Keller Williams says ..
Freehold investment in BN3 with 1-bed flat, 3 studios & 4 rooms with kitchenettes. Strong yield potential in a high-demand location near the seafront and town centre. A rare opportunity for serious investors looking for ready-made income
Property Oracle says ..
This property is a block of apartments located in Hove, East Sussex. The location is excellent, being close to several good schools (Brunswick Primary School, St Mary Magdalen Catholic Primary School, and Brighton Hove And Sussex Sixth Form College are all within a kilometer), and transport links (Brighton railway station is approximately 1.58 km away). The property itself is in need of significant renovation, as evidenced by the numerous photos showing various states of disrepair and ongoing work. The property is listed at £900,000, which is significantly higher than the average price for the area (£520,139). However, considering the size (2,251.30 sqft) and the number of units (8 bedrooms, 6 bathrooms), the price per sqft is comparable to the average in the area. The price could be considered reasonable if the renovations are completed to a high standard, given the high demand for rental properties in this location. There is no information about land size.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 3
- Location
- 9
- Land
- 0
- Bedrooms
- 8
- Bathrooms
- 6
- Sqft (est)
- 2,251.30
- Lot (est)
- 2,373.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 454,808.00 £Decreased by 9.50 %
- Est sale value
- 1,425,072.90 £Increased by 10.47 %
- Average area rental value
- 1,996.00 £/moIncreased by 22.91 %
- Est letting value
- 4,502.60 £/moIncreased by 100.00 %
- Est rental Yield
- 5.27 %Increased by 35.82 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Keller Williams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brighton Girls Gdst | Other Independent School | 0.35 KM | |
| Brunswick Primary School | Community School | Good | 0.55 KM |
| St Mary Magdalen Catholic Primary School | Voluntary Aided School | Good | 0.68 KM |
| Brighton Hove And Sussex Sixth Form College | Further Education | Outstanding | 0.99 KM |
| The Montessori Place | Other Independent School | Outstanding | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cambridge Road | £ 481,238 | 0 | 0.00 KM |
| Norfolk Terrace | £ 263,750 | 0 | 0.00 KM |
| Kerrison Mews | £ 0 | 0 | 0.00 KM |
| Western Street | £ 0 | 0 | 0.00 KM |
| Windlesham Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Brighton | 5268 | BTN | 1.58 KM |
| Hove | 5273 | HOV | 1.99 KM |
| Preston Park | 5285 | PRP | 2.21 KM |
| London Road (Brighton) | 5281 | LRB | 2.39 KM |
| Aldrington | 5280 | AGT | 3.36 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| York Road, Hove, BN3 | £ 900,000 | BUY | 5 / 10 | 0.00 KM |
| York Road, Hove | £ 300,000 | BUY | 6 / 10 | 0.01 KM |
| First, 11 York Road, Hove, East Sussex, BN3 1DJ | £ 180,000 | BUY | 5 / 10 | 0.02 KM |
| York Road, Hove, East Sussex, BN3 | £ 275,000 | BUY | 5 / 10 | 0.02 KM |
| Second, 51 York Road, Hove, East Sussex, BN3 1DJ | £ 175,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12a York Road | £ 290,000 | 0.01 KM |
| 60 York Road | £ 28,000 | 0.01 KM |
| 50a York Road | £ 117,950 | 0.01 KM |
| 24c York Road | £ 261,000 | 0.01 KM |
| 38a York Road | £ 83,500 | 0.01 KM |