We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN3 1TN
No longer listedReduced £50k (−11.8%) on 21 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £400,000 - £425,000*** A delightful ground and first floor maisonette situated in the ever so popular Seven Dials area.
The property is beautifully presented and has the benefit of a rear garden, which is perfect for some alfresco dinning in the summer This delightful ground and first-floor two-bedroom maisonette is a true gem, boasting excellent condition throughout and showcasing a variety of charming period features.
Upon entry, you'll find a spacious living room that offers a warm and inviting atmosphere, perfect for both relaxation and entertaining.
The modern fitted kitchen complements this space, providing a stylish and functional area for culinary endeavours.
The first floor hosts two generous double bedrooms, each designed with comfort in mind. A well-appointed family bathroom completes this level, ensuring convenience for all occupants.
Adding to the allure, the property features a private rear patio garden, ideal for enjoying outdoor moments or hosting gatherings.
Situated in a prime location, you're just a stone's throw away from Brighton mainline station, facilitating easy commuting.
The picturesque St Anne's Well's Park is within walking distance, and the vibrant Seven Dials area, filled with an array of local amenities and restaurants, is also close by.
This property is being sold with a share of freehold and comes with no onward chain, making it an attractive opportunity for potential buyers.
Ground floor entrance hall living room 10' 11" x 15' 5" (3.33m x 4.7m) kitchen 9' 3" x 7' 4" (2.82m x 2.24m) first floor bedroom 1 11' 0" x 10' 1" (3.35m x 3.07m) bedroom 2 9' 4" x 7' 2" (2.84m x 2.18m) bathroom outside rear patio garden
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 1, 7, Addison Road, Hove
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