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House For Sale £425,000
Bear Road, Brighton, East Sussex BN2


Description
<b> ** attention investors ** </b>

Looking to add to your portfolio or buy your first HMO property? This four bedroom student house would be a great investment opportunity.

It is currently a student let property bringing in £2,250 pcm - £27,000 per annum with a gross rental yield 6.35%. Let until August 2023.

Current tenancy from September 2022 to August 2023
£2,250 pcm - £27,000 pa – gross rental yield at Asking Price of £425,000 is 6.35%

Average yield for BN2 area is 4.7%. This property will be 1.65% above the average yield for the area.

Attracting investors, now is the time to buy this bright and inviting end terrace home with ample space and south facing garden in a prime position close to Lewes Road, Universities and transport links.

Perfectly positioned within close walking distance of Brighton University and with excellent transport links nearby to Sussex University, this four-bedroom house makes the perfect investment with potential tenants already in place until August 2023.

Inside, the rooms are well-proportioned to include four double bedrooms over two floors. Facing south, the garden gets the sun most of the day and is perfectly low-maintenance.
Nearby, the kitchen is well-equipped with plenty of storage for four sharers and all appliances will be included for ease of things and all four bedrooms are double with space for wardrobe and kept in good order.<br /><br />There is a relaxed community atmosphere with local shops, cafes, pubs and transport links within a stroll and the lively shopping district of Lewes Road is at the bottom of the hill. The whole of Brighton & Hove are all easy reach on foot or by bus or car. For those needing to reach further afield, Brighton Station serving Gatwick and London is a 10 minute drive and near the A270, you are quickly out of the city.

Follow the link for more information:
        
zoopla.co.uk

  
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