2-bedroom flat · BN3 3AY
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly spacious two-bedroom, third-floor apartment situated in the highly sought-after Rochester Gardens, central Hove, offered with no onward chain and a private parking space a rare feature in a central location.
The apartment would benefit from modernisation throughout, but is perfectly liveable in its current condition, providing an excellent opportunity to update and improve over time.
The generous proportions and well-planned layout offer great potential to create a stylish and comfortable home. On entering, a welcoming hallway leads to all principal rooms.
The particularly spacious lounge provides ample space for both seating and dining, while the good-sized kitchen offers plenty of worktop space and storage, although would benefit from updating.
Towards the rear of the apartment are two large double bedrooms, both well-proportioned and with excellent storage available in the hallway. A bathroom completes the accommodation.
The private parking space is a major benefit and increasingly rare in central Hove, adding considerable convenience and value to the property.
Rochester Gardens is ideally located in central Hove, close to the popular Church Road area, with its excellent selection of independent shops, cafés, restaurants and bars.
Tesco and Sainsbury's Local are also within easy reach, with further shopping and amenities available along Western Road.
There are excellent transport links nearby, with regular bus services from Palmeira Square and surrounding roads.
Hove Station is approximately 0.6 miles away, providing regular services towards Brighton, Gatwick and London Victoria, with Aldrington Station also within easy reach.
The seafront is within comfortable walking distance, providing easy access to Hove's famous promenade, beach and seafront lawns, making this an excellent location for enjoying the best of the city's vibrant lifestyle and coastline.
Lease Length - 102 Years Service Charge - £1,707 Per Annum Ground Rent - £125 Per Annum
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.
Area
Agent & docs
FAQ
About 14, Palm Court, Rochester Gardens, Hove
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