4-bedroom terraced house · BN3 1TP
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely four bedroom mid-terraced house located in the heart of popular seven dials.
This home is deceptively spacious and is arranged over three floors and briefly comprises of:- Living/dining room with fireplace, wood flooring, lovely large bay window to the front and door accessing the garden to the rear.
The kitchen has been perfectly arranged and has tiled flooring, plenty of white high gloss units and appliances include integrated dishwasher, fridge freezer, 5 ring gas hob, electric oven, extractor and oak effect worktops.
Bi-folding doors from the kitchen/breakfast area lead out to the south garden which is extremely low maintenance and feels very private.
Stairs from the entrance hallway lead to the first floor where there is a chic family bathroom with stripped wooden flooring and oversized bath; utility room with W/C and space for a washing machine & tumble dryer and two double bedrooms, the largest being at the front with an attractive bay window.
Stairs from the landing lead to the top floor where there are two further double bedrooms plus a second bathroom which has been built into the eaves.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 38, Addison Road, Hove
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