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The Drive, Hove, East Sussex, BN3 - Image 1
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The Drive, Hove, East Sussex, BN3

South East

£200,000
Listed on 20/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom lower ground floor apartment is a well-sized unit located in a well-maintained block in the attractive area of central Hove. It offers the benefits of a private parking space and presents an excellent opportunity for buyers who are looking to modernize and enhance the property, adding significant value. The living room boasts ample space that supports both seating and dining arrangements, making it suitable for comfortable daily use as well as entertaining guests. The kitchen, while functional, holds potential for redesign or updates to reflect contemporary preferences. The layout includes two bedrooms; the principal bedroom is spacious with built-in wardrobes, and the second room is versatile enough to serve as a guest bedroom, child’s room, or home office. Additionally, the presence of both a bathroom and a separate WC adds convenience to the overall design, offering further renovation opportunities. This property requires cosmetic upgrades which allow incoming residents to tailor the interior according to their taste while enhancing its presentation. Located on The Drive—one of Hove’s most desirable streets—the flat enjoys close proximity to Hove mainline station, the seafront, and an excellent selection of shops, cafés, bars, and restaurants along Church Road. This location not only ensures convenience but also represents a solid investment with good rental potential due to its desirable amenities nearby.

Investment Analysis

(BN3 area)
Area Average
£528/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

The Drive, Hove, East Sussex, 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
£721
Based on a loan of £150,000 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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