Edinburgh Road, Brighton

The Details

Floorplans Fees apply: Our fees Property ref: 11530396 Council tax band: C

Virtual tour!

• HMO INVESTMENT OPPORTUNITY
• ANNUAL RENTAL INCOME £43,680 = 6.72% YIELD
• TENANCY AGREEMENT SIGNED 2022/2023 AT £140 PPPW
• RECENTLY RE-CARPETED AND REDECORATED!
• 6 DOUBLE BEDROOMS
• SPACIOUS KITCHEN AND LIVING SPACES
• 2 BATHROOMS
• ADDITIONAL SEPERATE WC
• CENTRAL LOCATION RIGHT ON LEWES ROAD
• LOW MAINTENANCE PATIO GARDEN

HMO INVESTMENT OPPORTUNITY l ANNUAL RENTAL INCOME £43,680 = 6.72% YIELD l TENANCY AGREEMENT SIGNED 2022/2023 AT £140 PPPW l TERRACED HOUSE l 6 DOUBLE BEDROOMS l SPACIOUS KITCHEN AND LIVING SPACES l 2 BATHROOMS l ADDITIONAL SEPERATE WC l CENTRAL LOCATION RIGHT ON LEWES ROAD l LOW MAINTENANCE PATIO GARDEN

Coapt are delighted to offer the opportunity to purchase this fantastic Investment Property ideally situated in a prime student rental hot bed, right off of Lewes Road. This huge 6 double bedroom HMO is currently let to students, with the tenancy due to begin in Sept 2023, achieving an annual gross income of £43,680!!! Giving a 6.72% Yield.

Edinburgh Road is the perfect student location, perfect for the journey to either Brighton or Sussex university. Situated between campus and the Brighton Town centre, this property is surrounded by local amenities, shops and travel links!

This property boasts 6 large double bedrooms. The first of which are situated on the ground floor of this terraced house. As with all bedrooms in this house, these are furnished with a bed, wardrobe, desk and chair, and plenty of room for personal belongings. The theme of space continues throughout the entire house. On the lower level, there is a modern fitted kitchen open plan into the bright & airy living space. This space is great for socialising, there are comfortable sofas as well as a dining table and chairs, making it the perfect space to study or relax Off from the living room there is a convenient additional WC, separate from the main bathrooms, as well as access to the rear patio garden.

On the upper floors of the house are the remaining bedrooms, some of which lay host to beautiful original fire places. There are also two modern bathrooms, each containing showers and one with a bath, with the full property having recently been decorated and new flooring laid.

This HMO offers the best of both worlds, with high immediate rental returns, and continued safety and ease of re-letting, with the promise of continued capital growth.