We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BN3 3EH
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price- £300,000-£325,000 This one double bedroom apartment on Cromwell Road, Hove, presents an excellent opportunity for those seeking affordable living in a bustling area.
The property boasts a share of freehold, providing long-term stability for homeowners.
The apartment is located on the fourth floor and includes an 18' south-facing lounge with direct access to a large south facing balcony, perfect for enjoying the views over the nearby cricket ground and the sea.
The separate kitchen offers practical space for meal preparation, while the double bedroom also provides access to the spacious balcony.
An allocated basement storage cupboard adds to the convenience, ensuring ample room for belongings.
The inclusion of an underground allocated parking space further enhances the property's practicality for everyday living.
Hove is renowned for its vibrant community and excellent amenities, making it an attractive area to call home. Enjoy easy access to local shops, cafes, and parks, all within walking distance.
This apartment is a fantastic opportunity for first-time buyers or those looking to invest in a popular location.
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 Hovedene, Cromwell Road, Hove
Explore nearby
