1-bedroom flat · BN41 2BS
Sold STCListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE Lift or stairs to third floor, open balcony access to door to flat.
FRONT DOOR Double glazed door opening into ENTRANCE HALLWAY 'L' shaped entrance hallway, ceiling light point, wall mounted electric heater, wall mounted door entry phone system, built in storage cupboard, laminate wood effect flooring, airing cupboard with lagged cylinder and slatted shelving.
LOUNGE 12'7 10'5 (3.84m 3.18m) Easterly aspect with double glazed window to front offering extensive views to Hove, coved ceiling, laminate wood effect flooring, electric radiator, T.V.
aerial point, door to BALCONY 9'3 x 4'0 (2.82m x 1.22m ) Easterly aspect offering views towards Hove.
OFFICE AREA 6'9 x 6'5 (2.06m x 1.96m) Ceiling light point, glass brick block feature window providing borrowed light from lounge, coved ceiling, laminate wood effect flooring.
KITCHEN 12'5 x 10'2 (3.78m x 3.10m) 'L' shaped westerly aspect room with double glazed window, ceiling light point, tiled flooring, breakfast bar with high gloss roll edge surface over, fitted range of high gloss fronted eye level and base units comprising of cupboards and drawers, tiled splashbacks, roll edge worksurfaces, stainless steel single drainer sink unit with mixer tap, extractor hood with stainless steel splashbacks, space for cooker, space for fridge freezer and space for other appliances, electric radiator.
BEDROOM 14'11 x 9'7 (4.55m x 2.92m) Easterly aspect with double glazed window offering views across balcony towards Hove, ceiling light point, electric radiator, built in walk in wardrobe with hanging rail and shelving.
SHOWER ROOM (FORMERLY BATHROOM) 8'3 x 5'7 (2.51m x 1.70m) Double glazed window to front with obscure glass, ladder style radiator, extractor fan, ceiling light point, feature glazed walk in shower with wall mounted 'Triton T80' electric shower, built in storage unit with over shelf incorporating low level W.C.
with concealed cistern, inset sink with mixer tap and pop up waste, tiled flooring, tiling around shower, tiled splashbacks to sink area.
OUTSIDE COMMUNAL GARDENS Communal gardens with lawn and shrub borders. PARKING SPACE Secure underground parking space (no.30).
OUTGOINGS Lease- 125 years from 25/03/2002 Ground Rent- £47.50 Yearly in advance Service Charge- £1811.29 Yearly in advance COUNCIL TAX Band B These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property
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
Agent & docs
FAQ
About Greenways, Highlands Road, BN41
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