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See how verdicts work3-bedroom flat · BN3 5QN
For saleReduced £10k (−3.2%) on 3 OctListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Home + Castle are please to advertise this nicely presented 3 bedroom 1st floor flat on Portland Road. Spacious flat with gas central heating, double glazing and long lease.
Fantastic location being close to a wide variety of shops, restaurants and bars. EPC Rating: D Entrance Enter the building from Portland Road via the fully glazed front door to the entrance lobby.
Carpet, fire alarm and pendant lighting. Cupboards housing consumer units. Stairs to first floor and enter flat.
Hallway (6.99m x 0.91m) Solid wood door into hallway, carpet, power points, pendant lighting, fitted smoke alarms, door entry phone, coved ceiling, Doors to all rooms.
Radiator, high level double glazed window. Lounge Diner (6.20m x 2.54m) Lounge diner, a spacious room well appointed with dual aspect double glazed windows to Portland Road.
Carpet, radiators, built in cupboard, power points, coved ceiling. Pendant light. Kitchen (3.25m x 2.03m) Range of base wall and drawer units with fitted work surfaces.
Space for wm and under counter fridge. White enamel sink with single drainer. Fitted Logic induction hob, and electric oven with stainless steel cooker hood above.
Part tiled walls, power points, down lights, coved ceiling and oak effect wooden flooring. Double glazed window to side aspect. Wall mounted Alpha boiler, fitted smoke alarm. Coved ceiling.
Bedroom 1 (36.88m x 2.74m) Dual aspect double glazed windows to side and rear aspect. Carpet, radiator, power points and pendant lighting.
Bedroom 2 (3.25m x 2.03m) Double glazed window to side of building, radiator, power points and pendant lighting, carpet.
Bedroom 3 (3.25m x 1.98m) Double glazed window to side of building, radiator, power points and pendant lighting, carpet Shower Room (1.85m x 1.65m) Fully tiled fitted shower cubicle with stainless steel drench and shower unit.
Pedestal hand basin mounted on to vanity unit. Macerator toilet, oak effect wooden flooring, uPVC door providing exit to the fire escape.
Separate WC (1.83m x 0.84m) Separate WC with concealed cistern. Radiator, double glazed opaque window, oak effect wooden flooring and coved ceiling.
Additional Information Lease - 120 Years Remaining Ground Rent - £50 p.a. (Increasing to £100 in November 2031) Service Charge - 1/3 of freeholder expenditure on an if and when basis.
Council Tax Band A - £1,719.63 p.a. (£1,289.72 p.a. For Single Adult). Energy Performance Rating - D Dimensions Dimensions supplied are approximate and to be used for guidance purposes only.
They do not form part of any contract. Kitchen appliances shown on the floor plan are purely for illustration purposes and only included if integrated, built-in or specifically stated.
No systems or appliances have been tested. Disclaimer All dimensions supplied are approximate and to be used for guidance purposes only. They do not form part of any contract.
No systems or appliances have been tested. Kitchen appliances shown on the floor plan are for illustration purposes only and are only included if integrated, built-in, or specifically stated.
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 206b Portland Road, Hove
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