Mishon Welton says ..

Property Oracle says ..

This three-bedroom apartment on Grand Avenue, Hove, presents a unique opportunity but requires careful consideration. Located in a prime area, known for its seafront views, and proximity to excellent schools such as St Andrew’s Cofe Primary and The Montessori Place. The property is well situated for access to transport links, with Hove railway station within a manageable distance. The apartment itself showcases classic period features, including high ceilings and large windows, particularly impressive in the bay window room, suggesting a property with character and history. However, the provided photographs reveal the apartment is in need of considerable renovation. The flooring, walls, and some fixtures appear worn or outdated, necessitating substantial investment to restore the property to a modern standard. The inclusion of a small garden offers extra value in this popular location. The property’s list price of £800,000 aligns relatively well with prices of comparable properties on Grand Avenue which are needing significant works, although the condition of the property must be fully investigated before a final offer is made. Potential buyers should factor in the renovation costs when evaluating the overall value proposition. Overall, it’s a property with substantial potential, but requires significant work. A full structural survey is essential before committing to a purchase, as unseen problems could add to the renovation costs.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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