Studio flat · BN2 3ET
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An opportunity to purchase this studio flat with separate street entrance situated in popular residential location.
The property comprises a studio room with fitted storage, kitchen/diner and bathroom. Further benefits include a formal front garden and is offered to the market with no onward chain.
Seperate street entrance - UPVC double glazing door to: Studio room - New carpet, two wall lights. Radiator, UPVC double glazed window. Range of fitted storage cupboards. Recessed fireplace.
Open archway to: Kitchen/ diner - Fitted with a range of laminate topped base units with matching eye level wall cupboards. One cupboard housing 'Artison' gas fired combi boiler.
Integrated washing machine. Inset sink unit with mixer tap. UPVC double glazed window. Cooker with extractor over. Radiator. Further low-level storage cupboards.
Inner lobby door to: Bathroom - Coloured suite comprising panelled bath with shower attachment over, pedestal wash hand basin and WC.
Radiator and extractor fan, medicine cabinet with further lighting. Outside - Formal front garden, external light. Tenure.......... Leasehold (to include share of freehold) lease............
Tbc maintenance.......... On an 'as and when' basis. We understand this flat is responsible for one third of building expenditure.
Viewing By appointment with Hanover Homes telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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 advisors 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
Agent & docs
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FAQ
About 29a Elm Grove, Brighton
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