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Hangleton Valley Drive, Hove BN3 - Image 1
Hangleton Valley Drive, Hove BN3 - Image 2
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Hangleton Valley Drive, Hove BN3

South East

£550,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1004 sqft

Description

This three-bedroom bungalow presents a compelling opportunity for renovation enthusiasts and investors looking to capitalize on its potential. Situated in a peaceful neighborhood, the property offers a tranquil retreat while remaining conveniently close to essential amenities, including local schools and bus stops. Additionally, easy access to the A27/A23 ensures that commuting and exploring the surrounding areas is hassle-free. The home features three generously sized double bedrooms, providing ample space for comfortable living. The west-facing garden is a standout feature, offering plenty of room for outdoor activities and perfect for enjoying the afternoon sun. The property also includes a private driveway and garage, adding to its practicality. With a spacious layout of approximately 1,004 square feet, this bungalow stands out as one of the larger options in the vicinity. While it boasts original character elements, there's significant scope for modernization and customization. This presents an excellent chance for buyers to enhance the property's value while creating a tailored living space that meets their needs. Importantly, this property is offered with no onward chain, facilitating a smoother purchase process. It represents not just a home but an investment opportunity in an area with promising growth potential. For those considering transforming this bungalow into their dream residence or as a rental investment, the possibilities are truly exciting.

Investment Analysis

(BN3 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£548/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£397
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£588,259
10% above area average per sq ft
Potential ROI
-14.4%
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

Hangleton Valley Drive, Hove BN3
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