3-bedroom flat · BN3 3TE
Sold STCListed 295 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £600,000 - £625,000 || Magnificent three-bedroom maisonette arranged over the first and second floors (top) of a semi-detached Victorian Villa with just under 1,300 square feet of flexible living space, within easy walking distance of Hove station, Church Road’s shops, cafés and restaurants, and Hove Seafront.
From the street a few steps raise to the main entrance which is shared with just one other flat. Internal stairs lead to the main landing, which is spacious and incorporates a study/office area.
There is a west-facing lounge with feature fireplace and large sash windows that provide plenty of afternoon and evening light.
The spacious kitchen and dining room is a fabulous space with a full range of integrated appliances with stone work tops. The third bedroom is a “double” and overlooks the rear garden.
The large main bathroom includes a bath with shower over.
On the second floor which is the top, there are two further double bedrooms both with window seats offering east and west aspects, the east bedroom has access from the window to a fire escape which could be used to catch some sun.
Both bedrooms are served by a “Jack and Jill” shower room.
Period features such as high ceilings and cornicing have been retained, there are plantation shutters and the neutral décor throughout enhances the sense of space and light.
The property also benefits from a share of freehold. Worthy of note is that all 3 flats in the house are owner occupied.
The location is fabulous being a short walk to Hove station, Church Road is near-by with a variety of restaurants, bars and boutique shops. Hove seafront is a 5 minute walk. EPC Rating: E
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.
Area
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FAQ
About Denmark Villas, Hove, BN3
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