- Buy-to-Let Investment Opportunity
- Let on a joint Assured Shorthold Tenancy
- 2018-2019 Rental Income: £1993pcm
- 2019-2020 Rental Income: £2080pcm
- 4 Bedroom first floor flat
- Open plan kitchen living
- First floor flat with Balcony
- Popular student location
Large four double bedroom flat located at the bottom of Upper Lewes Road and Ditchling Road, forming part of a quiet and secure purpose built block of flats, close to London Road station with a direct route to Moulscoomb and Falmer stations.
The property is in good decorative order with lots of built in storage. With four large double bedrooms, one with large additional enclosed balcony, large modern kitchen with dining space and a range of appliances plus a further utility area and a modern well fitted shower room. The property is furnished and ideal for students. Just a few minutes walk from bus stops and easy access to both Universities and the City Centre.
This property does not require an HMO licensed under Brighton and Hove's HMO Additional Licencing Scheme and is exempt from Article 4 restrictions.
Currently let on a fixed term AST until August 2019 for a rental figure of £23,916per annum. Tenants have also been secured for the 2019-2020 academic year for and rental of £24,960per annum which would produce a gross yield of 7.4%.
Ground Rent: £10/year
Lease Length: 95 years
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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