2-bedroom flat · BN3 1PE
Sold STCReduced £25k (−7.1%) on 27 MarListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £325,000 - £350,000*** A beautifully presented two-bedroom flat forming part of the first floor of this highly sought-after purpose-built block in central Hove.
Bright and spacious throughout, the flat is offered for sale in excellent decorative order and benefits from a share of freehold and access to stunning communal gardens.
This beautifully maintained building is entered via an impressive communal hallway with original period features, with stairs or a passenger lift leading to the first floor where the flat is located.
Internally, a wide hallway with attractive wooden flooring gives access to all rooms.
There is a generous, bright and spacious living/dining room with a south-facing bay window and feature fireplace, a well-equipped kitchen with integrated appliances, modern bathroom, and two double bedrooms – both with built-in storage.
The flat is filled with natural light and finished to a high standard throughout. Furze Croft is ideally situated on Furze Hill, close to St Ann’s Well Gardens with its café and tennis courts.
The property is within easy reach of Western Road’s shops, the seafront, and Churchill Square shopping centre. Brighton railway station is also nearby, offering excellent links to London and beyond.
Living Room - 5.69m x 3.84m (18'8" x 12'7") - Kitchen - 3.25m x 1.75m (10'8" x 5'9") - Bathroom - Bedroom - 4.95m x 3.10m (16'3" x 10'2") - Bedroom - 3.58m x 3.43m (11'9" x 11'3") -
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
Agent & docs
FAQ
About Furze Croft, Furze Hill, Hove
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