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Tennis Road, Hove

South East

£650,000

Listed on 24/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1398 sqft

Description

This substantial mid-terrace property on Tennis Road in Hove presents a promising opportunity for renovation or investment. Currently configured as two self-contained flats, the layout includes a spacious one-bedroom flat on the ground floor with its own private garden and a well-sized two-bedroom flat on the first floor. The flexible design allows for easy conversion back to a single-family residence, subject to necessary planning permissions. The ground floor features an entrance lobby leading into an L-shaped hallway that opens to the living room boasting a bay window. The kitchen/breakfast area is equipped with ample storage and overlooks the rear garden. A generous double bedroom also faces the garden, while the bathroom includes essential fittings with some existing tiling. The first-floor flat has an inviting open-plan kitchen/living space with modern appliances and a bright living area due to its bay window. The two bedrooms offer good dimensions, providing comfortable accommodation, along with a functional bathroom. This property sits within close proximity to Hove Seafront, making it an attractive location for both residential use and rental potential. With careful renovation work, this could be transformed into a highly desirable family home or maintain its dual-let format for investment returns.

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Investment analysis

(BN3 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£465/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£814,034
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Tennis Road, Hove
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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
£2,456
Based on a loan of £487,500 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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