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Glebe Villas, Hove, BN3

South East

£850,000
Listed on 16/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1647 sqft

Description

This five-bedroom detached family home offers a rare opportunity for renovation and expansion, situated in the heart of Hove. The property features valuable off-street parking and is conveniently located near mainline transport links and the tranquil seafront. While the residence is currently in good condition with tasteful character features interspersed with contemporary upgrades, there is significant scope to enhance its value further. <br><br> A standout feature of this property is its expansive garden, measuring nearly 100 feet, which presents an ideal setting for outdoor living and potential landscaping projects. With a spacious layout that includes three well-appointed bathrooms and a combination of reception areas designed for social gatherings, the space is already functional but could be improved upon. <br><br> Importantly, structural engineering drawings for a rear extension have been prepared, indicating clear possibilities for enlarging the living area. Previously granted planning permission has lapsed, yet this groundwork provides future owners with a beneficial starting point to adapt or revive those plans to suit their needs. This property stands as an excellent investment for buyers looking to create a tailored home while capitalizing on its existing charm and strategic location.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£516/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£956,759
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.6%
5 year growth: +16.7%
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

Glebe Villas, Hove, BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,066
Based on a loan of £637,500 over 30 years at 4.06% 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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