ROI = 8% BMV = 19.11%
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Description
IDEAL INVESTMENT OPPORTUNITY - A licenced six bedroom HMO currently rented until 01/09/25 at £3,770pcm or £45,240 per annum. Potential to increase income further by utilising the seventh bedroom which we understand would be subject to further planning consent (Sui Generis). Attractive terraced house offering substantially sized and well-presented accommodation over three floors and benefits from a modern fitted kitchen which is open-plan to the living area. Popular residential area with easy access to Brighton and Sussex University and also the city centre. Entrance Hall - Open-Plan Kitchen/Living Room - 3.40m x 3.64m (11'1" x 11'11") - Separate Wc - Bedroom - 3.58m x 4.48m (11'8" x 14'8") - First Floor: - Bedroom - 3.59m x 3.67m (11'9" x 12'0") - Bedroom - 2.26m x 3.64m (7'4" x 11'11") - Bedroom - 2.43m x 2.45m (7'11" x 8'0") - Bathroom - Second Floor: - Bedroom - 5.43m x 2.92m (17'9" x 9'6") - Bedroom - 2.66m x 2.75m (8'8" x 9'0") - Bedroom - 2.61m x 2.45m (8'6" x 8'0") - Shower Room - Rear Patio & Garden -
Find out MoreProperty Details
- Property ID: 152785367
- Added On: 2024-09-23
- Deal Type: For Sale
- Property Price: £625,000
- Bedrooms: 6
- Bathrooms: 1.00
Amenities
- IDEAL INVESTMENT OPPORTUNITY
- Licenced Six-Bed HMO Property
- Scope for Seventh Bed (Subject to Further Consent)
- Let Until 01/09/25 at £3,770pcm / £45,240 Per Annum
- Substantial Terraced House
- Good Standard Student Accommodation
- Modern Fitted Kitchen
- Two Shower Rooms Plus Separate WC
- Popular Residential Area
- NO ONWARD CHAIN
