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See how verdicts work1-bedroom flat · BN3 2FA
For saleReduced £50k (−11.1%) on 25 SepListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This luxury one-bedroom apartment is situated in Palmeira Avenue Mansions and offers bespoke interiors, an impressive dual-aspect bedroom and leafy views across Palmeira Gardens.
This light-filled home is perfectly positioned moments from the seafront, restaurants and excellent transport links.
Beautifully presented throughout, the west facing apartment has recently been renovated to an exceptionally high standard, with matching bespoke joinery throughout, including a hand-built kitchen, bathroom and wardrobes, and a generous amount of shelving and storage.
The contemporary cabinetry contrasts wonderfully with the original Georgian details: The decor is ‘drenched’ Farrow & Ball’s Skimming Stone with coordinating Berber carpets throughout, creating a calm and unified interior.
Large sash windows feature in the living room, however the exceptionally spacious dual aspect bedroom is a special feature of the apartment and displays beautiful timber sash windows adding charm and character.
Its generous proportions create a wonderful sense of space, with ample room for a luxurious sleeping area and a space for working or exercise.
An original period fireplace, framed by an elegant marble surround, adds character to this versatile room.
The bespoke handmade kitchen combines contemporary design with practicality, making maximum use of the space and providing ample storage.
It includes a full range of Neff integrated appliances, including dishwasher, induction hob, oven and large fridge-freezer. A washer/dryer can be found within further storage located in the bathroom.
The attractive bay-fronted living room boasts elegant proportions, distinctive architecture and creates an ideal space for both relaxation and entertaining.
The apartment would suit discerning professionals, downsizers or investors seeking a prestigious home with timeless appeal.
Tenure Leasehold (with a share of Freehold) Length of lease – 125 years No of years remaining – 97 Current estate management charge - £275.00 per month.
Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion The apartment is ideally positioned in one of central Hove’s most prestigious Georgian Terraces, it enjoys views across Palmeira Gardens towards its fashionable parade of restaurants and bars.
Beyond the gardens lie the leafy open spaces of Palmeira Square and Adelaide Crescent, with Hove Lawns and the promenade and beaches just a few minutes’ walk away.
The urban village of Palmeira Square, itself a Conservation Zone, boasts excellent transportation links with Hove Station a 15 minute walk and Brighton Station a 15 minute bus ride.
Walking west along Church Road, you’ll also find the largest selection of cafes, restaurants and bars in the city.
Stretching for almost a mile, they cater for every taste and budget, including Michelin starred establishments.
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 Apartment 5,, Palmeira Avenue Manions, East Sussex
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