Cromwell Road, Hove, BN3 3EG

Studio flat · BN3 3EG

386 sq ft1 bathGROUND FLOOR STUDIO APARTMENT · SEPARATE KITCHEN · FLOOR TO CEILING WINDOWS

Asking

£140,000

Sold STCReduced £20k (−12.5%) on 8 AprListed 220 days

Chain FreeEx-CouncilCharacter

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

Start free Log in

About

The property

*** GUIDE PRICE £140,000 - £160,000 *** Perfectly located in central Hove, moments from the amenities of Church Road, George Street, and a short walk to the seafront.

A well-presented GROUND FLOOR PERIOD STUDIO APARTMENT. Sold with NO ONWARD CHAIN.

Set on the ground floor of a characterful property, this large studio apartment is presented to a good standard and is filled with plenty of natural light thanks to large floor-to-ceiling bay windows and high ceilings.

A separate kitchen and a shower room with classic white fittings complete this well-proportioned home, offering both comfort and space in a sought-after location.

Located in the very heart of Hove, this property is ideally positioned for cricket fans, with the Sussex County Cricket Club ground situated directly behind.

The bustling café culture, shops, bars, and restaurants of Church Road, George Street, and Seven Dials are all within easy walking distance, while a gentle stroll down The Drive and Grand Avenue takes you to Hove Lawns, the promenade, and beach.

The green open spaces of St Ann's Well Gardens, Hove Recreation Ground, and Hove Park are all within walking distance, offering everything from a miniature railway to tennis courts and outdoor gyms.

Hove mainline train station is within walking distance from your door and provides convenient commuter routes to London and Gatwick, while regular bus services to the centre of Brighton, outlying areas, and up to Devil’s Dyke are close at hand.

Cromwell Road is situated in Parking zone O and the property is currently in council tax band A, which is charged at £1,637.19 for 2025/26.

EPC rating - TBC Council Tax – A Parking – O Broadband & Mobile Phone Coverage – Prospective buyers should check the Ofcom Checker website Planning Permissions – Please check the local authority website for any planning permissions that may affect this property or properties close by.

TENURE & OUTGOINGS Tenure: Leasehold Unexpired term on lease - 75 years. Please talk to Sawyer & Co for further information regarding a lease extension.

Service Charge - £1,538.40 pa Ground Rent - £80 pa Reserve Fund -£433.60 pa This information has been provided by the seller. Please obtain verification via your legal representative. EPC Rating: D

Chain Free

Ex-Council

Character

Key information

Price per Square Foot

£363/sq ft

Based on 386 sq ft (36 sq m)

Floor Area

386 sq ft (36 sq m)

Council Tax Band

Band A

Estimated ~£1200/year

Tenure

Leasehold

Local Authority

The City of Brighton and Hove (B)

Unitary Authority

Property features

GROUND FLOOR STUDIO APARTMENT
SEPARATE KITCHEN
FLOOR TO CEILING WINDOWS
PERIOD PROPERTY
HIGH CEILINGS
NO ONWARD CHAIN
SOUGHT-AFTER LOCATION
CLOSE TO WIDE CHOICE OF AMENITIES

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market220 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market220

Price reduction-12.5%

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

Price reduced£160,000 → £140,000 (-12.5%)08-04-2026

Still activeDay 220 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.