2-bedroom bungalow · BN3 7NQ
Sold STCListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Weatherills are very pleased to present this semi-detached bungalow that offers a great deal of scope and potential for improvement and enlargement, whilst having gas central heating and double glazing, a conservatory, a garage and a south facing rear garden.
Located in Hove's ever popular Nevill area, close to good transport links, local schools, shops and cafes including a Flour Pot Bakery.
The accommodation within briefly comprises: 2 double bedrooms, a bathroom with a white suite, a good sized open plan family sized kitchen/diner, a lounge and a good sized south facing rear extension/loggia leading out onto the garden.
In terms of outside space, there is a good size front garden, a shared driveway leading to the garage and a large 80ft SOUTH FACING REAR GARDEN.
The bungalow is well laid out, has good room sizes, but principally offers a purchaser the opportunity to enlarge and improve the property, as many adjacent properties have done in the same road.
Value & comps
No previous sales on record.
Returns
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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 Fallowfield Crescent, Hove
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