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South East
£270,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom flat in Hove presents a strong opportunity to acquire a property below local pricing, with an asking price of £270,000 translating to £472/sqf, which is notably 10.2% below the local average of £526/sqf. This affordability could attract buyers looking to invest in an area with solid potential for value growth.
While the interior shows signs of wear and requires full cosmetic updating—from the dated kitchen and bathroom to the overall decor—these aspects provide a blank canvas for renovation enthusiasts. The 1930s building offers character and charm, and the private balcony with views adds a unique touch. However, it's important to recognize that all-in costs, including the anticipated renovation budget, appear tight against local benchmarks, indicating a moderate risk in achieving a profitable return on investment. Nonetheless, for those willing to undertake the work, this flat could be transformed into a contemporary home that reflects personal style and tastes.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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