1-bedroom flat · BN3 3JN
For saleListed 160 days
Opportunity summary
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About
A delightful first-floor flat with outside space is situated in a characterful and grand red brick building that has classic Victorian elegance and boasts impressive architectural details.
This flat is sold with a share of the freehold and no onward chain, making it an attractive option for both first-time buyers and investors alike.
This one-bedroom property features a spacious living room with lovely tree top views, providing a serene atmosphere for relaxation.
The versatile layout allows the living room to serve as the bedroom if desired.
The bedroom itself benefits from borrowed light from the dining area and includes built-in storage, there is also a built in cupboard in the entrance hall, ensuring ample space for your belongings.
The open-plan kitchen is equipped with an integrated oven and gas hob, complemented by solid wood work surfaces.
It offers a comfortable dining area and direct access to the expansive roof terrace, which is a remarkable feature of this property.
The terrace is not only large enough to accommodate a shed but also provides far-reaching views over the surrounding gardens, making it a perfect sun trap for those sunny days.
The bathroom is generously sized, featuring a shower over a panel-enclosed bath and additional built-in storage for convenience.
Located in a presented building, you will enjoy easy access to Hove mainline station, which is approximately 0.7 miles away, as well as the vibrant amenities of central Hove.
This property truly represents a wonderful opportunity to embrace a comfortable lifestyle in a sought-after location.
Location - Wilbury Road is a wide, tree-lined street in central Hove, this prestigious location mainly comprises of imposing Victorian mansions and is situated in an enviable location off Church Road in central Hove, a one way, tree lined street and is only one road away to the south from Hove-Lawns and seafront.
Church Road and George Street has an excellent selection of local shops, eateries and independent boutiques.
There are various seafront restaurants and hospitality venues available, including Rockwater and Babble, the King Alfred Leisure centre is also nearby where you will also find the renowned Marrocco’s on King’s Esplanade that has handmade Italian ice-cream, perfect for hot summer days.
There are regular bus services close by, affording access to all parts of the city and beyond and Hove mainline train station which is ideal for commuters, is only approximately half a mile in distance, providing a direct link to London Victoria, Gatwick airport and surrounding areas.
Additional Information - (Outgoings as advised by our Client) EPC rating: C Internal measurement: 46.43 Square Metres (499 Square Feet) - Including the roof terrace: 44.38 Square metres (799.7 Square Feet) Tenure: Share of Freehold - 980 years remaining on the Lease Service charge: £150 per month Council tax band: B Parking zone: N
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.
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