Buller Road, Brighton

The Details

Floorplans Fees apply: Our fees Property ref: 11969584 Council tax band: B

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• Investment Opportunity
• 3 Bedroom
• Leasehold
• 158 Years remaining on lease
• Tenancy in place until Aug 2024
• £1,859 PCM gross rental
• £22,308 PA gross rental
• Healthy 6.3% Gross yield
• Substantial rental growth forecast
• 158 Years on lease

Perfectly located in an area of high rental demand, especially for students, this property has had continuous and lucrative success as a buy-to-let investment, and offers immediate and guaranteed return in investment.

Currently let on a fixed term AST agreement, running until August 2024, the property returns a monthly gross rental of £1,859 PCM / £22,308 PA. This producing a very healthy gross yield for the first year of 6.3%.

There is a severe shortage of 3 bedroom, properties to rent in the City at present. As such, rental values for this size of property are forecast to increase year-on-year at a much higher rate than other properties. Despite all rental figures in the city already anticipated to grow by substantial amounts over the next 3-5 years.

The property has a present EPC rating of C, offering security and protection with regards to the expected increase in minimum standards to C for rental accommodation within this decade.