Mighell Street, Brighton

The Details

Floorplans Fees apply: Our fees Property ref: 8858704

• 4 bedroom HMO
• Leasehold- 72 years
• Let for next academic year
• 5.8% yield currently
• Great opportunity to improve property and achieve higher rents
• Next to the American Express building

This Grade II listed 4 bedroom maisonette is a HMO located on Mighell Street next to the American Express building. The property is let to students until the 6th September 2019 for a rental figure of £1820 pcm or £21,840 pa. The property is a great opportunity for investors with the property able to achieve higher rental figures if work is done to the property. Due to its incredible central location with improvements to the property the rental figures could be up to £2167pcm.

Upon entrance there are stairs up to the main level where there is a large living room that leads to the modern and practical kitchen. There is also a bathroom and 2 double bedrooms on this floor then there is a single and double bedroom top floor of the property.

Leasehold: 72 years

Measurements and floorplan to follow