2-bedroom flat · BN3 4DA
For saleListed 59 days
Opportunity summary
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About
Guide Price £325,000 to £350,000 A well-proportioned, spacious two bedroom ground floor flat with balcony and garage. This property is sold with a share of the freehold and no onward chain.
Located close to the seafront and mainline train station, this home offers an ideal lifestyle in a vibrant community.
As you enter, you are greeted by a welcoming entrance hall that features three storage cupboards.
The dual aspect living room diner is a highlight of the flat, bathed in natural light and providing access to a lovely south-facing balcony, where you can enjoy the sun and views over the well-tended grounds.
The fitted kitchen is both practical and modern, equipped with an integrated oven and dishwasher, as well as space for a washing machine and fridge freezer.
This thoughtful layout allows for dining and entertaining.
The double bedroom boasts south-facing views, creating a bright and airy atmosphere, while the second bedroom is tastefully presented with neutral décor, making it easy to personalise.
The modern bathroom features a vanity unit and a mixer shower over the bath, complemented by a separate shower room with a generous enclosure, ensuring ample facilities for all.
Additional benefits include a garage in the block, providing extra convenience. This property is perfect for individuals, couples or small families seeking a tranquil living space.
Location - Situated on the desirable New Church Road in Hove, this location has a wonderful sense of community.
Richardson Road is close by with a parade of shops which include hairdressers, butchers, organic grocers, Drury coffee house, a deli, newsagents, beauticians and a general store.
There is a further range of comprehensive shopping facilities in Boundary Road, Church Road, Portland Road and George Street.
The district is well served with regular bus services providing access into the city centre and Hove mainline railway station and Sussex County cricket ground are also in close proximity.
Framnaes is only one road back from the seafront with its excellent bathing beaches and Hove lawns with recreation facilities and annual social events throughout the year, as well as Hove Lagoon and the stylish Rockwater and Babble restaurants and entertainment venues.
Additional Information - (Outgoings as advised by our client) EPC rating: C Internal measurement: 716 Square feet / 66.5 Square metres (855.7 Square feet / 79.5 Square metres including the garage) Tenure: Share of Freehold - 989 years remaining on the Lease Maintenance Charges: £3,100 per year (includes building insurance and reserve fund) Council Tax Band: B Garage: Situated to the rear of the building Parking Zone: L
Value & comps
No previous sales on record.
Returns
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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 Framnaes, New Church Road, Hove
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