2-bedroom flat · BN3 2FG
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £525,000 - £550,000 || A rare opportunity to acquire one of Hove's finest raised ground floor garden apartments, perfectly positioned just moments from the seafront and Church Road.
Beautifully presented throughout and extending to approximately 969 sq ft, this exceptional home combines elegant period proportions with stylish contemporary finishes in one of the city's most desirable locations.
Garden flats in this part of Hove are seldom available, and it is even rarer to find one that is not at basement level.
Occupying the raised ground floor of an attractive period building, the magnificent bay-fronted living room is undoubtedly the heart of the home.
A large sash bay window frames attractive views towards Hove Lawns, while high ceilings, and an impressive fireplace create an elegant space that is equally suited to relaxing or entertaining.
Both bedrooms are generous doubles, with the second bedroom opening directly onto the private garden, offering a peaceful retreat. The fitted kitchen features solid oak worktops and excellent storage.
A contemporary bathroom with natural light is complemented by a separate cloakroom in the hallway for added convenience.
Retaining an abundance of period charm, including decorative fireplaces, high ceilings and original proportions, the apartment effortlessly blends character with modern living.
The property has a share of the freehold and benefits from independent gas central heating.
Situated only a few steps from Hove's iconic seafront and the vibrant cafés, restaurants and independent shops of Church Road, this is an exceptional home in an outstanding location.
Rarely do raised ground floor garden flats of this quality become available so close to Hove Lawns, making this a unique opportunity for those seeking elegant coastal living in the very heart of Hove.
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
Agent & docs
FAQ
About 3 First Avenue, Hove, BN3
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