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Goldstone Street, Hove, East Sussex, BN3 - Image 1
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Goldstone Street, Hove, East Sussex, BN3 - Image 3
Goldstone Street, Hove, East Sussex, BN3 - Image 4
Goldstone Street, Hove, East Sussex, BN3 - Image 5
Goldstone Street, Hove, East Sussex, BN3 - Image 6
Goldstone Street, Hove, East Sussex, BN3 - Image 7
Goldstone Street, Hove, East Sussex, BN3 - Image 8
Goldstone Street, Hove, East Sussex, BN3 - Image 9
Goldstone Street, Hove, East Sussex, BN3 - Image 10
Goldstone Street, Hove, East Sussex, BN3 - Image 11

Goldstone Street, Hove, East Sussex, BN3

South East

£199,950
Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
534 sqft

Description

This two-bedroom terraced house presents a solid opportunity for renovation and investment in the vibrant coastal town of Hove, East Sussex. The property features an open-plan living area on the ground floor that combines lounge and kitchen-diner spaces, complemented by convenient cupboard storage. On the first floor, you will find two modestly sized bedrooms along with a shared bathroom. Outside, there is access to a communal garden, providing a pleasant outdoor space. The property requires significant renovation throughout, allowing the new owner to customize it according to their vision. This level of potential makes it particularly appealing to both owner-occupiers looking to create their ideal home and investors seeking to enhance value through refurbishment. Situated in Hove, this location benefits from proximity to the seafront, local independent shops, cafes, and quality schools. The town offers a harmonious blend of serene coastal living and urban amenities. Hove is well-connected via Hove Station, providing direct rail services to both Brighton and London — an attractive feature for commuters. With its combination of seaside charm and community spirit, Hove is consistently recognized as one of the most sought-after areas on the South Coast. This property represents not just accommodation but also an opportunity to invest in a desirable market known for its strong rental demand and capital growth potential. In terms of layout, the ground floor spans approximately 27.26 square meters (293 square feet), while the first floor adds another 22.42 square meters (241 square feet), totaling around 49.69 square meters (534 square feet). The house is freehold and connected to mains gas, electricity, water, and drainage—though prospective buyers are encouraged to verify these services independently. The council tax rating for this property is classified as band B by Brighton and Hove Council. Further details regarding energy performance can be provided upon request. This property is poised for transformation; with vision and effort, it could become an inviting residence or a valuable addition to any investment portfolio.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£374/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£310,323
10% above area average per sq ft
Potential ROI
+35.0%
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

Goldstone Street, 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
£732
Based on a loan of £149,962 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