Derek Avenue, Hove
WH

Derek Avenue, Hove

By Whitlock and Heaps

£ 650,000

Reviews

2 out of 5 stars

Whitlock and Heaps says ..

Whitlock and Heaps are pleased to bring to market this three bedroom semi detached property that is in need of complete modernisation but offers prospective buyers tremendous potential to extend and develop (stnc). Situated just offer New Church Road within a few minutes walk of Hove Lagoon and s...

Property Oracle says ..

This three-bedroom semi-detached house located on Derek Avenue in Hove, Brighton and Hove is presented to the market as a property requiring complete modernisation. The property features three bedrooms and one bathroom. Images reveal outdated interiors throughout; walls show signs of damage and are in need of redecoration. The kitchen and bathroom are notably dated. The flooring and carpets throughout require updating. The property does however appear structurally sound, offering a foundation for renovation. The property has an overgrown garden, which while present, requires substantial landscaping. Its location in Hove is advantageous, offering proximity to local amenities, including shops, restaurants, and transportation. The relatively close proximity to Portslade station provides convenient rail access. Nearby schools include Deepdene School and West Hove Infant School, although the condition of the property significantly impacts its suitability for families. The asking price of £650,000 sits within a range of prices seen on Derek Avenue, but given the state of the property and the need for substantial renovation, it represents a risk-reward scenario for prospective buyers. Those with a budget, time and desire for a project will find the price attractive, while those seeking a move-in-ready home may find the cost in renovation prohibitive.

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
7
Condition
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,236.00

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
750,000.00 £
Increased by 26.84 %
from 591,279.00 £
Est sale value
939,360.00 £
Increased by 33.57 %
from 703,284.00 £
Average area rental value
1,638.00 £/mo
Decreased by 17.15 %
from 1,977.00 £/mo
Est letting value
1,236.00 £/mo
Unchanged by 0.00 %
from 1,236.00 £/mo
Est rental Yield
2.62 %
Decreased by 34.66 %
from 4.01 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Whitlock and Heaps marked this listing as sold.

  • Whitlock and Heaps created the listing.

Nearby Schools

NameTypeOfstedDistance
Deepdene SchoolOther Independent School0.33 KM
West Hove Infant SchoolCommunity SchoolOutstanding1.17 KM
Hove Junior SchoolCommunity SchoolGood1.17 KM
West Hove Children'S CentreChildren's Centre Linked Site1.19 KM
Benfield Primary SchoolCommunity SchoolGood1.23 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Boundary Road £ 000.00 KM
Carlton Terrace £ 270,00000.00 KM
Gordon Close £ 000.00 KM
Aldrington Place £ 000.00 KM
Park Avenue £ 1,325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Portslade5276PLD0.75 KM
Aldrington5280AGT2.05 KM
Fishersgate5284FSG2.05 KM
Hove5273HOV3.43 KM
Southwick5286SWK3.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derek Avenue, Hove £ 650,000BUY5 / 100.00 KM
Derek Avenue, Hove, East Sussex, BN3 £ 925,000BUY7 / 100.01 KM
Derek Avenue, Hove £ 1,150,000BUY7 / 100.02 KM
Brittany Road, Hove £ 875,000BUY7 / 100.12 KM
Brittany Road, Hove, BN3 £ 1,250,000BUY8 / 100.13 KM

Nearby Properties

AddressPriceDistance
11 Derek Avenue £ 329,0000.00 KM
25 Derek Avenue £ 488,0000.00 KM
51 Derek Avenue £ 482,0000.00 KM
15 Derek Avenue £ 990,0000.00 KM
17 Derek Avenue £ 650,0000.00 KM