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Selborne Road, Hove.

South East

£100,000
Listed on 28/03/2026

Property Details

Bedrooms
1
Type
Apartment
Area
360 sqft

Description

Located on the lower ground floor at the back of a central Hove building, this one-bedroom flat shares its level with just one other unit, providing a more private living experience. Positioned close to the Sussex County Cricket Ground and right next to Church Road, residents will enjoy convenient access to a variety of local amenities. Spanning approximately 33.5 square metres (around 360 sq ft), this property is in need of complete renovation, representing a substantial opportunity for those looking to invest or create a buy-to-let asset. The recent lease extension to 999 years enhances its attractiveness further, allowing for innovative redesigns that could significantly boost its market value.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -47.3% below area average per sq ft

-47.3%
Potential saving
This Property
£278/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£208,751
10% above area average per sq ft
Potential ROI
+49.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
82
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +3.9%
5 year growth: +16.6%
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

Selborne Road, 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
£361
Based on a loan of £75,000 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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