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Old Shoreham Road, Hove

South East

£550,000
Listed on 10/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1206 sqft

Description

This four-bedroom end-of-terrace home presents a solid foundation for renovation and personal customization. Spanning approximately 1,211 sq ft, the property includes a detached double garage/workshop situated at the end of the garden, accessible via a private side driveway—an appealing feature for storage or potential workspace. The interior layout consists of a bright bay-fronted living room featuring a classic fireplace, complemented by a formal dining area with direct access to the garden. The kitchen/breakfast room is notably spacious at over 21 feet in length, offering ample room for reconfiguration or modernization. On the upper level, you’ll find four bedrooms, including three generously-sized doubles alongside a family bathroom. The exterior boasts a well-maintained rear garden adorned with mature plants, ideal for outdoor relaxing or entertaining. The patio area leads to the impressive garage/workshop, measuring 17’3 x 17’1, which holds great promise for conversion into additional living space or a studio. Situated just moments from Hove Park, this property benefits from proximity to open green spaces and sports facilities that are perfect for families. Hove mainline railway station is conveniently within walking distance, providing quick access to London and Gatwick Airport. Local schools, shops, and public transport options enhance its appeal as an investment opportunity in this desirable neighborhood. With significant potential for expansion—both to the rear and into the loft (subject to planning permission)—this home is primed for those looking to create their ideal living space while securing long-term value in one of Hove's sought-after areas.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£456/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£700,843
10% above area average per sq ft
Potential ROI
+18.8%
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
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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
£2,015
Based on a loan of £412,500 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