Flat 3, 25, Arthur Street, HOVE, East Sussex, BN3 5FD

Description

Leasehold first floor flat 89 years remaining on lease Location: The property is located on Arthur Street. Shopping amenities can be found locally within Hove . Public transport links are available at Aldrington Train Station to the north and Hove Train Station to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A2023 to the east and A270 to the north. Recreational pursuits can be found at Stoneham Park to the south west. Accommodation: Open plan studio room, one additional room and shower room/wc EPC Rating: C Council Tax Band: A Lease: Held on a lease for a term of 100 years from and including 29/09/2015 to and including 28/09/2115. To view: 28/8, 5/9 at 3:30pm No booking required – Please arrive at the time stated

Location

The property is located on Arthur Street. Shopping amenities can be found locally within Hove . Public transport links are available at Aldrington Train Station to the north and Hove Train Station to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A2023 to the east and A270 to the north. Recreational pursuits can be found at Stoneham Park to the south west. Accommodation: Open plan studio room, one additional room and shower room/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆