Property Details

4 bedroom terraced house for sale For Sale

Newmarket Road, Brighton, East Sussex, BN2

£450,000

ROI = 8% BMV = 40.31%

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Description

*** INVESTMENT OPPORTUNITY *** A spacious three storey older style terraced house which is set up as a four double bedroom HMO. Currently let until 27/8/25 at £2,462pcm (£29,574 per annum) and is being marketed for re-let for the next academic year at £2,773pcm (£33,276 per annum). Situated in a prime location for student rental on level ground close to the Lewes Road, offering easy access to the universities and also into the city centre. The accommodation is well maintained and consists of a generously sized lounge on the lower level which opens out to the kitchen. The ground and upper levels consist of four double bedrooms and bathroom and there is a good size south-facing garden to the rear. There is also potential for a loft conversion to create a further two bedrooms (subject to usual consents). Ideal for those looking for a buy to let investment with no onward chain. Entrance Hall - Living Room - 3.27m x 3.51m (10'8" x 11'6") - Window to front, opening through to: Kitchen - 3.18m x 4.10m (10'5" x 13'5") - Window to rear and door opening onto rear garden. First Floor: - Bedroom 1 - 3.90m x 3.52m (12'9" x 11'6") - Bay window to front. Bedroom 2 - 3.30m x 2.89m (10'9" x 9'5") - Window to rear. Second Floor: - Bedroom 3 - 3.31m x 2.94m (10'10" x 9'7") - Window to rear. Bedroom 4 - 3.80m x 2.99m (12'5" x 9'9") - Bay window to front. Bathroom - Obscure glazed window to front.

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