Buller Road, Brighton

The Details

EPC Floorplans Fees apply: Our fees Property ref: 10092646

• HMO buy to let investment property
• HMO additional license application and fee submitted
• Concept drawing available of loft conversion to fifth bedroom
• 4 student AST in place until August 2021
• Currently achieves gross rental of £26,304 Per annum inclusive of bills
• 6.6% gross Yield
• Asking Price of £399,000

Ideal Investment Opportunity / HMO / Freehold

Fantastic four bedroom investment property available on the Buller Road, a popular student location. The property comprises of entrance hallway leading through to a large double bedroom on the ground floor to the front of the property, an open plan kitchen living space in the middle and a bathroom with utility area with access to a well presented garden to the rear. On the first floor are a further three bedrooms which are all doubles. This property is in good condition throughout and also has the potential to extend into the loft space to make an additional bedroom STNC.

This student rental property presents an exiting investment opportunity, having easily rented for 12 years and currently achieving a rental of £26,304 per annum, inclusive of bills. As mentioned above, plans are in place with the option of expanding to a fifth bedroom as a loft conversion STNC.

The current tenancy expires August 2021 and the sale is conditional on fixed term tenancy assignment on present agreed terms.