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Holland Road, Hove, East Sussex BN3

South East

£180,000
Listed on 12/08/2025

Property Details

Bedrooms
N/A
Type
Flat
Area
332 sqft

Description

This lower ground floor studio apartment, located within the distinguished Gwydyr Mansions, a charming mansion block from the 1890s, offers a unique blend of historical character and modern potential. With an expansive living area measuring approximately 18'1 x 12'9, enhanced by a large bay window that allows ample natural light to fill the space, this property is primed for transformation. While the studio currently requires updating, it presents an excellent opportunity for renovation that could significantly enhance its value. The high ceilings contribute to an airy atmosphere, making it a blank canvas for those looking to personalize their living space or make a sound investment in Hove's vibrant property market. Residents have access to well-kept west-facing communal gardens, providing a tranquil outdoor area just steps away from the bustling amenities of Hove. The neighborhood is rich in local culture, with an array of independent shops, popular cafés, and restaurants all within easy reach. Palmeira Square is conveniently located nearby, while the picturesque seafront and Hove Lawns are just a short walk away. For commuters and those needing access to larger transport networks, Hove Station is approximately 0.9 miles away, offering direct train services to London and other destinations. Additionally, the area is served by reputable schools such as Hove Juniors and Brunswick Primary, making it appealing for families as well as investors looking for long-term rental opportunities. Overall, this studio apartment presents a promising project for renovation within one of Hove’s most desirable locations.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£542/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£397
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
Target Value
£194,524
10% above area average per sq ft
Potential ROI
-13.5%
After renovation
Monthly Sales
47
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (BN3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 8.0%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on BN3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Holland Road, Hove, East Sussex BN3
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