1-bedroom flat · BN3 5PE
For saleReduced £5k (−2.8%) on 21 JunListed 590 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retirement flat situated in this most convenient location on level ground and within a short walk of local shops, cafes and eateries.
Forming part of the second floor of this purpose built block offering good size one bedroom accommodation with a modern shower room and open plan kitchen/living room.
Retirement flat situated in this most convenient location on level ground and within a short walk of local shops, cafes and eateries.
Forming part of the second floor of this purpose built block offering good size one bedroom accommodation with a modern shower room and open plan kitchen/living room.
The flat is presented in good order throughout. The building benefits from a house manager and has delightful south facing communal gardens.
The other communal facilities include a laundry and living room. There is also an option to book the guest room subject to availability.
Entrance hall Double airing cupboard housing hot water cylinder.
Kitchen Incorporating stainless steel 1 1/2 bowl sink unit with drainer and mixer tap, adjacent laminate worksurface with cupboard and drawers under, matching eye level wall cupboards, electric cooker, fridge/freezer, tiled splashback.
Living room/dining room UPVC double glazed windows, heater. Bedroom Fitted double wardrobes, UPVC double glazed window, heater.
Shower room Comprising walk in shower with tiled surround, pedestal wash hand basin, low level w.c, heated towel rail, part tiled walls.
Outside communal south/west facing gardens communal kitchen, living and laundry rooms Guest room house manager Outgoings lease 151 years remaining maintenance £220 per calendar month.
Council Tax Band B (taken from ). We advise that you check this information, we will not be held responsible if the council tax band differs when occupying the property.
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 Flat 28,, Carmel House, Hove
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