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Old Shoreham Road, Hove, East Sussex, BN3 - Image 1
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Old Shoreham Road, Hove, East Sussex, BN3

South East

£425,000
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1119 sqft

Description

Nestled away from the main road, this property boasts a driveway that accommodates off-street parking and a rear garage that could be transformed into a workshop or creative studio with the necessary permissions. The interior features a classic layout with spacious rooms filled with natural light, providing a strong foundation for renovation. While the home requires updates throughout, its robust structure allows for substantial modernization options to cater to contemporary tastes. The standout feature is undoubtedly the charming south-facing garden, serving as a serene sanctuary complete with mature greenery, ample entertaining space, and a tranquil pond—perfect for nature lovers and families. Located in a desirable residential area, it's conveniently close to respected local schools, Hove Park, and both Hove and Aldrington train stations, making it an appealing choice for families and commuters alike. This property presents a rare opportunity to invest in a home brimming with potential in an attractive part of Hove.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£380/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£650,284
10% above area average per sq ft
Potential ROI
+34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 5.3%
5 year growth: 17.0%
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

Old Shoreham Road, Hove, East Sussex, BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE