Southall Avenue, Brighton

The Details

Floorplans Fees apply: Our fees Council tax band: C Property ref: 12269629

• Investment Opportunity
• 5 Bedroom HMO
• 2 Bathrooms + Additional WC
• C4 Use Class
• AST Agreement in Place
• 2024-25 Tenancy Agreed
• Virtual Tour Available on Request
• Options to Add Rooms (STPC)
• £3,142 pcm / £37,704 PA Gross rental
• 8% Gross yield PA

Positioned within a 5 minute walk of Brighton University’s main academic buildings, this five bedroom national HMO has consistently proved to be a safe and lucrative investment.

Owing to its location, the house is amongst the first to rent in the student market each year. This is evidenced through a present AST agreement in place, as well as a subsequent agreement already in place for the 2024/25 academic year with a rental at £3,142 pcm. This means a high yielding rental return secured through to summer 2025.

The property is expected to benefit from further future rental growth in an ever strengthening market, whilst there remains further options to improve rental with aesthetic improvement, and multiple options to expand with additional bedrooms, subject to planning consent (STPC).

The property offers an exceptional opportunity for a high retuning and safe investment, which is future proofed with all currently licensing held, and an EPC rating already in excess of proposed increases to minimum ratings. This all means the house can be held as a low hassle asset whilst retaining options for further investment and growth where desired.

EPC: C
Council Tax Band: C (Exempt during periods of Student Tenant occupation)