The Details

EPC Floorplans Fees apply: Our fees Property ref: 12515560 Council tax band: B

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Floor plans for Newick Road, Brighton property for sale in Moulsecoomb, Brighton by Coapt
  • SOLD Subject to Contract
  • 4 Bedroom
  • HMO
  • Freehold
  • Council Tax Band: B
  • EPC: D
  • Current Gross Rental: £27,036 pa
  • Current Gross Yield: 6.8%

Coapt are delighted to present to market, this exciting investment property.

Licensed as a 4 bedroom HMO, the property has consistently let to student sharers for a number of years, often amongst one of the first properties to let each season, owing to its close proximity to both of the City's Universities.

Currently returning an annual revenue of £27,036 until summer 2025, there are options to increase the rental income, inline with overall market growth. However the property also retains options to be converted into a 5 bedroom property, with a forecasted potential rental of £36,400 PA. producing a 8.4% gross yield against the purchase price.

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01273 645797
enquiries@coapt.co.uk

Please quote the property reference 12515560 when enquiring.

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