Waverley Crescent, Brighton

The Details

Floorplans Fees apply: Our fees Property ref: 11617019

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• INVESTMENT OPPORTUNITY
• HMO Licenced
• £28,596.00 gross rental per annum
• Let to students on AST until Sept 2023
• 6% yield
• Fantastic location next to Brighton University
• Large rear garden with great views!
• Open plan kitchen
• Off street parking
• Coapt Ref: 10866049

A great opportunity to purchase a well maintained, 5 bed HMO property with an annual income of £28,596.00, and a yield of 6%. Student tenants are already in place for the next 22/23 tenancy.

This fantastic five bedroom HMO terrace house is situated in Hollingdean, close to both Lewes Road and Five Ways, both of which boast an abundance of local shops and amenities. This property has proven to be very popular with student sharers benefitting from continual joint AST rentals year after year. Its location and condition make this an ideal purchase for any investor looking to rent to student or residential sharers in Brighton. Other benefits include, easy transport links to both Universities & Brighton City Centre, off road car parking and within a short walk to local parks, pubs and cafes.

The house briefly comprises of five bedrooms, a well equipped open plan kitchen/living room, upstairs bathroom and separate W/C. It also holds spectacular views of Brighton from the sizeable south east facing rear garden.