Property Details

3 bedroom terraced house for sale For Sale

Baden Road, Coombe Road District, Bevendean, Brighton, Brighton and Hove, England, BN2 4DP, United Kingdom

£385,000

ROI = 9% BMV = 9.63%

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Description

Positioned on a quiet residential Road, yet just a short walk to Lewes Road, Bear Road and a range of local amenities is this 3 bedroom terraced property. Having been operated as a rental property for a number of years, the house is now offered for sale, chain free, with the ability for a residential buyer to complete at expiry of the current tenancy in August. The house does presently hold a HMO license for three occupiers, so also makes for a sound ongoing rental for investment buyers. The house is neatly proportioned, with an open plan Kitchen/Dining room which looks out onto the large garden. It is unusual for a property in this part of the city to have such an expansive outside space. Also on the ground floor, at the front of the property, is a large east facing Living room. This space makes also holds the option to be knocked into the adjacent room to create one large open plan footprint if desired. For rental purposes, this space operates as a bedroom. On the first floor is the large family size bathroom, presently fitted with a spacious walk in shower. Within the bathroom is the boiler cupboard with modern combi boiler. There are two double bedrooms on the first floor, as well as a further single bedroom, which could also function as a home office. Subject to any necessary planning consent, the property has a large loft space. This area has potential for development, to save the need of moving again in future if additional space is required. From an investment perspective, there is the potential to develop from a three to six bedroom HMO. Please speak with one of our agents to discuss this option and a comparable project that has previously been undertaken on the road. Financial details of the current and previous rental history of the property is available on request.

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