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Grand Avenue, Hove.

South East

£400,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
936 sqft

Description

This purpose-built apartment in the esteemed Warnham Court development presents a compelling investment opportunity in the vibrant heart of Hove. Perfectly situated adjacent to the seafront, residents can enjoy easy access to a diverse range of local amenities, including boutique shops, cafés, and restaurants. The property is currently in need of modernisation, allowing prospective buyers to craft a personalised living space that reflects their individual taste. With approximately 87 square metres of well-proportioned accommodation, it features two spacious double bedrooms and two full bathrooms—a notable advantage over similar properties. The separate kitchen includes a window for natural light, while the dual-aspect lounge serves as the focal point of the home, offering stunning rooftop views down to the sea and access to a private balcony. This apartment is being offered chain-free, facilitating a quick acquisition process. The communal parking available on a first-come, first-served basis adds further convenience for residents.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£427/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
£543,938
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Grand Avenue, 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
£1,465
Based on a loan of £300,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE