1-bedroom flat · BN3 5BG
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £300,000 - £325,000 Whitlock & Heaps are delighted to present to market this one double bedroom flat forming the lower ground floor of this converted Victorian building.
Benefitting from a good size living room with direct access to garden, separate kitchen and modern shower room.
Situated in this convenient location within a few minutes walk of Hove mainline station, George Street shopping thoroughfare and Church Road with its array of bars and restaurants.
Hove seafront is within easy reach and bus services run close by offering access into the City Centre. ENTRANCE HALL Cupboard housing electrics and gas meter. Radiator.
KITCHEN Incorporating stainless steel bowl sink with mixer taps and drainer, adjacent vinyl worksurfaces with four ring gas hob, fitted oven, space for washing machine and space for fridge freezer.
Array of cupboards throughout room. UPVC double glazed window to side garden. LIVING ROOM Ladder style radiator, UPVC double doors onto garden, radiator.
SHOWER ROOM Comprising step in shower cubicle being tiled throughout.
Cupboard housing Baxi combination boiler, wash hand basin, low level wc, UPVC double glazed frosted window overlooking garden, extra, fitted heated towel rail.
BEDROOM Fitted wardrobes, UPVC double glazed window overlooking front, radiator. OUTSIDE GARDEN South facing garden being decked throughout with walled surroundings with trellis.
OUTGOINGS Leasehold with approx. 144 years remaining. Buildings insurance £150 per annum Maintenance on an ad-hoc basis
Value & comps
No previous sales on record.
Returns
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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 Wordsworth Street, Hove
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