Property Details

5 bedroom maisonette for sale For Sale

Egremont Place, Queen's Park, Brighton, Brighton and Hove, England, BN2 0GA, United Kingdom

£500,000

ROI = 9% BMV = 18.66%

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Description

This split-level five-bedroom HMO (House in Multiple Occupation) is situated in the highly sought-after Kemptown area. The property features a community sitting room, providing a space for the tenants to socialize and relax. This communal area offers a comfortable and inviting environment for the residents to interact and build connections with each other. Additionally, the HMO boasts a separate kitchen, allowing tenants to have their own designated space for cooking and preparing meals. This ensures convenience and privacy for each tenant, making it easier for them to manage their own food and storage. In terms of bathroom facilities, the property includes a separate shower room and WC. From an investment perspective, this property proves to be highly lucrative, generating an annual income of £36,492 per year. This substantial return on investment makes it an attractive opportunity for investors looking to capitalize on the growing demand for student accommodation. As Kemptown is a desirable area, the property's location further enhances its marketability and potential for consistent rental income. GROUND FLOOR (stairs to living accommodation) FIRST FLOOR KITCHEN 10' 7" x 10' 5" (3.23m x 3.18m) BEDROOM FIVE 13' 1" x 10' 2" (3.99m x 3.1m) SITTING ROOM 14' 4" x 10' 10" (4.37m x 3.3m) SHOWER ROOM WC SECOND FLOOR BEDROOM FOUR 10' 11" x 10' (3.33m x 3.05m) BEDROOM THREE 12' 1" x 9' 9" (3.68m x 2.97m) BEDROOM TWO 14' x 8' 7" (4.27m x 2.62m) BEDROOM ONE 14' 5" x 10' 2" (4.39m x 3.1m)

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