2-bedroom flat · BN3 1FE
To rentListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a characterful building, this capacious two-bedroom ground floor apartment has the warmth and individuality of somewhere altogether more rural - an atmospheric home with generous proportions and plenty of personality.
With its own private entrance, the apartment opens into a wood-panelled cloak vestibule, setting the tone before leading through to an impressive 30ft living room.
Wooden floors, handsome fireplace surround and built-in window seating give the room a wonderfully inviting quality, while its scale leaves plenty of space to interpret and express.
Two bedrooms lead from the living room, one with its own en-suite, along with a separate bathroom.
The eat-in kitchen opens through double doors onto the patio, bringing the outside space naturally into the apartment.
There is a slightly romantic, retreat-like quality throughout - wood panelling, fireplaces, window seats and garden views coming together to create somewhere that feels both comfortable and distinctive.
The patio and communal gardens add another dimension, while off-road parking for one car is tucked away in the private car park.
A splendid and genuinely individual home - warm, spacious and full of character. Really not to be missed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 1, The Red House, 21, Lansdowne Road, Hove
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