We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN3 2RS
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £425,000 - £450,000. This beautifully presented first floor apartment forms part of an attractive period building and effortlessly combines charming character features with modern living.
Retaining original coving and skirting boards, the property offers a wonderful sense of period elegance throughout.
With both east and west aspects, the apartment is filled with natural light, creating a bright and spacious atmosphere in every room.
The accommodation comprises two generous double bedrooms and a stylish double aspect kitchen and living room, ideal for both relaxing and entertaining.
There is a contemporary en-suite shower room to the principal bedroom, alongside a separate modern bathroom. Presented in excellent order throughout, this is a home ready to move straight into.
The property also benefits from a share of the freehold, offering added security and long term appeal.
Situated in a highly desirable Hove location, the apartment is just a few minutes' walk from the seafront.
Hove mainline station is within easy reach, along with a wide selection of cafés, restaurants and shopping facilities, making this an ideal home for those seeking both convenience and a vibrant coastal lifestyle.
ENTRANCE HALL Radiator.
KITCHEN Double aspect, incorporating sink with drainer and mixer tap, adjacent laminate worksurface with cupboards and drawers under, matching eye level wall cupboards, four ring gas hob with concealed extractor over, electric oven, integrated fridge/freezer, washing machine and dishwasher, 'Vaillant' gas fired boiler, tiled splashback.
LIVING/DINING ROOM Double aspect, sash bay window, radiator, coving. BEDROOM 1 Bay window, two fitted wardrobes, radiator, coving. BALCONY BEDROOM 2 Sash window, radiator, coving.
ENSUITE SHOWER ROOM Comprising walk in shower, low level w.c, sink with cupboard under, tiled walls.
BATHROOM White suite comprising panelled bath with mixer tap and shower attachment, sink with unit under, low level w.c, tiled walls. OUTGOINGS SHARE OF FREEHOLD Remainder of 999 year lease.
Maintenance £116 pcm.
Council Tax Band C (taken from the government website, We advise that you check this information, we will not be held responsible if the council tax band differs when occupying the property.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Albany Villas, Hove
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