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Shakespeare Street, Hove

South East

£500,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
861 sqft

Description

This Victorian bay-fronted property features three bedrooms and presents a promising opportunity for renovation and investment. The ground floor offers a through living/dining room that benefits from a sash bay window, providing ample natural light, and leads to a separate kitchen equipped with essential appliances and access to the south-facing patio garden. The interior layout includes a first-floor landing with access to the loft space, enhancing potential for future expansion (subject to necessary consents). The three bedrooms are generously sized, each with its own radiator, creating a comfortable living environment. The bathroom retains classic fittings, including a panelled bath with a shower over and traditional wash hand basin. Located in the desirable Poets Corner district of Hove, this home is within walking distance of Hove mainline station, offering convenient transport links. Additionally, the seafront is nearby, providing access to beachside recreational activities. With updating needed throughout, this property offers significant potential for those looking to create their ideal living space or capitalize on an investment in a sought-after area. The south-facing patio garden adds further charm while presenting an opportunity for outdoor enhancements or landscaping ideas.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +9.9% above area average per sq ft

+9.9%
This Property
£581/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£500,353
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shakespeare Street, 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
£1,832
Based on a loan of £375,000 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