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Derek Avenue, Hove, BN3

South East

£900,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1240 sqft

Description

Nestled on a serene road near the scenic Wish Park and Hove Lagoon, this semi-detached 1930s home offers a blend of ample living space and future potential. With three double bedrooms and two spacious reception areas, the property is well-suited for families while also providing opportunities for expansion—both upwards and outwards into the sunlit eastern garden. The home has been carefully maintained over the years but presents an exciting chance for new owners to modernize or customize it to their taste, ultimately enhancing its value in a desirable location. The community vibe in this area is palpable, with excellent local schools and convenient transport links via Portslade Station and major roads connecting to London and along the South Coast. Amenities are plentiful within walking distance, minimizing the need to venture far into the city. Featuring stunning bay windows, high ceilings, and charming period details such as picture rails and skirtings, this residence radiates character. The entrance hall leads you through to a light-filled living space that seamlessly connects to a sunroom overlooking the manicured garden—a perfect setting for relaxation or entertaining. While the kitchen maintains its classic country cottage feel with functional cabinetry and integrated appliances, there is room for modern updates if desired. Outside, the expansive garden—bathed in sunlight—includes a raised deck ideal for alfresco dining and an outbuilding that holds various possibilities for renovation as a workshop or studio. On the first floor are three comfortable double bedrooms complemented by a traditional bathroom that invites reconfiguration to suit contemporary needs. This property represents not just a beautiful family home but also a sound investment opportunity in a sought-after coastal area where personal touches can significantly increase its appeal.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +37.4% above area average per sq ft

+37.4%
This Property
£726/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£720,328
10% above area average per sq ft
Potential ROI
-27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.6%
5 year growth: +16.7%
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

Derek Avenue, 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
£3,246
Based on a loan of £675,000 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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