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See how verdicts work2-bedroom terraced house · BN3 4QJ
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Coastal Opportunity Two Self-Contained Flats with Potential to Create a Stunning Family Home St.
Leonards Avenue, Hove An exciting opportunity to acquire two self-contained flats within the same building, offering exceptional scope for reconfiguration into a substantial single family residence, subject to the necessary consents.
Situated in one of Hove's most desirable coastal locations, this versatile property presents an attractive proposition for homeowners, developers and investors alike. Prime Coastal Location St.
Leonards Avenue enjoys an enviable position just moments from Hove's seafront, situated south of New Church Road and within easy reach of the vibrant amenities that make this area so highly sought after.
The property is ideally located close to Hove Lagoon, offering a range of water sports activities, scenic coastal walks and a popular café, while the promenade provides miles of uninterrupted seafront enjoyment.
The nearby beach park development has transformed the local coastline, creating a vibrant destination featuring landscaped gardens, outdoor sports facilities, wheeled sports areas including a skate plaza and pump track, tennis and padel courts, as well as a selection of popular hospitality venues including Rockwater and Babble.
Excellent Transport Connections Commuters are particularly well served, with Portslade Mainline Railway Station located less than half a mile away, providing direct services to Gatwick Airport and Central London.
Comprehensive local bus routes offer convenient access to Brighton city centre, surrounding coastal areas and beyond.
Lifestyle and Amenities The surrounding neighbourhood benefits from an excellent selection of independent shops, cafés, restaurants and everyday conveniences, alongside nearby supermarkets and well-regarded schools within the local catchment area.
For those who enjoy outdoor pursuits, Wish Park and Hove seafront are within close proximity, while Benfield Valley Nature Reserve, located just over a mile to the north, offers an outstanding natural environment connecting Brighton & Hove with the South Downs National Park.
The reserve provides an ideal setting for walking, cycling and family exploration.
Development Potential Whether retained as two individual dwellings or converted into an impressive family home, this property offers a rare combination of versatility and location.
The potential to create a substantial coastal residence in such a sought-after position makes this an opportunity not to be missed.
Key Features Two self-contained flats Potential to convert into one substantial family home (subject to necessary consents) Highly desirable Hove location close to the seafront Moments from Hove Lagoon and beach park development Easy access to Rockwater, Babble and other seafront amenities Less than half a mile from Portslade Mainline Station Direct rail links to Gatwick Airport and London Close to local shops, cafés, restaurants and supermarkets Within catchment for well-regarded local schools Near Wish Park and Benfield Valley Nature Reserve Ideal home, investment or development opportunity A rare chance to secure a flexible coastal property with outstanding lifestyle appeal and remarkable potential in one of Hove's most sought-after residential locations.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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 99, St. Leonards Avenue, East Sussex
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