Craven Road, Brighton

The Details

EPC Fees apply: Our fees Property ref: 10824753

Virtual tour!

• 4 bedroom student HMO freehold
• Investment opportunity
• Student ASTs in place until September 2022
• Separate open plan living room
• Private rear garden
• Virtual tour available
• Close to the University Hospital
• £22,872 gross rental per annum
• 6.3% Yield
• £365,000 Asking Price

This lovely four bedroom terraced house is situated just a short walk from Kemptown and the Royal Sussex County Hospital. The property is in great condition throughout and is offered fully furnished. With student tenants already secured until summer 2022, this represents an excellent investment opportunity.

Set out over three storeys, you enter the house and to your right is the open plan living area. It is furnished to a high standard with comfortable sofas and a dining table with chairs. On the other side is the modern fitted kitchen. Incorporating a fantastic five ring gas hob, white goods, and copious amounts of storage there is a very homey feel to the room. Access to the large garden is found from the kitchen, past a modest utility area. The first floor is made up of three sizable bedrooms and a bright, communal bathroom with a separate WC. The bedrooms each have ample storage, a personal work desk and a welcoming bed. The fourth bedroom is found in the eaves of the house and is furnished to the same high standard as the other bedrooms.

Rented until Summer 2022 at £22,872 gross per annum, the house gives a yield of 6.3% on the asking price. Located so close to the hospital, the property rents comfortably each year to students, and in particular medial placement students. It also attracts interest from professional sharers.