2-bedroom flat · BN3 2ND
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no deposit option available** Great opportunity to let this ninth floor two double bedroom apartment with not just one but two balconies!
Great views over the rooftops, Hove lawns, beach and out to sea.
This very well maintained purpose built block with lift and communal gardens offers: Hallway with lots of storage, lounge/diner, separate modern kitchen with hob, oven, fridge/freezer and plumbing for washing machine plus space for a small table.
Two double bedrooms both with doors out to the balconies. One bedroom has fitted wardrobes. Bathroom with shower over the bath. Separate WC. Gas central heating.
Extra storage cupboard on the communal landing. Lift access. *Regret no sharers. Offered unfurnished.
Grand Avenue is ideally situated just off the seafront and close to shops, restaurants, cafes and bars. Excellent transport links plus Hove lawns and the beach EPC Rating C. Council Tax Band C.
Rent excludes the Tenancy Deposit and any other charges or fees - please contact us for further information or visit our website.
Deposit payable is £1961 or this property is available with our No Deposit Option. A Holding Deposit of £392 based on the advertised rent is required to reserve this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 38, Coombe Lea, Hove
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