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Shirley Drive, Hove, East Sussex, BN3

South East

£1,200,000

Listed on 05/06/2026

Property Details

Bedrooms
4
Type
House
Area
1399 sqft

Description

This substantial five-bedroom detached home presents an exceptional investment opportunity in the desirable Hove Park area on Shirley Drive. The property is currently chain-free and features a layout with generous space that invites further development and modernization. With attractive sea views from the upper levels, this residence boasts a versatile arrangement ideal for family living or a renovation project. On the ground level, two expansive reception rooms await, offering ample options for entertaining or reconfiguration into a more contemporary living space. A separate kitchen and bright conservatory overlook the sizeable rear garden, which provides significant outdoor potential for landscaping or recreational use. Additionally, a downstairs W/C enhances convenience. Upstairs, five well-sized bedrooms include two with stunning sea vistas, ideal for creating peaceful retreats. The family bathroom has both a bath and wash basin, alongside an adjoining W/C that adds practicality to daily routines. Externally, the large rear garden accessed from the conservatory allows for family activities and gatherings or could be transformed into an exquisite outdoor area. There are also two annexes; one at the front and another at the back of the property that could serve as additional living spaces or work areas. Notably, planning permission has been granted (reference BH2023/01256) for demolishing the current dwelling to construct a new contemporary residence of approximately 5,800 sq ft, making this an outstanding project for developers looking to maximize their investment in one of Hove's most covetable locations. The area benefits from excellent schools, easy access to major transport links (A27 and A23), and proximity to Hove Park's extensive amenities.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +62.0% above area average per sq ft

+62.0%
This Property
£858/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Target Value
£814,617
10% above area average per sq ft
Potential ROI
-41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +1.6%
5 year growth: +12.0%
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

Shirley Drive, Hove, East Sussex, BN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,533
Based on a loan of £900,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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