ROI = 10% BMV = 13.18%
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Description
This three-bedroom HMO house on Lewes Road, Brighton, is an ideal investment, currently generating a reliable income of £30,000 per annum. Each of the three bedrooms benefits from its own en-suite bathroom, ensuring privacy and comfort for tenants. This setup is particularly attractive to students and young professionals, offering them both convenience and a high standard of living. The property also includes a small garden, providing a pleasant outdoor space for relaxation. The location on Lewes Road is a major advantage, positioned within easy reach of Brighton's universities, making it highly desirable for student tenants. The area is vibrant, with a wide range of local amenities including cafes, shops, and supermarkets, as well as excellent transport links to the city centre and beyond. The combination of its prime location, strong rental demand, and current income stream makes this property an appealing investment opportunity, offering both immediate returns and long-term growth potential in Brighton's thriving rental market. GROUND FLOOR ENTRANCE HALL BEDROOM 11' 11" x 11' 1" (3.63m x 3.38m) ENSUITE SHOWER ROOM PATIO GARDEN LOWER GROUND FLOOR SITTING ROOM / KITCHEN 13' 11" x 10' 9" (4.24m x 3.28m) W.C BEDROOM 14' 1" x 10' 4" (4.29m x 3.15m) ENSUITE SHOWER ROOM FIRST FLOOR BEDROOM 11' 0" x 10' 6" (3.35m x 3.2m) ENSUITE BATHROOM
Find out MoreProperty Details
- Property ID: 154288643
- Added On: 2024-10-29
- Deal Type: For Sale
- Property Price: £350,000
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- Delightful three bedroom HMO
- Ideal student location
- Close to town and routes to university
- Tenants in situ until September 2025
- Annual income of £30,000 per annum
- Guide price £350,000 - £375,000
