Hamlyn Smith says ..

Property Oracle says ..

This one-bedroom apartment on Wilbury Avenue, Hove, presents a compelling opportunity for a buyer seeking a renovation project. The property’s location in a desirable residential area with good transport links and nearby schools offers long-term potential for value appreciation. However, the apartment is currently in significant need of modernisation. The dated kitchen and bathroom fixtures along with the overall state of the interior require extensive refurbishment, which will add considerably to the overall cost of ownership. While the initial purchase price is somewhat below the average for the area, the absence of a garden or significant outdoor space, along with the complete renovation costs, necessitates a cautious appraisal of the value proposition. The property would attract someone with DIY/renovation experience or those willing to absorb the costs of hiring contractors to bring it to a modern standard. Potential buyers should conduct a full survey and factor in comprehensive refurbishment expenses when assessing the final cost. Overall, the property shows promise in terms of location and future potential but demands significant investment before reaching a desirable standard.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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