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See how verdicts work2-bedroom flat · BN3 3PS
For saleReduced £25k (−7.7%) on 26 OctListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two double bedroom apartment, set within a POPULAR and well-managed building on a SOUGHT AFTER street in central Hove.
Ideally positioned just a short walk from the seafront, Hove mainline station, and an excellent selection of independent shops, cafés, restaurants and local amenities.
The property offers BRIGHT AND SPACIOUS accommodation throughout, with standout features including a dual-aspect living/dining room, a separate kitchen and two generous double bedrooms.
Further benefits include; a private store room, an allocated covered parking space and the convenience of an on-site caretaker. Viewings are highly recommended.
Energy Rating: D68 Exclusive to Maslen Estate Agents. What the owner says: "The 11 years we've spent here have flown by.
Being close to the Hove shops and train station whilst also having a dedicated parking space and secure bike storage has made it really easy to do everything, whether that's getting a coffee nearby or going further out.
When we work from home we really appreciate how quiet the flat is, and being able to look out onto the garden, where you'll probably see a squirrel running around, makes you forget you're in the centre of Hove." Communal front door to: Communal Hallway - Lift down to: Lower Ground Floor - Private store room, personal front door to: Hallway - Wall mounted entry phone, radiator, doors to all rooms.
Kitchen - Range of wall & base units with roll edged work surfaces over, inset stainless steel single drainer sink unit with mixer tap, space for appliances, wall mounted 'Vaillant' boiler, part tiled walls, tiled floor, window to side.
Bedroom - Windows to front, radiator, built in storage cupboard. Bedroom - Window to front, radiator, built in storage cupboard.
Bathroom - Pedestal wash hand basin with mixer tap, panelled bath with mixer tap, wall mounted shower over, glass shower screen, ladder style heated towel rail, wall mounted extractor fan, part tiled walls, tiled floor, window to side with frosted glass.
Cloakroom - WC with push button flush, radiator, tiled floor, window to rear with frosted glass. Lounge/Dining Room - Window to side, window to front, 2 x radiators.
Parking Space - Allocated parking space Total Approx Floor Area - 68.4 sq.m. (736.7 sq.ft.) Council Tax Band C - Parking Zone N - V1 -
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
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FAQ
About The Drive, Hove
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