Mishon Welton says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in Central Hove, East Sussex, with a list price of £400,000. The apartment boasts stunning sea views, a key advantage in a desirable coastal location. Central Hove offers proximity to amenities and transport links, enhancing its appeal.

Considering the images provided, the property appears to be in need of some modernisation. The kitchen and bathroom, in particular, show signs of wear and tear, suggesting potential renovation costs for a buyer. The flooring and wall coverings also appear dated. While the property’s structure seems sound, the overall condition suggests it may not be in excellent condition.

The plot size is relatively small at 79.50 sqft, which is typical for an apartment in this area. There is no garden.

The average price for properties in the area is £477,292, with an average price per sqft of £601. Given that the sqft for this property is not provided and the property needs modernisation, the asking price of £400,000 could be considered reasonable, especially considering the prime location and sea views. However, potential buyers should factor in the cost of renovations to accurately assess the overall value. The lack of sqft information makes a precise price-per-sqft comparison impossible. Further, nearby comparable properties are also lacking sqft data making a definitive conclusion on price challenging.

The location score is high due to the proximity to amenities, transport links (Hove train station is within reasonable distance), and the highly desirable seafront location. The condition score is moderate due to the need for modernisation. The land score is low due to the small plot size and lack of a garden. The price score is moderate considering the need for renovations and the lack of sqft data, but the attractive location and sea views somewhat offset this.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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