- Buy-to-Let Investment Opportunity
- Full HMO Licence and Planning Consent
- Let on a joint Assured Shorthold Tenancy
- 2019-2020 Rental Income: £1755pcm
- Three double bedrooms
- Gas central heating
Delightful 3 bedroom top floor student flat situated on Freshfield Road in Brighton. Located a minutes walk to the nearest bus stop with regular links, such as No 21, 25 and 49, travelling to both Brighton and Sussex University. A 15 minute walk South brings you into Kemptown, buzzing with cafes and pubs as well as a large Morrisons supermarket. The property is bright and airy, with further benefits including gas central heating and double glazing throughout.
The property comprises a communal front entrance, with stairs leading up to the top floor flat. The first door opens into a modern bathroom fitted with a bath, overhead shower, wash basin and WC. Next to the bathroom is a stylish kitchen including a tall fridge freezer, washing machine and gas hob oven. Towards the rear of the first floor is a large double bedroom furnished with a bed and wardrobe. Following up the stairs brings you to the second floor landing providing access to a separate large living area and a further two double bedrooms.
This property has a full HMO licence and planning for use a house of multiple occupation.
Tenants have been secured for the 2019-2020 academic year for and rental of £21,060per annum which would produce a gross yield of 6.2%.
Ground Rent: £200per annum
Service Charge: 50pcm
Lease Length: 96 years
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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