2-bedroom flat · BN3 3WH
Sold STCReduced £25k (−9.1%) on 27 AprListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whitlock and Heaps bring to market this raised ground floor two bedroom apartment that is presented in excellent order throughout with an open plan south facing kitchen/living room and modern shower room.
The property features a private rear garden and benefits from being situated in this most convenient location within a few minutes walk of Hove mainline station and seafront.
An array of independent eateries, cafes and shops are also within a short walk. Being sold with no onward chain.
KITCHEN/LIVING ROOM Incorporating stainless steel sink unit with drainer and mixer tap, adjacent laminate worksurface with cupboards and drawers under, matching eye level wall cupboards, inset ceramic hob with extractor over, electric oven, washing machine and fridge/freezer, south facing UPVC double glazed bay window, heater.
BEDROOM 1 UPVC double glazed window and French doors onto garden, heater. INNER HALL Fitted cupboard. BEDROOM 2 UPVC double glazed window, heater.
SHOWER ROOM Comprising walk in shower, wash hand basin with unit under, low level w.c, part tiled walls, UPVC double glazed window. OUTSIDE PRIVATE REAR GARDEN Paved patio.
OUTGOINGS Lease 150 years from 2019. The building has the right to manage with no set monthly maintenance charge and works completed on an as and when required basis. Ground Rent £150 per annum.
Council Tax Band A (taken from the government website, 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
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 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
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