1-bedroom flat · BN3 1WE
Sold STCReduced £19.8k (−16.5%) on 25 MayListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whitlock & Heaps are delighted to present to market this spacious one bedroom flat forming part of the first floor of this purpose built building.
This property boasts a good size living room with walk through to kitchen, gas central heating and double glazing throughout. Benefitting from a communal garden and being in a secure gated residence.
Bus routes operate locally making public transport across the city simple.
This sought after road is local to both Church Road and Seven Dials with their vast array of shopping facilities, eateries and cafés.
This property is brought to market with a 50% share of ownership and no onward chain. ENTRANCE HALL Cupboard housing water tank, telecom, electrics, radiator.
LIVING ROOM Thermostat, UPVC double glazed windows to rear, radiators.
KITCHEN Stainless steel sink with mixer taps and drainer with tiled splashback, vinyl work surfaces with cupboards below and matching eye level cupboards.
Four ring gas hob with extractor above and oven below. Space for washing machine, fridge and freezer, cupboard housing 'Gloworm' gas fired conventional boiler.
BEDROOM UPVC double glazed windows, radiator. SHOWER ROOM Comprising step in shower cubicle being mostly tiled, fitted heated towel rail, vanity unit, low level w.c, extractor above.
OUTGOINGS Shared ownership 50% Rent £178.54 Service Charges £155.53
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 Chatsworth Square, Hove
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