2-bedroom flat · BN3 3GA
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the first floor of an attractive period building on Palmeira Avenue, this beautifully presented two-bedroom apartment combines elegant original features with contemporary styling.
Positioned in the heart of Hove, moments from the seafront and a selection of local amenities, it also benefits from access to a substantial communal roof terrace.
Extending to approximately 592 sq ft, the accommodation is arranged, with an impressive open-plan kitchen, dining and living room forming the centrepiece of the home.
High ceilings, intricate decorative cornicing, large sash windows and a striking period fireplace give this space a wonderful sense of character and proportion.
The fitted kitchen complements the room’s period detailing, incorporating integrated appliances and storage.
There is ample space for a dining table alongside comfortable seating, creating an appealing setting for everyday living, relaxed evenings and entertaining friends.
The principal bedroom is a generous double, retaining original features that reflect the character of the building.
The second bedroom offers useful flexibility, whether required as a guest bedroom, home office or occasional sleeping space.
A contemporary bathroom, finished in neutral tones, completes the accommodation. A particularly attractive feature is the substantial communal roof terrace.
Providing valuable outdoor space in this central setting, it offers somewhere to enjoy the sunshine, relax or entertain, with elevated views across the surrounding area.
During the warmer months, it adds another appealing dimension to the apartment.
Palmeira Avenue is one of Hove’s most desirable addresses, admired for its handsome period architecture and convenient position.
The seafront is a short stroll away, while Church Road and Western Road offer an extensive choice of cafés, restaurants, independent shops and everyday amenities.
Hove Station is also within easy reach, providing rail connections to London and beyond.
Further benefits include a long lease, residents’ parking on a first-come, first-served basis and permit parking availability.
Offered with no onward chain, this charming apartment presents an opportunity to enjoy a characterful home with versatile accommodation and shared outdoor space in a highly sought-after Hove location.
Value & comps
No previous sales on record.
Returns
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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.
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About Palmeira Avenue, Hove
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