ROI = 9% BMV = 20.16%
Description

This spacious five-bedroom house on Surrey Street in Brighton offers an exceptional opportunity for investors. Located in the heart of the city centre, it is perfectly positioned for easy access to local amenities, public transport, and the vibrant atmosphere Brighton is known for. The property is a short distance from both Brighton University and Sussex University, making it particularly appealing to students and professionals alike. The house is currently arranged as a House in Multiple Occupation (HMO), generating a reliable annual income of £45,588. Each of the five well-sized bedrooms provides a comfortable living space, ideal for tenants. The property benefits from a modern kitchen and shared living areas, ensuring convenience and functionality for its residents. Given its prime location, the property is always in demand, ensuring low vacancy rates and consistent rental income. This is a fantastic investment opportunity in one of Brighton's most sought-after locations, combining the advantages of city-centre living with proximity to the universities.   GROUND FLOOR   ENTRANCE HALL   SITTING ROOM 10' 4" x 9' 3" (3.15m x 2.82m)   BEDROOM 9' 11" x 8' 6" (3.02m x 2.59m)   KITCHEN 15' 5" x 6' 9" (4.7m x 2.06m)   SHOWER ROOM   FIRST FLOOR   BEDROOM 14' 1" x 9' 9" (4.29m x 2.97m)   BEDROOM 10' 2" x 9' 4" (3.1m x 2.84m)   WC   BATHROOM   SECOND FLOOR   BEDROOM 10' 3" x 9' 4" (3.12m x 2.84m)   OUTSIDE   PATIO GARDEN  

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Property Details
  • Property ID: 152808746
  • Added On: 2024-09-23
  • Deal Type: For Sale
  • Property Price: £500,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • A five bedroom terraced freehold property
  • Arranged as an HMO
  • Popular location close to universities
  • Current rent is £45,588 Per Annum
  • No onward chain
  • ***Guide Price £500,000 - £525,000***
  • Tenancy in situ until 2025