House For Sale, Bevendean Road, Brighton BN2

Description

Harringtons Sales are delighted to offer the opportunity to purchase this fantastic HMO investment property ideally situated in a popular student location for all students across Brighton. This spacious four double bedroom HMO is currently let to students with the tenancy due to end in August 2023. The current rental for the property is £29,112 per annum which is 5.8% return. Harringtons Sales are pleased to confirm a tenancy has also been secured for the following 2023/2024 academic year, all paperwork completed and achieving an annual rental income of £31,500 which is a 6.3% return.

Property situated in Coombe Road area. This four bed house in multiple occupation has consistently let to students due to its very convenient location to both Brighton and Sussex University.

The property traditionally attracts mature students and it is in our opinion in a very good condition.

Situated over three floors with four double bedrooms, two of which are large doubles and two smaller doubles. An open plan kitchen and lounge, bathroom and a second shower room.

Double glazed and underfloor heating throughout.

Offers sought in excess of £500,000.

Harringtons Sales is a member of the property redress scheme.

If you are interested in arranging a viewing for this property please call our office direct.

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House For Sale £500,000 Bevendean Road, Brighton BN2

House For Sale £500,000
Bevendean Road, Brighton BN2