ROI = 9% BMV = 20.36%
Gallery
Description
Overlooking Lewes Road, this wonderful 4 bedroom property has long operated as a secure and lucrative investment property, specifically tailored to the student rental market. Located within walking distance to both Brighton and Sussex Universities the property has long been a top performer in the rental market. This allows for operation as a stress free investment with assured returns, and on-going growth year on year. The property is presently tenanted with a fixed term AST until September 2025, returning a gross rental of £2,322 pcm / £27,864 pa. This equates to a minimum of a 7% yield in the first year. The house is forecast for rental growth between 5-10% pa. For investors looking to maximise cash flow, the property holds opportunities to improve specification to further increase yield.
Find out MoreProperty Details
- Property ID: 152606204
- Added On: 2024-09-18
- Deal Type: For Sale
- Property Price: £400,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- Investment Opportunity
- Freehold
- 4 Bedroom HMO
- Tenanted until Sept 2025
- £27,864 PA gross rental
- 7% gross yield in first year
- 5-10% pa rental growth froecast
- EPC: C
- Council Tax Band: C
- OITRO: £400,000
