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See how verdicts work2-bedroom flat · BN3 3JB
Sold STCReduced £15k (−4.4%) on 26 OctListed 444 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in central Hove, just a short walk from Hove Station, this well-presented two double bedroom apartment is situated on the 8th floor of a purpose-built block.
The property includes a private balcony and offers good-sized accommodation in a highly convenient location.
Set on the 8th floor of a well-maintained purpose-built block on The Drive, this two-bedroom apartment offers spacious and practical living.
The property comprises a large lounge with access to a front-facing balcony, a separate kitchen with integrated appliances, two double bedrooms, and a bathroom.
The layout is functional and the flat is in good overall condition.
The property is ideally located close to a wide range of shops, cafes, restaurants, and green spaces, with the seafront also within easy reach.
Transport links are excellent, with Hove Station a short walk away offering direct routes to London and Gatwick. Local bus services run frequently to destinations across the city and beyond.
While every reasonable effort is made to ensure the accuracy of descriptions and content (text, photographs and floor plans) are for guidance only and are not necessarily comprehensive.
These particulars do not constitute part or all of an offer or contract.
Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation as well as proof of fund.
Value & comps
No previous sales on record.
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 asking
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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
FAQ
About Normandy House, 18 The Drive, Hove
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