4-bedroom house · BN3 3JQ
For saleReduced £100k (−10%) on 6 OctListed 83 days
Opportunity summary
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About
Rare Freehold Mixed-Use Investment Opportunity | Prime Central Hove | Approx.
2,384 sq ft An exceptional opportunity to acquire a substantial freehold mixed-use building in one of Hove's most sought-after and characterful mews locations.
Extending to approximately 2,384 sq ft (221.47 sq m), this unique property comprises a modern Class E commercial premises on the ground floor together with a spacious four-bedroom maisonette arranged over the first and second floors.
The property further benefits from the rare advantage of exclusive parking directly in front of the building, providing convenient off-street parking for occupiers and visitors alike-an increasingly valuable asset within central Hove.
The ground floor commercial accommodation is currently let, generating £16,500 per annum, providing an immediate income stream for investors whilst offering excellent long-term rental growth potential.
Finished to a high standard, the commercial space provides bright and versatile open-plan offices, meeting rooms, staff facilities and ancillary accommodation, making it ideal for a wide variety of occupiers including architects, designers, creative agencies, professional practices, wellness operators and boutique businesses.
Above, the impressive self-contained maisonette is offered with vacant possession, presenting an outstanding opportunity for an incoming purchaser to either occupy, let or retain as ancillary accommodation to the commercial premises.
The apartment extends over two floors and offers generous family accommodation comprising a large sitting room, an impressive kitchen/dining room, four well-proportioned bedrooms and a spacious family bathroom.
The combination of an income-producing commercial investment together with a vacant residential property creates exceptional flexibility for a wide range of purchasers.
Investors have the opportunity to increase the overall income by letting the maisonette, while owner occupiers may choose to occupy either the commercial premises or residential accommodation, creating an ideal live/work environment.
Situated just moments from Church Road, Hove Station and the seafront, Wilbury Grove is one of the city's most desirable mews addresses, renowned for its attractive period architecture and thriving mix of creative businesses, boutique offices and independent operators.
Freehold opportunities of this scale and versatility rarely become available in such a prime central Hove location.
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 20, Wilbury Grove, Hove
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