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Cross Street, Hove

South East

£300,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1212 sqft

Description

This property is situated in a prime location in Brighton, just a short walk from the iconic seafront and the bustling city centre shopping area. Its central position makes it an appealing option for both residential living and investment opportunities, particularly given the ongoing demand for properties in this vibrant coastal city. The building features an older style architecture spread over four stories, including a basement. Currently configured as a three-bedroom maisonette with one bathroom, along with a separate lower ground floor flat that includes one bedroom and its own bathroom, the layout offers flexibility for potential buyers. While the property requires modernisation throughout, this presents an excellent opportunity for renovation enthusiasts or investors looking to increase value through updates. The ability to reconfigure or enhance the existing layout could further maximize rental income or create a desirable family home. Any prospective changes would be subject to obtaining the necessary consents, providing room for customization based on personal preferences or market trends. With its strategic location and potential for significant improvements, this property stands out as a canvas ready for transformation into a modern living space or lucrative rental investment.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -53.5% below area average per sq ft

-53.5%
Potential saving
This Property
£248/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£370
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£708,929
10% above area average per sq ft
Potential ROI
+86.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 5.8%
5 year growth: 17.2%
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.

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Location

Cross Street, Hove
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