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Lorna Road, Hove BN3

South East

£500,000

Listed on 06/06/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
957 sqft

Description

Located in the heart of central Hove, this spacious two-bedroom end-of-terrace house presents a valuable opportunity for those looking to invest in a renovation project. Close to both Hove train station and Seven Dials, the property boasts a traditional layout with good proportions throughout. The living area features dual aspect large bay windows, enhancing natural light, while the separate open-plan kitchen and dining space offers a versatile area ideal for entertaining and family gatherings. A convenient W/C completes the ground floor. Upstairs, you'll find two generously sized double bedrooms along with a bathroom that is ripe for modernisation. The property currently requires refurbishment throughout, making it an enticing prospect for buyers looking to add their personal touch and increase value. Externally, there are opportunities to enhance the front and side garden areas into a more private outdoor space suitable for everyday use. Additionally, there's rear access to a garage belonging to the neighbouring property, adding further utility. Positioned on Lorna Road amidst an eclectic range of Edwardian and interwar homes, this location combines historical charm with modern conveniences such as shops, cafés, and Hove’s picturesque seafront just moments away. This residence not only offers potential for improvement but is also set in an area rich in green spaces like St. Ann's Well Gardens and Hove Park, perfect for recreational activities. With no onward chain and great access to transport links including nearby bus services and Hove Station providing quick connections to London, this property represents a unique chance to create your ideal home in one of Hove's favored locations.

Investment Analysis

(BN3 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£522/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£557,247
10% above area average per sq ft
Potential ROI
+2.2%
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

Lorna 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
£1,889
Based on a loan of £375,000 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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