House · BN3 5HB
Listing removedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Room Only available in a lovely family house in the popular Poets corner area of Hove. All bills included. The owners are a friendly family looking for a flatmate for a short or long term stay.
They have two children (9 and 14 years) and two small dogs (Chihuahua cross). It is a lovely newly-furnished and spacious single room with a shared bathroom next to it as shown in the photos.
They have another shower room so the bathroom is nearly always free.
The Victorian house is in the heart of Poets Corner and is only a 2 minute walk to Aldrington Train Station, local shops and bus routes and a 20 minute walk to the sea, making its location ideal.
All bills included and you will have access to the garden, modern kitchen and gorgeous Japanese bath and shower.
They would like to keep some family privacy but also enjoy making friends and sharing some meals and vino..... Maybe a sauna too!
Private access to the sauna in the back garden is negotiable but may incur extra costs. Available late August!
They are looking for a friendly and respectful individual who is a professional or mature student in search of a cosy room in Hove. Please contact us for more details and to arrange a viewing.
Broadband and Mobile Phone: Ofcom suggest that Ultrafast broadband is available to this property and 5g Mobile signal may be available on some networks.
Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 ROOM AT, 29, Payne Avenue, East Sussex
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