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Bear Road, BN2

South East

£330,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
883 sqft

Description

Situated on a well-regarded residential street in the vibrant Elm Grove and Hanover area, this mid-terrace house presents a promising opportunity for renovation. The property is set among traditional red-brick homes, fostering a strong community atmosphere ideal for families, professionals, and students alike. Local amenities abound along Elm Grove and Lewes Road, with various shops, cafés, and access to reputable schools just a short distance away. Residents can enjoy nearby green spaces such as Queen's Park and The Level, while the South Downs offer beautiful countryside walks. With efficient bus services connecting to Brighton's city centre, seafront, mainline station, and universities, this location ensures convenience for potential buyers or tenants. Internally, the house offers a spacious layout beginning with an entrance hall that leads into a through lounge/dining area—perfect for versatile living and entertaining. A rear kitchen and an 'L' shaped shower room/WC are also found on the ground floor. The first floor contains two additional bedrooms alongside one on the half-landing. Importantly, there is loft space available that could be developed further to add value, enhancing this property's investment potential significantly.

Investment Analysis

(BN2 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£374/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£553
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£463,699
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
83
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (BN2)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -1.9%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on BN2 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

Bear Road, BN2
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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
£1,190
Based on a loan of £247,500 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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