2-bedroom flat · BN3 3JD
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom apartment situated in a prime location in Hove boasts a sunny balcony and triple length garage enabling secure parking for two/three cars and is being offered to the market with no chain.
Upon entering the spacious, fourth floor apartment, you are greeted by and expansive, open-plan kitchen and living room bathed in natural light.
The contemporary kitchen features integrated appliances and a convenient breakfast bar, ideal for dining. The living area opens onto a private balcony, offering a tranquil space for relaxation.
The accommodation includes two generously sized bedrooms and a modern bathroom, completing this attractive home.
The property also features an extremely spacious private garage, offering added convenience and ample storage space.
Conveniently located on The Drive, this property is within walking distance of Church Roads bustling thoroughfare, featuring numerous coffee shops, bars, and eateries.
It is also close to several highly regarded primary and secondary schools.
Hove Railway Station, located just a short distance away, provides excellent transportation links, making this property ideal for commuters. Guide Price £375,000 - £400,000
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
Agent & docs
FAQ
About The Drive, Hove
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