We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Situated on the top floor of a handsome yellow brick Victorian building, this spacious two bedroom apartment presents an excellent opportunity for buyers seeking a project.
Exclusive to Mansell McTaggart and offered with no onward chain plus a brand new lease, the property is ready for full renovation, allowing you to create a bespoke home tailored to your tastes.
The flat features generous room proportions with ample built-in storage throughout for practical living.
Both bedrooms are well-sized, while the living area offers flexibility for entertaining or relaxing.
The kitchen and bathroom require updating, presenting a blank canvas for modernisation with huge amounts of storage space.
Set in a prime central Hove location, the apartment is within easy walking distance of the seafront, Hove train station, and the vibrant shops, bars, and restaurants of Church Road.
This property provides an ideal investment for first-time buyers, downsizers, or those looking to add value through refurbishment.
Viewings are highly recommended to appreciate the potential and enviable location of this characterful home.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Flat 5, 15 Wilbury Road, Hove
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