardrobes and storage space.
The bathroom offers a modern shower attachment, toilet and wash basin.
The kitchen has plenty of work top and storage space, with the living room being at the front of the property, which is a good size, and able to accommodate a sofa, TV unit and storage.
This is ideal for either two sharers, or a single or couple looking for some additional space.
**Disclaimer** Intending applicants will be asked to produce identification documentation for compliance purposes and we would ask for your co-operation in order that there will be no delay in completing the application process.
Items shown in photographs are not included unless specifically mentioned in writing within the particulars. They may however be available by separate negotiation.
All information, descriptions, dimensions and other particulars are given in good faith and are believed to be correct, but any intending renters, should not rely on them as statements or representations of facts, and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Belvoir has not tested any services, equipment, fixtures and fittings included in the property so therefore no warranty can be given as to their condition or operation. EPC rating: C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 2, 46, Palmeira avenue, Hove
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