1-bedroom flat · BN3 6AB
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Exclusive to Mansell McTaggart, this one bedroom ground floor flat presents an excellent opportunity for first-time buyers and investors alike, situated in a highly sought after Hove location just a minute's walk from Hove train station.
The property is offered with no onward chain and comes with a share of freehold, providing a secure and attractive investment.
The accommodation features a spacious separate living room, a generously sized bedroom, and a well-proportioned layout that offers flexibility and potential.
While the flat is in need of full renovation, it provides the perfect blank canvas for buyers wishing to create a home tailored to their own tastes and requirements.
The property's prime location ensures easy access to local amenities, cafes, and transport links, making it ideal for commuters and those seeking to enjoy all that Hove has to offer.
With its combination of location, potential, and investment appeal, this ground floor flat represents a rare opportunity in the current market.
Early viewing is highly recommended to fully appreciate the possibilities this property presents.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 38a Newtown Road, Hove
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