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See how verdicts work1-bedroom flat · BN3 4GU
For saleReduced £10k (−4.2%) on 13 SepListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**70% Shared Equity- No Rent to Pay** An exceptionally well-presented one-bedroom apartment occupying part of the second floor of this highly sought-after modern purpose-built development, ideally positioned on Hove's newly regenerated seafront.
Early and internal viewing is highly recommended.
The property forms part of one of Hove's most desirable recent developments, benefiting from beautifully maintained communal areas, step-free access via a ramp, two passenger lifts, and a disabled visitor parking bay.
The building is dog-friendly and enjoys a strong sense of community amongst residents.
The accommodation comprises an entrance hall with a large storage cupboard, a bright open-plan kitchen, living and dining room with integrated appliances and contemporary finishes, a generous modern bathroom, and an excellent-sized double bedroom with fitted wardrobes.
Underfloor heating runs throughout the apartment, while the high level of insulation contributes to economical running costs. The property is offered for sale in excellent decorative order throughout.
The remaining 30% shared equity offers no additional monthly rental payment, unlike other schemes, presenting an attractive opportunity for prospective purchasers.
Situated on Hove seafront, the property enjoys a prime position with the beach and promenade directly opposite.
Rockwater Hove is just across the road, while Yellowave Hove offers a range of beach sports and activities nearby.
Church Road is within easy reach, providing an excellent selection of shops, cafés and restaurants, and regular bus services provide convenient access into both central Hove and Brighton.
Hove Lawns and the seafront cycle path further enhance this highly desirable coastal location.
Living/Kitchen/Dining Room (7.04m x 2.57m (23'1" x 8'5")) Bedroom (4.60m x 3.05m (15'1" x 10'0")) Bathroom
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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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 advisers 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
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FAQ
About Flat 22, 189, Kingsway, Hove
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