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Medina Villas, Hove

South East

£270,000
Listed on 03/01/2026

Property Details

Bedrooms
1
Type
Flat
Area
723 sqft

Description

This one-bedroom lower ground floor flat is situated within a charming period building in the heart of Hove, just a short stroll from the seafront. It features its own independent street entrance and boasts a sizable west-facing garden, a coveted asset for any flat in this desirable location. The property includes a spacious lounge, kitchen, bathroom, and a well-sized double bedroom equipped with an east-facing bay window. While it requires refurbishment throughout, this presents an excellent opportunity to transform it into a stylish home that capitalizes on its prime location. Noteworthy is the generous garden space, which offers potential for outdoor enjoyment or gardening enthusiasts. Medina Villas is nestled in a respected residential area close to Church Road, providing easy access to various shops, cafés, and local amenities. With the seafront and lush lawns nearby and convenient transport links via regular bus services and Hove Station, this flat is positioned perfectly for both relaxation and connectivity. Please be aware that the property comes with a 50-year lease and is available for cash-only buyers.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£373/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£420,157
10% above area average per sq ft
Potential ROI
+42.4%
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

Medina Villas, 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
£989
Based on a loan of £202,500 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