- Investment opportunity
- 4 bedroom HMO
- Popular student location
- Recent improvement works completed
- 6.4% yield
- £24960 rental per annum
Buy-to-Let | 4 Bedroom HMO | Popular Student Location
This property has a full HMO licence and is tenanted until September 2021 achieving a rental of £24,960 per annum which produces a gross yield of 6.4%.
This 4 bedroom HMO property is located in a popular student rental location, due to being within a short walk of both universities and Lewes Road, so perfectly placed for buses all around the city, especially the 25 bus route and “Night Bus”, which is popular with students, as it takes you to and from the centre of Brighton as well as to both university campuses. The house is also only a ten minute walk to Moulsecoomb Station for easy access to Brighton Main line.
The lockable double glazed front door opens into a large porch which offers a second lockable double glazed door into a large entrance hallway, which in turn leads into a large living area furnished with an excellent armchair and lounge sofa, offering tenants a comfortable communal seating space. Following on from this is the recently re-decorated kitchen and dining area that includes two fridges, a freezer, washing machine and gas hob/oven and plenty of cupboard space. You'll also find 4 good sized fully furnished bedrooms, a large, recently updated shower cubicle, wash basin and WC and a great sized terraced rear garden with patio furniture. This investment opportunity has been well maintained and has had new double glazed windows, a newly fitted bathroom, new British Gas fitted combi boiler and the roof completely re-felted in recent years.
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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