1-bedroom flat · BN3 5UA
Sold STCListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £230,000 - £240,000 Forming the second floor of this desirable purpose-built block, this one-bedroom apartment offers well-proportioned accommodation with a double bedroom, shower room, living room, and a kitchen overlooking neighbouring gardens.
The property is offered with no onward chain and benefits from communal hot water and heating, along with unallocated parking.
Situated in a highly sought-after location off New Church Road, the apartment is just a few minutes' walk from Hove seafront.
Portslade mainline station is within easy reach, and nearby bus services provide convenient access into Brighton city centre. ENTRANCE HALL Range of fitted cupboards.
KITCHEN Incorporating stainless steel sink with drainer and mixer tap, adjacent laminate worksurface with cupboards and drawers under, matching eye level wall cupboards, four ring gas hob with concealed extractor over, oven, space for fridge and washing machine, UPVC double glazed window, tiled splashback.
LIVING/DINING ROOM Electric fire, UPVC double glazed window, radiator. BEDROOM Fitted cupboard, UPVC double glazed window, radiator.
SHOWER ROOM Comprising walk in shower, pedestal wash hand basin, low level w.c, tiled walls and floor, UPVC double glazed window, towel rail. OUTSIDE Parking, unallocated.
OUTGOINGS SHARE OF FREEHOLD SERVICE CHARGE £535.11 per half year.
HOT WATER AND HEATING £497.53 per half year RESERVE FUND £282.61 per half year GROUND RENT £22.50 per half year Council Tax Band B as sourced from the Brighton and Hove council website.
Please note we cannot be held responsible for this information and would recommend you complete your own checks.
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
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FAQ
About Aldrington Close, Hove
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