£450,000

   

ROI = 10% BMV = 21.65%
Description

*** INVESTMENT OPPORTUNITY *** A five bedroom semi-detached house which is currently let as an HMO with tenants in situ until 9/8/25 producing £3,033pcm or £36,400 per annum. Great location for students situated directly opposite Brighton University and set back from the Lewes Road, with frequent buses passing by into the city centre and also to the Sussex University campus at Falmer. Generously sized accommodation which consists of five double bedrooms, open-plan kitchen/dining/living space, shower room and separate WC. Well-maintained gardens to both front and rear. No onward chain. Approach - Lawned front garden with hedged boundaries, footpath leads to front door. Entrance Hall - Stairs ascend to first floor, understairs cupboard and tiled floor. Open-Plan Kitchen/Dining/Lounge: - 3.49m x 5.03m (11'5" x 16'6") - Lounge Area - Windows to front and side, tiled floor. Kitchen/Dining Area - Range of units at eye and base level, worktops with tiled splashbacks and breakfast bar. One-and-a-half bowl stainless steel sink with mixer tap and drainer, space for gas oven with stainless steel splashback and retractable extractor hood over, spaces for appliances, tiled floor and door to rear garden. Bedroom - 3.35m x 2.46m (10'11" x 8'0") - Window to front. Bedroom - 3.35m x 2.48m (10'11" x 8'1") - French doors to rear garden. First Floor Landing - Circular window to front, built-in cupboard over stairs, entrance to loft. Bedroom - 3.49m x 2.70m (11'5" x 8'10") - Window to front. Bedroom - 3.49m x 2.32m (11'5" x 7'7") - Sash window to rear. Bedroom - 3.35m x 5.02m (10'11" x 16'5") - Double aspect room with windows to front and rear. Shower Room - Tiled walls, shower enclosure with hand-held shower attachment on riser, wash basin. Separate Wc - Low-level WC, wash basin, tiled walls. Rear Garden - Mostly lawned with paved patio, mature shrubs and small trees. Hedged boundaries and gated side access.

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Property Details
  • Property ID: 155135435
  • Added On: 2024-11-20
  • Deal Type: For Sale
  • Property Price: £450,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • Great Investment Opportunity
  • Being Sold with Tenants In Situ
  • Let Until 9/8/25
  • Producing £3,033pcm or £36,400 Per Annum
  • Five Double Bedrooms
  • Open-Plan Kitchen/Dining/Living Room
  • Sought-After Location for Students
  • Directly Opposite Brighton University
  • Frequent Buses to City Centre & Sussex University
  • NO ONWARD CHAIN