Fees apply: Our fees Property ref: 10022191
- HMO investment opportunity
- 7.3% yield cuurently
- Prime student location
- New kitchen in January
- £35,880 current annual rental figure
- Tenants in situ
A six bedroom HMO just off of Lewes Road on Hillside. The property is over 2 floor and is undergoing a brand new kitchen at the start of the new year. The property is currently let until 14th September 2020 and is on the market for the rental figure of £2860pcm for the next academic year so therefore achieving a 7% yield.
Upon entrance of the property there are two bedrooms at the front of the property that are either side of the hallway. The hallway then leads through to the kitchen, which will be refurbished in January, the living room and utility room that has a separate toilet. The utility room has doors that go out to the large rear garden. On the first floor there are the other 4 bedrooms with 2 at the front and back on both sides of the property and a separate W.C and bathroom. The house is currently getting new furniture and will have double beds in 5 of the bedrooms.
The property is in a prime location for students as it is within walking distance to both Brighton and Sussex universities and could achieve higher rental figures in the future to further maximise the investment.
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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