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Lloyd Road, Hove, BN3

South East

£1,250,000

Listed on 16/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2158 sqft

Description

Situated in the desirable Hove Park area, this well-loved 1930s mock Tudor residence has been home to the same family for over fifty years, making it a unique opportunity for buyers looking to invest. With its almost century-old charm, this property is primed for modernization and offers significant enhancement potential. The ground floor features a spacious kitchen diner, two reception areas, a conservatory, and a versatile study that can serve as an additional bedroom. A lean-to provides extra storage or workspace options. There are garages on both sides of the house which could be repurposed or extended upon to increase living space (subject to planning). The cheerful yellow kitchen comes with ample dining space and includes a practical larder store. The character-filled living room boasts wood panelling and opens directly into the south westerly garden, allowing seamless indoor-outdoor living. Upstairs comprises three bedrooms along with a family bathroom and separate WC, both showcasing charming vintage fittings. There is potential to extend into the loft area or even add an additional storey above the kitchen and living room (pending necessary consents). From here, enjoy expansive views towards the coast. The outdoor space is particularly noteworthy; the well-maintained south westerly garden features mature planting and established borders that offer privacy year-round. A generous patio adjacent to the living areas serves as an excellent setting for entertaining or relaxation. Two driveways lead up to individual garages, presenting additional storage solutions or possibilities for adaptation. This location benefits from proximity to Hove Park’s extensive outdoor facilities including tennis courts and playgrounds, alongside local amenities like Waitrose and Tesco Metro within walking distance. The charming shops of Seven Dials and Goldstone Villas enhance convenience further. For commuters, Preston Park and Hove Station provide swift access to mainline services while respected local schools complement the appeal of this family-friendly area.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +9.9% above area average per sq ft

+9.9%
This Property
£579/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£354
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,251,349
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
87
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +4.6%
5 year growth: +15.0%
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

Lloyd Road, Hove, BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,460
Based on a loan of £937,500 over 30 years at 3.97% 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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