2-bedroom house · BN3 1PY
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Vineries development on the tree-lined Nizells Avenue, this spacious two-bedroom retirement apartment offers comfortable, independent living in a sought-after central Hove location.
Positioned on the first floor and accessed via lift, the apartment features a bright and generously proportioned living room with direct access to a private balcony overlooking the beautifully maintained communal gardens.
The separate modern kitchen is well-appointed, while both bedrooms are well-sized doubles, with the principal bedroom enjoying attractive garden views.
The accommodation is completed by a contemporary shower room and a separate WC.
The Vineries is a well-established retirement development offering an excellent range of resident facilities, including landscaped communal gardens, a roof terrace, a welcoming residents' lounge for social events, a laundry room, and a guest suite for visiting family and friends.
An on-site manager, together with a 24-hour emergency call system, provides added peace of mind, making this an ideal choice for those seeking a secure and sociable retirement lifestyle.
Ideally located in the heart of Hove, the development is within easy reach of local shops, cafés, public transport links, and the seafront, combining convenience with a peaceful residential setting.
TENURE Leasehold 99 Years From 01/04/1991 Unexpired Years: 64 Years Remaining Annual Ground Rent: Ask Agent Ground Rent Increase: Ask Agent Ground Rent Review Period: Ask Agent Annual Service Charge: Approx.
£2,600 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
ADDITIONAL INFORMATION Materials used in construction: Brick For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. The Vineries enjoys a prime position on the attractive, tree-lined Nizells Avenue, one of Hove's most desirable residential locations.
Ideally situated between the vibrant Church Road and the seafront, the development offers the perfect balance of peaceful surroundings and easy access to an excellent range of amenities.
Hove's bustling centre is just a short stroll away, offering an impressive selection of independent cafés, restaurants, boutiques and supermarkets, alongside everyday conveniences.
Nearby Church Road is renowned for its lively atmosphere, while George Street and Blatchington Road provide further shopping and dining options.
For those who enjoy the outdoors, Hove Park is within easy reach, offering tennis courts, cafés, children's play areas and beautiful green open spaces.
The iconic Hove Lawns and seafront promenade are also nearby, providing miles of coastal walks, cycling routes and access to the beach.
Excellent transport links make the location particularly convenient.
Hove railway station is approximately half a mile away, providing regular direct services to London Victoria, London Bridge, Gatwick Airport and Brighton, while frequent local bus services operate throughout the city and surrounding areas.
The nearby A23 and A27 also provide straightforward road access to London and the wider Sussex region.
The Vineries has long been regarded as one of Hove's most established retirement developments, offering residents a secure, welcoming community with beautifully maintained communal gardens and excellent on-site facilities.
Its central yet peaceful setting allows residents to enjoy an independent lifestyle with shops, healthcare services, leisure facilities and the seafront all within comfortable walking distance.
Value & comps
No previous sales on record.
Returns
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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 Nizells Avenue, Hove, East Sussex, BN3
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