Property Details

5 bedroom terraced house for sale For Sale

Saint Mary Magdalene Street, Hanover & Queen's Park, Round Hill, Brighton, Brighton and Hove, England, BN2 3HU, United Kingdom

£475,000

ROI = 10% BMV = 16.58%

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Description

Located on St. Mary Magdalene Street in the vibrant city of Brighton, this spacious four-bedroom terrace house presents an exceptional investment opportunity for buy-to-let investors. Licensed as a House in Multiple Occupation (HMO), this property generates an impressive annual income of £39,000, offering a strong and consistent rental yield. The property's location is ideal for attracting tenants, particularly students, as it is within close proximity to the city center and well-connected by routes to the University of Brighton and other educational institutions. Brighton's dynamic rental market, driven by its large student population, makes this home particularly appealing for investors seeking long-term returns. With a layout designed to maximize space and comfort, the house provides generous living accommodations across four bedrooms, making it a highly desirable option for tenants. The terrace offers a combination of both convenience and comfort in one of Brighton's most sought-after neighborhoods. For investors, this property represents a rare chance to acquire a high-yielding, fully compliant HMO in a prime location, with the potential for continued strong rental demand. GROUND FLOOR ENTRANCE HALL BEDROOM 10' 6" x 10' 4" (3.2m x 3.15m) BEDROOM 10' 11" x 8' 5" (3.33m x 2.57m) FIRST FLOOR BEDROOM 10' 4" x 8' 10" (3.15m x 2.69m) BEDROOM 10' 11" x 8' 5" (3.33m x 2.57m) BATHROOM LOWER GROUND FLOOR BEDROOM 13' 6" x 9' 6" (4.11m x 2.9m) SHOWER ROOM SITTING ROOM / KITCHEN 20' 1" x 13' 00" (6.12m x 3.96m) OUTSIDE REAR PATIO GARDEN

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