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See how verdicts work2-bedroom flat · BN1 5BF
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £425,000-£450,000 Tucked away on Matlock Road, moments from Preston Park Station, Hove Park and the ever popular Seven Dials, this truly unique two bedroom ground floor apartment offers something refreshingly different from the norm.
Recently converted into a home, the property unfolds across two levels, creating a dynamic and characterful layout that sets it apart from your average apartment in the most brilliant way.
From the moment you step inside, there is an immediate sense of warmth, personality and thoughtful design.
To the left of the entrance, a double length open plan living space forms the heart of the home.
Generous in both floor space and feel, the living area is a cosy yet open setting, perfect for relaxing, while a defined dining area flows seamlessly into the kitchen.
The kitchen itself is well appointed, offering a range of integrated appliances alongside ample worktop and cupboard space.
Running along the rear of the property, a corridor provides access to a separate utility room and leads directly out to the private garden, creating a practical and well considered layout.
The garden itself is raised, easily managed and enjoys sun long into the afternoon, making it an ideal spot for both relaxing and entertaining.
Both bedrooms are comfortable doubles, each with their own sense of character. The principal bedroom is particularly impressive, benefitting from high ceilings and an abundance of space.
The second bedroom, currently arranged as a home office and accessed via a short set of stairs, offers flexibility depending on lifestyle needs, and is complemented by an additional shower room conveniently positioned alongside.
A few steps up lead to a beautifully presented family bathroom, finished to a high standard.
Along the corridor, sections of exposed original Victorian flooring provide a striking feature, adding depth and charm to the overall aesthetic. The location is equally appealing.
Positioned within easy walking distance of Preston Park Station, this is an ideal spot for commuters, while nearby amenities including Tesco and a selection of well regarded pubs make day to day living effortless.
Hove Park and Seven Dials are also close by, offering the perfect balance of green space and vibrant local life.
For those seeking something with character, individuality and a layout that breaks away from the conventional, this is a home that delivers on every level.
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
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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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FAQ
About Ground Floor Flat, 3, Matlock Road, East Sussex
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