1-bedroom flat · BN3 4QN
Sold STCListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whitlock and Heaps bring to market this one bedroom level ground floor flat is situated in this convenient location within a short walk of Portslade mainline station and Hove seafront.
The property features a west facing garden and benefits from its own private street entrance. Being sold with a new lease and no onward chain.
Local independent shops and eateries are within a short walk.
PRIVATE STREET ENTRANCE ENTRANCE HALL KITCHEN Incorporating stainless steel circular sink unit with drainer and mixer tap, wooden worksurface with cupboards and drawers under, eye level wall cupboards, inset four ring gas hob with extractor over, oven, tiled splashback, space for washing machine and fridge/freezer, 'Ideal' gas fired boiler, radiator, door to garden.
LIVING ROOM Feature fireplace, UPVC double glazed bay window, radiator. BEDROOM Feature fireplace, 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, heated ladder style towel rail.
OUTGOINGS LEASE 189 years from 25 December 1984 Maintenance £150 per annum Building Insurance £225 per annum
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.
Area
Agent & docs
FAQ
About St. Leonards Avenue, Hove
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