# 2 bedroom apartment for sale (BN3 1BA)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, PALMEIRA PLAZA, 63, HOLLAND ROAD, HOVE, BRIGHTON AND HOVE BN3 1BA |
| Price | £575,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 72 m² |
| Last sold | £565,000 Oct 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 27/09/2031
- **Current heating cost:** £294/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-2178-4010-2929-4931)

## 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.

## Property Photos

- ![Photo](/listings/photos/134378804/1254508)
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## Floorplans

- ![Floorplan 1](/listings/photos/134378804/1254577) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/134378804/1254584) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PALMEIRA PLAZA, 63 FLAT 2 HOLLAND ROAD, HOVE, BRIGHTON AND HOVE, BN3 1BA | £565,000 | 19/10/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £355,022 (194 Flat, BN3, 2024–2026)
- **Deviation:** +62%

## Rental Range

*ONS Price Index of Private Rents (Brighton and Hove). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,634/mo
- **Realistic:** £1,816/mo
- **Optimistic:** £1,998/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Brighton and Hove (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.3% (weak for cashflow)
- **Max investor price (0.8%):** £218,750
- **Target investor price (1%):** £175,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,750/mo).*

- **Gross yield:** 3.7%
- **Cost-to-rent:** 27.4×
- **Monthly cashflow:** £-714/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -5.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £7,986/m²

## Capital growth trend

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

- **5y growth:** -10.1%
- **10y growth:** 6.3%

## House Price Index (HM Land Registry)

*Official index for Brighton and Hove; Flats and maisonettes series; as of April 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)