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First, 11 York Road, Hove, East Sussex, BN3 1DJ - Image 1
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First, 11 York Road, Hove, East Sussex, BN3 1DJ

South East

£195,000
Listed on 27/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat, located on the first floor of a converted terrace building, offers a unique opportunity for renovation and investment. The property is being sold with vacant possession and includes a new lease upon completion, allowing for immediate planning of modernization efforts. The interior requires comprehensive updating, providing a blank canvas for potential buyers to tailor the space to their personal preferences or to enhance its marketability as a rental investment. Its configuration and layout present multiple possibilities for creative redesign. Situated in the desirable area of Hove, this flat is conveniently close to local amenities. A diverse selection of shops, cafés, and transport links are just a short walk away. Hove Station, along with the vibrant seafront, enhances accessibility while offering recreational opportunities to residents. The location also boasts proximity to significant green spaces such as St Ann’s Well Gardens and Hove Park. These areas not only provide pleasant outdoor settings but also contribute to the overall appeal of the neighborhood. With attractions like Hove Lagoon and Hove Lawns nearby—perfect for water sports and outdoor activities—this property combines urban convenience with leisure options. For transport links, Brighton and Hove stations offer services including Gatwick Express and Southern trains, making commuting straightforward. This flat stands out as an attractive option for buyers looking to invest in a property with considerable potential in a thriving community.

Investment Analysis

(BN3 area)
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

First, 11 York Road, Hove, East Sussex, BN3 1DJ
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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
£714
Based on a loan of £146,250 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