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Charles Close, Hove

South East

£495,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1039 sqft

Description

This three-bedroom detached bungalow presents a significant opportunity for renovation and customization, located in the desirable Charles Close cul-de-sac in Hove. The property features a spacious hallway that leads to a large lounge, which overlooks the garden, providing ample natural light and a versatile area for both relaxation and gatherings. Adjacent to the lounge is a kitchen with plenty of potential for modernization, making it ideal for family living.<br><br>The generously-sized main bedroom at the front of the bungalow benefits from west-facing windows that brighten the space. Additionally, there are two more well-sized bedrooms, offering flexibility for family arrangements or work-from-home needs. The bathroom is large and suitable for transformation into a contemporary family facility.<br><br>The garden is well-sized and enjoys abundant sunlight, perfect for outdoor activities or leisure. Key amenities include off-street parking and an internal garage, along with the advantage of being chain-free. This property holds great promise for extensions or alterations (subject to planning permission) to suit personal styles.<br><br>Located in the family-friendly Goldstone Valley area, it offers access to quality schools, parks like Hove Park nearby with its recreational options, and convenient transport links to Brighton and London. It embodies a blend of tranquil living while being close to essential amenities.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£476/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
£603,794
10% above area average per sq ft
Potential ROI
+12.9%
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

Charles Close, 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
£1,813
Based on a loan of £371,250 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