Sold STC Flat

FLAT 2

PALMEIRA PLAZA, 63, HOLLAND ROAD, HOVE, BRIGHTON AND HOVE BN3 1BA

2 beds 2 baths 775 sq ft Listed 3 May 2023 (-1176d)

£575,000

Reduced on 22 Jun 2023

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Property details

Tenure

LEASEHOLD

Floor area

72 m²

Council tax band

D

EPC rating

C

Year built

England and Wales: 2007-2011

Last sold

£565,000 Oct 2023

Price per m²

£7,986/m²

Local average

£355,022 (+62%)

Deprivation

Decile 6 (19,642 of 33,755)

Street crime

1235 incidents within 1 mile (May 2026)

Key features

  • Two double bedrooms
  • Balcony
  • Views over Palmeira Square
  • Central Hove location
  • Parking Space
  • Underfloor heating throughout
  • Passenger Lift
  • Sold with no onward chain

Additional details

Parking
Yes

Description

SUMMARY
This stunning two bedroom purpose built flat with parking is located in prime central Hove, the property benefits from having two double bedrooms, large open plan living/kitchen, balcony overlooking Palmeira Square and is being sold with no onward chain.


DESCRIPTION
This stunning two bedroom purpose built flat with parking is located in prime central Hove, the property benefits from having two double bedrooms, large open plan living/kitchen, balcony over looking Palmeria Square and is being sold with no onward chain.

The large living/kitchen space in located towards the front of the building benefiting from views overlooking Palmeira Square this stunning space has lots of natural light and large bifold doors which lead onto the balcony. The large breakfast bar breaks the living space up from the kitchen. The kitchen comprises built in fridge/freezer, double oven and electric hob there is lots of storage and work space.

Master bedroom is carpeted throughout with large built in wardrobes and en-suite with shower with the second bedroom also being a double bedroom. The family bathroom is fully tilled with shower over bath, large double sink, WC and towel rail.

The property has a long lease and is being sold with no onward chain.

Agents Note 
The sale of this property is subject to grant of probate. Please seek an update from the branch with regards to the potential timeframes involved.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Listed by

Brighton

Sequence (UK) Limited - Connells

Reference: 134378804

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 28/09/2021

Expiry date: 27/09/2031

Current heating cost: £294/year

Potential heating cost: £294/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Sold 19/10/2023 (2 years ago) £565,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
38 FIRST FLOOR FLAT LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £165,000 16/01/2026 Flat
PALMEIRA AVENUE MANSIONS 21-23 FLAT 21 CHURCH ROAD, HOVE, BRIGHTON AND HOVE, BN3 2FA £208,500 12/01/2026 Flat
38 THE BASEMENT FLAT AT LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1HH £275,000 12/12/2025 Flat
GWYDYR MANSIONS FLAT 30 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £235,000 02/12/2025 Flat
GWYDYR MANSIONS FLAT 33B HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £290,000 25/11/2025 Flat
82 - 84 FLAT 11 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FH £360,000 29/10/2025 Flat
88 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FH £250,000 24/10/2025 Flat
24 FLAT 2 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FQ £225,000 22/08/2025 Flat
99A LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FN £382,500 11/08/2025 Flat
32 FLAT 3 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1HH £300,000 07/04/2025 Flat
82 - 84 FLAT 5 LANSDOWNE PLACE, HOVE, BRIGHTON AND HOVE, BN3 1FH £330,000 15/12/2023 Flat
9 FLAT 3 PALMEIRA SQUARE, HOVE, BRIGHTON AND HOVE, BN3 2JB £610,000 17/11/2023 Flat
36 FLAT 3 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FR £225,000 15/11/2023 Flat
GWYDYR MANSIONS FLAT 33A HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JW £420,000 31/10/2023 Flat
PALMEIRA AVENUE MANSIONS, 17 - 19 FLAT 9B CHURCH ROAD, HOVE, BRIGHTON AND HOVE, BN3 2FA £263,500 11/09/2023 Flat
PALMEIRA YARD, 75 3 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1JN £450,000 05/06/2023 Flat
17 FLAT 1A PALMEIRA SQUARE, HOVE, BRIGHTON AND HOVE, BN3 2JB £205,000 24/03/2023 Flat
5 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FS £716,000 24/01/2023 Flat
PALMEIRA AVENUE MANSIONS, 17 - 19 FLAT 8 CHURCH ROAD, HOVE, BRIGHTON AND HOVE, BN3 2FA £517,000 21/12/2022 Flat
29 FLAT 1 LANSDOWNE STREET, HOVE, BRIGHTON AND HOVE, BN3 1FS £310,000 19/12/2022 Flat
Same street PALMEIRA PLAZA, 63 THE PENTHOUSE, FLAT 7 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1BA £875,000 30/09/2021 Flat

Street average: £875,000 (1 sale)

Area average: £336,875 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -10.1%
10y growth 6.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Brighton and Hove. Series: Flats and maisonettes. As of April 2026.

1y (index) -3.1%
5y (index) -0.2%
10y (index) 15.1%

Rental Range

Estimated market rent for Brighton and Hove. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,634/mo
Realistic £1,816/mo
Optimistic £1,998/mo

Based on Local Authority from postcode lookup → Brighton and Hove.

LHA (30th percentile) floor for Brighton and Hove: £1,197/mo (Apr 2025 – Mar 2026)

Location

Address

65 Holland Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Gwydyr Hairdressers 0.0 miles
Shop Hidden Hearing 0.0 miles
Bus stop Palmeira Square 0.1 miles
Hospital The Montefiore Hospital 0.4 miles
Train station Hove 0.7 miles
Train station Brighton 0.9 miles
Hospital Aldrington House 1.0 miles
University University of Brighton Phoenix Halls 1.3 miles
University University of Brighton Moulesecoomb Campus 2.1 miles

Street-level crime

Category Count
Anti-social behaviour 301
Violence and sexual offences 287
Shoplifting 233
Public order 129
Other theft 78
Criminal damage and arson 50
Drugs 49
Other crime 30
Vehicle crime 22
Robbery 17
Bicycle theft 16
Theft from the person 9
Burglary 8
Possession of weapons 6
Total incidents 1235

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Brunswick Primary School Primary 0.2 miles Requires improvement — 11 Jul 2024
Brighton Girls GDST Other 0.4 miles (No rating)
The Montessori Place Other 0.4 miles Outstanding — 28 Sep 2022
South England International School Other 0.5 miles Good — 2 May 2023
St Mary Magdalen Catholic Primary School Primary 0.6 miles Good — 5 Dec 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Brunswick Place, BN3 £1,750/mo 2 0.14 miles OpenRent

Average rent: £1,750/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.3%
Max investor price (0.8%) £218,750
Target investor price (1%) £175,000
Gross yield 3.7%
Cost-to-rent ratio 27.4×
Monthly cashflow £-714/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).