2-bedroom flat · BN3 7RJ
For saleReduced £15k (−3.8%) on 8 MayListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £375,000 -- £400,000 *** Robert Luff & Co are delighted to bring to market this spacious two bedroom, third floor apartment situated in the The Chrome Works, Goldstone Lane, built in 2019.
This apartment benefits from being in close proximity to a large Waitrose store, parks and cafés as well as popular local schools.
Conveniently close to bus routes and within walking distance of Hove mainline station, the property has easy access to the A23 and A27 and is also just a short journey from Brighton & Hove city centre.
The accommodation within the property briefly comprises two double bedrooms, two bathrooms, open plan kitchen/living area with access to a west facing balcony.
Also benefiting from allocated parking and a 992 year lease.
Entrance Hall - Kitchen/Lounge/Diner - 6.35m x 3.81m (20'10 x 12'6) - Bedroom One - 4.55m x 2.84m (14'11 x 9'4) - En-Suite Shower Room - Bedroom Two - 3.86m x 3.10m (12'8 x 10'2) - Bathroom - West Facing Balcony - Allocated Parking - Agent Notes - Service Charge: £230.73 Per Calendar Month Leasehold: 992 Years Remaining Ground Rent: £20 Per Annum Council Tax: Band B The information provided about this property does not constitute or form any part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
References to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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 Goldstone Lane, Hove
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