1-bedroom flat · BN3 2LF
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of central Hove, and with a very short walk to the seafront, this large, light first floor flat further benefits from being located in a peaceful corner of Grand Avenue.
The outside of this Grade II listed building has been recently renovated and the flat is a blank canvas awaiting your personal stamp, and has retained many of its character and period features.
The accommodation extends to 60 square metres/ 638 square feet. It has a spacious, high ceilinged living room, featuring a fireplace, original cornices and ornate ceiling rose.
There is a separate eat in kitchen, a newly installed gas central heating system, double bedroom, shower room, hallways and ample storage.
Furthermore, the residents-only maintained communal garden, is tucked away, private and calm but within a very short walking distance to amenities of Hove's community, complete with independent shops, cafe's and wellness centres.
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 Grand Avenue, Hove
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