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Cromwell Road, Hove

South East

£90,000
Listed on 07/04/2026

Property Details

Bedrooms
N/A
Type
Flat
Area
304 sqft

Description

This upper-floor studio flat offers captivating views of the Sussex County Cricket Ground and the coast, making it an appealing prospect for renovation. Located just a short distance from Hove's bustling town centre and its vibrant amenities, this property enjoys excellent transport links and a prime seaside position. While the flat requires a comprehensive renovation, it holds significant potential to be reimagined into a stylish retreat or a lucrative rental investment. The current layout features a separate kitchen, bathroom, and a spacious living area that is bathed in natural light. This is an exceptional opportunity to acquire a property in one of Sussex's most sought-after areas, perfect for those looking to add value through refurbishment.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£296/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£348
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£176,296
10% above area average per sq ft
Potential ROI
+35.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
84
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +7.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +15.9%
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

Cromwell Road, Hove
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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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