3-bedroom flat · BN3 2PB
For saleReduced £45k (−6.5%) on 21 JunListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming mews apartment with great proportions and period features including picture rails, high ceilings and original hay-loft doorway, which could be reinstated with the relevant permissions.
There are three bedrooms, one bathroom, a separate WC, a living room and separate, eat-in kitchen.
The smallest bedroom offers flexibility as a home office or second reception and the bathroom is large with the ceiling having been boarded over in the past, but which could be reinstated to expose the fabulous glass atrium above.
A large, boarded attic with Velux and further skylights could be incorporated into the accommodation to double the size of the property and create a fantastic duplex flat!
It would be fair to say that the property would benefit from some redecoration to bring it in line with modern tastes, but it has been well maintained and could be lived in whilst work was carried out.
There is also a large. Lockable storage cupboard accessible from the mews, ideal for storing bikes, sports equipment or childrens toys.
Situation The front door to the property is in one of the city centre’s most desirable streets, Third Avenue, on the corner of Kings Mews.
It's just off popular Church Road with its plentiful bars, restaurants, cafes and amenities, with the seafront at the bottom of the road.
Property Ref Number: Ham-13693 Additional Information Brighton & Hove City Council Council Tax Band C Mains services Ground rent is peppercorn No maintenance or service charges, works are done as & when by agreement between Flat A and Flat B 50% responsibility for roof, 50% responsibility for footings
Value & comps
No previous sales on record.
Returns
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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 35B, Third Avenue, Hove
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