Halland Road, Brighton

The Details

EPC Floorplans Fees apply: Our fees Property ref: 10541053

Virtual tour!

• Freehold
• 6 Bedroom HMO
• Investment opportunity
• Virtual 3D tour available
• Excellent student rental location
• Usual rental income of £34,320 per annum
• Current short term company tenancy in place
• Current gross rental of £19,200
• 4.6% gross yield
• OIEO: £420,000

Investment opportunity! fantastic 6 bedroom HMO property, traditionally rented to students. The house has recently been refurbished, featuring white washed walls, new Venetian blinds throughout and a wall hanging smart TV.

Having achieved £34,320 from a 2019-2020 student AST, the property has consistently rented well to Sussex university students in particular, due to its location. The house is currently let on a company tenancy agreement for a gross rental of £19,200 per annum.

The property comprises of an entrance hallway leading to two bedrooms, a large separate living room and well equipped kitchen all on the ground floor. The kitchen, just fitted with new flooring, is towards the rear of the house and includes a tall fridge freezer, washing machine and gas hob oven. Through the kitchen is a separate shower room with toilet and a door leading out to a large rear garden. On the first floor are a further four bedrooms, as well as a modern bathroom with a bath and overhead shower.