£425,000

   

ROI = 11% BMV = 20.47%
Description

*** GUIDE PRICE £425,000-£450,000 *** INVESTMENT OPPORTUNITY - A five bedroom semi-detached house which is currently used as a HMO with tenants in situ until 20/08/25, producing £3,141.66 pcm or £37,700 per annum. Great location for students, set back from Lewes Road and situated directly opposite Brighton University, with frequent buses passing by into the city centre and also to Sussex University at Falmer. Generously sized accommodation which consists of five bedrooms, open-plan kitchen/dining/living space, shower room and separate WC. Well-maintained rear garden with off-road parking at the front. No onward chain. Approach - Hardstand with off-road parking, paved front garden with raised flower border and walled boundary. Entrance Hall - Tiled floor, understairs storage cupboard. Open-Plan Kitchen/Lounge: - 5.04m x 3.65m (16'6" x 11'11") - Double aspect with windows to front and rear. Lounge Area - Wood laminate flooring, window to front. Kitchen Area - Window to rear, tiled floor, range of units at eye and base level, worktops with tiled splashback, and breakfast bar with seating for four stools. Built-in oven, gas hob with extractor hood over, stainless steel sink with mixer tap and drainer, spaces for appliances including dishwasher, and cupboard housing 'Worcester' combi boiler. Rear Porch - Quarry tiled floor, spaces for washing machine and tumble dryer, door to rear garden. Bedroom - 3.35m x 2.43m (10'11" x 7'11") - Window to front. Bedroom - 3.34m x 2.56m (10'11" x 8'4") - Window to rear, built-in cupboard. Landing - Circular window to front, built-in cupboard over stairs, entrance to loft. Bedroom - 5.01m x 3.43m (16'5" x 11'3") - Double aspect with windows to front and rear, built-in recessed cupboard. Bedroom - 3.41m x 2.70m (11'2" x 8'10") - Window to front, built-in wardrobe. Bedroom - 3.56m x 2.12m (11'8" x 6'11") - Window to rear. Shower Room - Shower enclosure with sliding door, hand-held shower attachment on riser, tiled walls, wash hand basin with mixer tap. Separate Wc - Low-level WC, wash hand basin, tiled floor. Garden - Generously sized garden with paved patio areas on two levels, further lawned area on two tiers, shed, walled and fenced boundaries, and gated side access.

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Property Details
  • Property ID: 151708229
  • Added On: 2024-10-03
  • Deal Type: For Sale
  • Property Price: £425,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • Great Investment Opportunity
  • Sold with Tenants in Situ
  • Let Until 20/08/25
  • Producing £3,141.66 pcm or £37,700 Per Annum
  • Five Double Bedrooms
  • Off-Road Parking
  • Sought-After Location for Students
  • Directly Opposite Brighton University
  • Frequent Buses to City Centre & Sussex Uni at Falmer
  • NO ONWARD CHAIN