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See how verdicts work1-bedroom house · BN3 5PE
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one-bedroom flat occupying part of the first floor of this sought-after 1980’s purpose-built retirement block, situated in this popular location in central Hove.
The property is sold with the benefit of communal gardens and unallocated off-street parking.
Located on the first floor of this well-maintained block, the accommodation comprises an entrance hall with ample storage space, spacious living room with open plan fitted kitchen, shower room, and double bedroom with built-in storage.
Carmel House is a popular retirement block for those aged 60 and above, offering the benefits of a communal lounge, passenger lift, laundry room, guest suite, unallocated off-street parking, and well-maintained communal gardens.
There is also an on-site building manager and 24/7 emergency contact system. Westbourne Street offers a prime location, just a short walk from the seafront and the amenities of Church Road.
The area provides easy access to the beach, local shops, cafés, and restaurants, while maintaining a peaceful, residential feel.
Hove and Aldrington railway stations are nearby, offering direct links to Brighton, London, and beyond.
Living Room - 4.57m 0.30m x 3.35m 3.05m (15' 1" x 11' 10" ) - Kitchen - 2.74m 1.83m x 1.52m 2.44m (9' 6" x 5' 8") - Shower Room - Bedroom - 3.35m 3.05m x 2.74m 0.30m (11' 10" x 9' 1") -
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 Carmel House, Westbourne Street, Hove
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