3-bedroom flat · BN3 2PU
For saleListed 3 days
Opportunity summary
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About
SHARED OWNERSHIP Percentage share- 25% with opportunity to staircase to 100% Full Market Value- £540,000 Monthly Rent- £1,286.81 per month Monthly Service Charge- £278.66 per month A fantastic and beautifully presented three-bedroom apartment occupying a prime position on Kingsway in Hove, directly opposite the seafront.
The property offers spacious, well-proportioned accommodation with contemporary interiors and a large private west-facing balcony enjoying sea views.
Situated on the raised ground floor of this impressive purpose-built block, the accommodation comprises an entrance hallway leading to a superb open-plan living room, kitchen and dining area extending to over 32ft in length.
The modern fitted kitchen incorporates a range of integrated appliances, ample storage and generous work surfaces, while the living area opens directly onto the balcony.
The principal bedroom is a generous double with an en-suite shower room and access to the balcony.
There is a further double bedroom, a modern family bathroom and a third room currently arranged as a home office, providing flexibility for a variety of uses.
Further benefits include engineered wood flooring, contemporary décor throughout, excellent storage, a secure entry system and bike storage.
The property is ideally located directly opposite Hove seafront, which has undergone extensive restoration and improvement in recent years, further enhancing the appeal of this stretch of coastline.
The area offers a range of cafés, restaurants and coastal walks, with Hove Lagoon also within easy reach, providing opportunities for watersports and other outdoor activities.
Hove Station provides convenient transport links to Brighton, London and beyond, while the shops, cafés and restaurants of central Hove are also readily accessible.
Please note that access to the apartment involves approximately 10 steps, and the lift does not serve the raised ground floor. Also available to purchase with full ownership at £540,000.
Living/Kitchen/Dining Room - 9.75m x 4.37m (32'0" x 14'4") - Balcony - Bedroom - 5.46m x 3.05m (17'11" x 10'0") - En Suite Shower Room - Bedroom - 4.95m x 3.76m (16'3" x 12'4") - Bathroom - Bedroom - 4.27m x 1.80m (14'0" x 5'11") -
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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