The Details

Fees apply: Our fees Property ref: 11530396

  • HMO INVESTMENT OPPORTUNITY
  • ANNUAL RENTAL INCOME £43,680 = 6.72% YIELD
  • TENANCY AGREEMENT SIGNED 2022/2023 AT £140 PPPW
  • TERRACED HOUSE
  • 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 POPULAR LOCATION right off Lewes Road, on Edinburgh Road. This HUGE 6 DOUBLE bedroom HMO is currently LET to students, with the current tenancy due to end in August 2022. A tenancy has also been secured for the following 2022/2023 academic year, tenancy agreement SIGNED, achieving an ANNUAL RENTAL INCOME of £43,680!!!

Edinburgh Road is the PERFECT student LOCTION, IDEAL for the public commute 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 BOOSTS 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 STUDENT space! Off the living room there is a CONVIENIENT 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 DOUBLE bedrooms, some of which BOAST BEAUTIFUL original FEATURES like fire places. There are also TWO MODDERN bathrooms, each containing showers and one with a bath.

THIS IS THE PERFECT INVESTMENT OPPORTUNITY!!!

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01273 645797
enquiries@coapt.co.uk

Please quote the property reference 11530396 when enquiring.

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