Lextons Auctions says ..
FOR SALE BY AUCTION on 27th November 2024 An exceptional and very rare investment opportunity in a highly sought-after location in prime residential Hove. This unique development offers huge potential, presenting the chance to acquire two apartments within the building, along with full f...
Property Oracle says ..
This property, located on Wolstonbury Road in Hove, presents a mixed bag of features. Its position in a highly sought-after residential area close to amenities and transport links is appealing. Schools are in the vicinity, and Brighton’s city centre and the seafront are within easy reach. The property itself is a two-bedroom, two-bathroom house. The current condition, however, is a substantial factor. The photographs clearly illustrate that the property is in need of significant renovation and updating. The interior features dated fixtures, fittings, and requires redecoration throughout. One bathroom, in particular, shows signs of disrepair. The size of the property is not specified (SQFT), and while a small garden/yard is apparent, the exact plot size is also not provided. Considering that the property is being sold at auction, there may be a degree of uncertainty surrounding the final sale price. A prospective buyer must account for extensive refurbishment costs before determining the overall value. For a buyer with the skills and resources to renovate, the property could hold considerable potential, but it is not currently in a move-in condition. Given the unknown square footage and plot size, and the requirement for major renovations, a careful assessment is required before committing to purchase. Buyers should conduct thorough due diligence and factor in substantial refurbishment costs to the budget.
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
- 2
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 684,528.00 £Increased by 37.85 %
- Average area rental value
- 1,631.00 £/moDecreased by 11.84 %
- Est rental Yield
- 2.86 %Decreased by 36.02 %
- Crime Rate
- 0.00 %
Agent Activity
Lextons Auctions marked this listing as sold.
Lextons Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brighton Hove And Sussex Sixth Form College | Further Education | Outstanding | 0.07 KM |
| Windlesham School | Other Independent School | 0.34 KM | |
| Stanford Infant School | Community School | Outstanding | 0.48 KM |
| Stanford Junior School | Community School | Good | 0.51 KM |
| Brighton Girls Gdst | Other Independent School | 0.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dyke Road | £ 900,000 | 0 | 0.00 KM |
| Belmont | £ 220,000 | 0 | 0.00 KM |
| Windlesham Avenue | £ 0 | 0 | 0.00 KM |
| Front Road | £ 0 | 0 | 0.00 KM |
| Norfolk Terrace | £ 263,750 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Brighton | 5268 | BTN | 1.27 KM |
| Preston Park | 5285 | PRP | 1.41 KM |
| London Road (Brighton) | 5281 | LRB | 1.72 KM |
| Hove | 5273 | HOV | 2.10 KM |
| Aldrington | 5280 | AGT | 3.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wolstonbury Road, Hove | £ 270,000 | BUY | Unknown | 0.00 KM |
| Wolstonbury Road, Hove, East Sussex, BN3 | £ 750,000 | BUY | 5 / 10 | 0.02 KM |
| Wolstonbury Road, Hove | £ 1,100,000 | BUY | 7 / 10 | 0.07 KM |
| Dyke Road, Brighton | £ 250,000 | BUY | 8 / 10 | 0.11 KM |
| Dyke Road, Brighton | £ 250,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Wolstonbury Road | £ 438,000 | 0.05 KM |
| 6 Wolstonbury Road | £ 475,000 | 0.05 KM |
| 23 Wolstonbury Road | £ 207,000 | 0.05 KM |
| 26 Wolstonbury Road | £ 545,000 | 0.05 KM |
| 15 Wolstonbury Road | £ 475,000 | 0.05 KM |