2-bedroom flat · BN3 3DH
Sold STCListed 256 daysAuction 25 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY AUCTION 29th April 2026 (potential to purchase pre-auction) Located in a desirable residential area, this well-presented two-bedroom patio garden flat offers an excellent opportunity for both investors and first-time buyers alike.
With an approximate internal area of 545.3 sq ft, the property is thoughtfully arranged and benefits from a private courtyard garden, perfect for relaxing or entertaining.
The flat comprises two generously sized double bedrooms, a spacious reception room ideal for modern living, a well-equipped kitchen, and a contemporary family bathroom.
The layout maximises space and light, providing a comfortable and functional home.
Conveniently situated just a short walk from Hove train station, the property boasts excellent transport links to both London and Brighton, making it ideal for commuters or those looking for easy access to city life while enjoying a coastal setting.
Currently offering a strong rental value of £1,200 per calendar month, this property presents an attractive buy-to-let investment opportunity.
The property is being offered for sale by auction, with the added advantage of pre-auction offers being welcomed – early interest is strongly advised.
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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