Summary - Lorna Road BN3 3EL
1 bed 1 bath Apartment
**Standout Features:**
- **Auction Sale Price:** Guide price of £100,000.
- **Leasehold:** 54 years remaining on the lease, which may limit mortgage options.
- **Size:** Compact 1-bedroom flat measuring 611 sq ft (56.75 sq.m).
- **Location:** Centrally located in Hove, just under half a mile from the seafront and Hove railway station.
- **Outdoor Space:** Includes half of a private garden.
- **Condition:** Requires modernization and has potential damp and mold issues.
- **Council Tax:** Low Band A, making it affordable for first-time buyers or investors.
This inviting lower ground floor flat presents a unique opportunity for buyers looking to invest in a central Hove property. With its charming Victorian architecture, high ceilings, and double-glazed windows, this one-bedroom apartment is bursting with potential for renovation. It features a cozy living area, kitchen, bathroom, and access to a private garden that offers a tranquil escape in the heart of the city.
While the flat does require considerable work, including addressing damp and mold repair, it is priced to reflect the potential investment required. The leasehold comes with approximately 54 years remaining, which may pose challenges for financing. However, its prime location near Hove's amenities—cafes, shops, and schools—coupled with fast broadband and excellent mobile service makes it a desirable find for first-time buyers or those seeking a fixer-upper with future rental potential.
Don't miss this chance! Properties at this price point in such a desirable area are rare—imagine the possibilities this space could unfold with your personal touch.
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