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See how verdicts work2-bedroom flat · BN3 1EA
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A WELL PRESENTED TWO DOUBLE BEDROOM GROUND FLOOR FLAT in a CONVERTED PERIOD BUILDING located at the top of one of HOVE'S FINEST SEAFRONT SQUARES.
The accommodation comprises entrance hall, 19' OPEN PLAN LOUNGE/KITCHEN with WOODEN FLOORING, BATHROOM, SEPARATE WC, GCH, EPC C.
Ground Floor - Entrance Hall - South aspect window, entry phone system, ceiling spotlights, radiator, wooden flooring.
Open Plan Lounge/Kitchen - Two East aspect sash windows with shutters to sides, wooden flooring, radiator.
Kitchen Area - Fitted with a range of eye kevel wall cupboards and base cupboard and drawer units, worktops, tiled surround, stainless steel single bowl single drainer sink unit with mixer tap, electric oven, gas hob with extractor fan over, plumbed space for washing machine, space for further appliance, extractor fan, tiled floor.
Bathroom - Fitted with white suite comprising panelled bath with wall mounted shower, screen to side, wash hand basin with mixer tap and cupboard under, mirror fronted medicine cabinet, low level close coupled WC, tiled walls, tiled floor, extractor fan, chrome ladder style heated towel rail..
Bedroom 2 - West aspect window, cupboard housing boiler, radiator. Separate Wc - Fitted with white suite, South aspect window. Bedroom 1 - Two South aspect windows, radiator.
Additional Information - Lease - Approximately 159 years remaining Ground Rent - Doesn't get collected Maintenance - £1,756 COUNCIL TAX BAND B - £2,006.23
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
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FAQ
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