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Cromwell Road, Hove, BN3

South East

£170,000

Listed on 15/07/2026

Property details

Bedrooms
1
Type
Not Specified
Area
409 sqft

Description

This south-facing studio apartment, exclusive to Mansell McTaggart, presents a compelling opportunity for first-time buyers and investors in a sought-after central location. The apartment boasts a well-designed living and sleeping area, alongside a separate kitchen that offers generous space for culinary activities. Ample built-in storage enhances the practicality of this residence, while a passenger lift serves the building for convenience. An allocated parking space further adds to its appeal. Offered with a long lease and no onward chain, this property facilitates an easy purchase process. Though some updating is required, this apartment is a blank canvas waiting for your personal touch, making it perfect for creating a tailored living space. Located within walking distance of the seafront and close to both Brighton and Hove train stations, along with the vibrant amenities on Church Road, this property combines potential investment value with attractive city living. Early viewing is encouraged to fully appreciate the renovation possibilities available in this unique offering.

Investment analysis

(BN3 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£416/sq ft
Area Average
£526/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£236,445
10% above area average per sq ft
Potential ROI
+21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
77
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +10.3%
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, 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
£642
Based on a loan of £127,500 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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