4 bedroom terraced house for sale For Sale

£425,000

   

ROI = 9% BMV = 41.39%
Description

We are delighted to present this well-maintained 4-bedroom terrace house located on St. Paul's Street, Brighton. This property is a licensed House of Multiple Occupation (HMO), making it an excellent investment opportunity for landlords or investors looking for a property that is already generating a solid rental income. Situated in a prime location, this property benefits from its proximity to Brighton's major universities, making it highly appealing to student tenants. With excellent transport links and local amenities nearby, it offers convenience and accessibility for its occupants. Currently, the property generates a rental income of £32,300 per annum, providing a strong and immediate return on investment. The property is being offered with no onward chain, ensuring a smooth and straightforward purchase process for the buyer. This terrace house presents a brilliant investment in a sought-after area of Brighton, offering an established income stream without the need for further development or upgrades. It is ideal for those looking to invest in a hassle-free property with consistent rental demand.  GROUND FLOOR   ENTRANCE HALL   BEDROOM 10' 10" x 10' 1" (3.3m x 3.07m)   BEDROOM 11' 3" x 9' 0" (3.43m x 2.74m)   FIRST FLOOR   BEDROOM 14' 2" x 9' 11" (4.32m x 3.02m)   BEDROOM 10' 11" x 8' 10" (3.33m x 2.69m)   LOWER GROUND FLOOR   SITTING ROOM 13' 10" x 10' 10" (4.22m x 3.3m)   KITCHEN 9' 3" x 7' 10" (2.82m x 2.39m)   FAMILY BATHROOM   OUTSIDE   PRIVATE REAR PATIO GARDEN  

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Property Details
  • Property ID: 152641946
  • Added On: 2024-09-19
  • Deal Type: For Sale
  • Property Price: £425,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • A four bedroom terraced freehold property
  • Arranged as an HMO
  • Popular location close to universities
  • Current rent is £32,300 per annum
  • No onward chain
  • ***Guide Price £425,000 - £450,000***