ROI = 10% BMV = 20.48%
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Description
**ATTENTION INVESTORS** A good standard five-bedroom licensed HMO property, currently let till 21/8/25 at £3,033 pcm or £36,396 per annum providing a gross rental yield of 8.5%. Attracting investors, now is the time to buy this bright and inviting terraced house with ample space and south facing garden in a prime position just off Lewes Road, with easy access to both universities and Brighton city centre. Accommodation consists of five double bedrooms (or four with a communal living area), kitchen leading out to south facing courtyard, and bathroom. Facing south, the garden gets the sun most of the day and is perfectly low-maintenance. To be sold as a fantastic opportunity at an ongoing investment. Perfectly positioned within close walking distance of Brighton University and with excellent transport links nearby to Sussex University, this four-bedroom house makes the perfect investment with potential tenants already in place until August 2023. There is a relaxed community atmosphere with local shops, cafes, pubs and transport links within a stroll and the lively shopping district of Lewes Road is at the bottom of the hill. The whole of Brighton & Hove are all easy reach on foot or by bus or car. For those needing to reach further afield, Brighton Station serving Gatwick and London is a 10 minute drive and near the A270, you are quickly out of the city.
Find out MoreProperty Details
- Property ID: 150187652
- Added On: 2024-10-17
- Deal Type: For Sale
- Property Price: £390,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- Licensed HMO
- Five Double Bedrooms
- Let Until 21/8/25 at £3,033 per calendar month including bills
- Good Transport Links
- Prime Student Location
- Close to Lewes Road
- Tenure: Freehold
