Modena Road, Hove
RO

Modena Road, Hove

By Robert Luff & Co

£ 1,000,000

Reviews

2 out of 5 stars

Robert Luff & Co says ..

Robert Luff & Co are delighted to bring to the market this rarely available opportunity to transform this property back to one house STNP. Modena Road is positioned within the highly sought after residential area of New Church Road, it is close to numerous amenities on Church Road as well as Rich...

Property Oracle says ..

This five-bedroom, two-bathroom property located on Modena Road in Hove, Westbourne presents a mixed bag of opportunities and challenges for potential buyers. The property’s location is a strong positive, situated in a highly sought-after residential area with convenient access to shops, restaurants, and excellent schools like The Lioncare School and West Hove Infant School. The proximity to various train stations offers good connectivity within the city and to broader regions.

However, the property’s condition presents a significant drawback. The photographs reveal the interior needs complete refurbishment, from the outdated kitchen and bathrooms to the worn carpets and overall dated aesthetic. While the exterior presents well and scaffolding suggests possible renovation works, a comprehensive assessment is needed to evaluate the extent of the required works and associated costs.

The size of the plot is not provided in the available information. Based on the photographs the rear garden is relatively small and appears overgrown. Its actual size and utility are important factors influencing its overall value.

Regarding the price, the £1,000,000 asking price needs careful consideration. While neighbouring properties may have sold for similar amounts, lack of detailed information on plot sizes and conditions makes it difficult to establish if this represents good value. The substantial renovation requirements mean a significant budget is needed, potentially pushing the effective cost per square foot considerably higher than the apparent value. A thorough survey and cost estimate are highly recommended before committing to purchase. Prospective buyers should carefully weigh the advantages of location and potential future value against the significant investment needed to transform this property into a desirable home.

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
6
Condition
4
Location
7
Land
3
Bedrooms
5
Bathrooms
2
Sqft (est)
1,839.76

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
689,089.00 £
Decreased by 2.95 %
from 710,024.00 £
Est sale value
1,928,068.48 £
Increased by 51.23 %
from 1,274,953.68 £
Average area rental value
2,316.00 £/mo
Increased by 5.08 %
from 2,204.00 £/mo
Est letting value
5,519.28 £/mo
Increased by 50.00 %
from 3,679.52 £/mo
Est rental Yield
4.03 %
Increased by 8.33 %
from 3.72 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Robert Luff & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
St Christopher'S SchoolOther Independent School0.31 KM
The Lioncare SchoolOther Independent Special SchoolGood0.56 KM
Brighton And Hove Clinic SchoolOther Independent Special SchoolGood0.63 KM
West Hove Children'S CentreChildren's Centre Linked Site0.74 KM
Hove Junior SchoolCommunity SchoolGood0.76 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Titian Road £ 250,00000.00 KM
Molesworth Street £ 000.00 KM
Lion Mews £ 000.00 KM
St Josephs Close £ 725,00000.00 KM
Park Avenue £ 1,325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Aldrington5280AGT0.48 KM
Hove5273HOV1.62 KM
Portslade5276PLD2.28 KM
Preston Park5285PRP3.63 KM
Fishersgate5284FSG3.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Modena Road, Hove £ 1,000,000BUY5 / 100.00 KM
Modena Road, Hove £ 1,150,000BUY6 / 100.01 KM
Rutland Gardens, Hove, BN3 5PB £ 550,000BUY7 / 100.06 KM
Rutland Gardens, Hove £ 500,000BUY7 / 100.07 KM
Raphael Road, Hove £ 1,200,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
3 Modena Road £ 820,0000.01 KM
23 Modena Road £ 49,0000.01 KM
11 Modena Road £ 882,8220.01 KM
5 Modena Road £ 610,0000.03 KM
17 Modena Road £ 480,0000.03 KM