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See how verdicts workStudio flat · BN3 3JX
For saleReduced £35k (−20.6%) on 26 OctListed 373 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Why is The Drive in Hove so wonderfully located and the most prestigious of addresses? I hear you ask. Well, it's in the heart of central Hove and close to all amenities.
Ideal for commuters and those who love being close to the seafront and Hove Lawns. Hove's BN3 area was named as the most sought-after location in England and Wales for young professionals.
The Drive is ideally located for all that Brighton and Hove has to offer.
The bustling cafe culture, shops, bars and restaurants of Church Road are only a 2 minute walk away, and the green open spaces of both St Ann's Well Gardens and Hove Park are within easy reach, as is road access to the A27 and A23.
Hove mainline station is also within really easy walking distance, providing convenient direct links to London and Gatwick.
This large and well designed studio is perfect for getting on the property ladder or for investors as an excellent rental.
Purpose designed as a studio, the space has been maximised and things like room proportions and storage have been well thought through.
There are 5 excellent sized cupboards/wardrobes built into the footprint which takes pressure off of the large studio room. The bathroom incorporates a large shower.
The kitchen is separate and has enough room for a handy breakfast bar. Studio 5.15m x 3.05m - 16'11" x 10'0" Large Studio room. Brand new large east facing double glazed windows.
Large built in storage. Kitchen 3.1m x 1.05m - 10'2" x 3'5" New glazing. Loads of storage and large kitchen work top. Built in breakfast bar.
Bathroom 1.96m x 1.86m - 6'5" x 6'1" Shower room with white suite and towel rail
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
Agent & docs
FAQ
About Marlborough Court, 46-48 The Drive, Hove, East Sussex, BN3
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