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St. Leonards Avenue, Hove

South East

£190,000
Listed on 28/01/2026

Property Details

Bedrooms
1
Type
Flat
Area
538 sqft

Description

This ground-floor apartment presents a unique opportunity for transformation and investment, especially with the possibility of creating a rear garden by removing the existing office/annexe. Located on the desirable St Leonards Avenue in Hove, this space is ripe for modernization to reflect personal style and contemporary living needs. Upon entering, you are greeted by a central hallway leading to a spacious living room that boasts two large windows, allowing natural light to cascade in, complemented by an inviting fireplace that could become a stunning feature with some refurbishment. The apartment includes a well-sized double bedroom that overlooks the garden and comes equipped with fitted wardrobes for added convenience. A practical storage area can be found beneath the stairs, contributing to efficient use of space. The generously proportioned kitchen at the rear offers significant storage and countertop space, perfect for cooking and entertaining, alongside enough room for a dining table. Adjacent to the kitchen is a lean-to that provides additional storage as well as direct access to the outdoor area. Furthermore, an extra office or study adds versatility for those needing workspace or hobby areas. Overall, this property is well-structured yet requires updating to maximize its potential as an appealing home in a vibrant location with easy access to local amenities and transport links.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£353/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£312,530
10% above area average per sq ft
Potential ROI
+45.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

St. Leonards Avenue, Hove
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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
£685
Based on a loan of £142,500 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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