2-bedroom flat · BN3 3JB
Sold STCReduced £5k (−1.4%) on 13 AprListed 224 days
Opportunity summary
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About
Situated in the desirable location of Normandy House on The Drive in Hove, this fifth-floor flat presents an excellent opportunity for those seeking a home with stunning views and the potential for personalisation.
Boasting two generously sized double bedrooms, both equipped with built-in double wardrobes, this property offers ample storage space to accommodate your needs.
The spacious living room is a highlight of the apartment, providing a comfortable area for relaxation and dining, while the west-facing balcony has far-reaching sea and coastal views, perfect for unwinding after a long day.
The kitchen, although in need of refurbishment, offers a blank canvas for you to create your dream culinary space.
Additionally, the flat features a separate bathroom and toilet, providing convenience for residents and guests alike.
There is additional storage in the lower ground floor of the building, the locker is a good size and is secure.
This purpose-built flat is sold with no onward chain and includes a share of the freehold, making it an attractive proposition for both home buyers and investors.
While the property requires modernisation throughout, it presents a unique opportunity to tailor the space to your personal taste and style.
With its prime location in Hove, you will find yourself within easy reach of local amenities, transport links, and the beautiful coastline.
This apartment is not just a home; it is a chance to embrace a lifestyle enriched by the charm of Hove and living by the sea.
Location - This property is in an excellent central Hove location, ideally positioned for all that Brighton and Hove has to offer in addition to being surrounded by impressive period architecture.
Hove mainline station is less than half a mile in distance and provides convenient commuter links to London and Gatwick.
There are regular bus services on your door step allowing easy travel all across the city and to nearby towns and villages.
This area has an extensive selection of café's, shops, bars and restaurants in nearby Church Road, George Street and Blatchington Road.
A short distance away are the green open spaces of St Ann's Wells, Hove Park and a short leisurely stroll towards the sea down Grand Avenue, takes you directly onto Hove Lawns and the seafront.
Nearby, Palmeira Square and Adelaide Crescent also offer open spaces to relax and for cricket fans the County ground is situated on Eaton Road.
The renowned Marrocco’s is close at hand on King’s Esplanade with handmade Italian ice-cream, perfect for hot summer days.
Additional Information - (As advised by our client) EPC Rating: D Internal measurements: 86 Square metres / 926 Square feet Tenure: Share of Freehold - 933 years remaining on the Lease Service Charges: £2,080.34 per year in addition the reserve fund of £886.80 per year Council Tax Band: D Residents Parking Zone: N
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 Normandy House, The Drive, Hove
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