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King George VI Drive, Hove BN3

South East

£450,000
Listed on 07/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
849 sqft

Description

Nestled at the end of a quiet cul-de-sac in the sought-after Goldstone Valley area of Hove, this extended bungalow presents a promising canvas for buyers looking to infuse their personal style. The home is conveniently located just over a mile from Hove Park and the stunning walks at Devil's Dyke National Trust, offering scenic views towards Brighton and, on clear days, glimpses of the sea. Although in generally good condition, the property does require modernisation and provides an excellent opportunity for investors or those wishing to renovate and refresh their living space. Entering through the UPVC door, you'll find a welcoming hallway that sets the stage for spacious living. The expansive lounge diner features large windows that let in ample natural light, along with access to a conservatory that opens onto a private garden – ideal for entertaining or gardening enthusiasts. The kitchen includes essential appliances with room for updates. Both bedrooms come equipped with fitted wardrobes, maximizing storage potential. The ensuite shower room and main bathroom are functional but could benefit from updating to align with contemporary standards. Outside, there's generous off-road parking alongside a rear garden complete with a brick-built barbeque area shaded by mature trees. This space offers great potential for outdoor gatherings or personalisation while requiring manageable upkeep. With the added convenience of no chain and its freehold status, this property holds significant appeal for those looking to make their mark.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£530/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£492,305
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
82
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +3.9%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on BN3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

King George VI Drive, Hove BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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