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Lyndhurst Road, Hove, BN3

South East

£1,000,000
Listed on 02/08/2025

Property Details

Bedrooms
4
Type
Terraced
Area
1785 sqft

Description

This charming Edwardian residence presents a wonderful opportunity for families seeking both space and character, with significant potential for renovation and expansion. Nestled in the desirable Lyndhurst/Highdown area, this property boasts a generous footprint with multiple reception areas, high ceilings, and traditional features like original cornicing and panelled doors, which can be enhanced or modernized to suit contemporary tastes. The flexible layout includes three reception rooms, two of which are equipped with working fireplaces that add a touch of warmth to the living environment. The kitchen is currently modern but could benefit from an upgrade or redesign to improve functionality and style while connecting seamlessly with the dining room for a more open-plan feel. Upstairs, four spacious double bedrooms provide ample accommodation, with potential for minor alterations to optimize space. Notably, the loft area is already floored and lit, offering immediate storage solutions and presenting a prime opportunity for conversion into additional bedrooms or a home office with appropriate planning permissions. The garden is designed for outdoor enjoyment but could be further developed into an attractive entertainment space or vegetable garden if desired. With local schools and transport links within easy reach, as well as proximity to parks and vibrant community amenities, this property is not just a home but also an investment in family-friendly living. Given its location within the South East's sought-after market, there is considerable scope to increase value through renovations and extensions that cater to modern living requirements.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£560/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£348
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£1,035,157
10% above area average per sq ft
Potential ROI
-3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
84
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +7.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +15.9%
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

Lyndhurst Road, Hove, BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,542
Based on a loan of £750,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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