House For Sale £500,000
Viaduct Road, Brighton

Licenced HMO FOR SALE BY PRIVATE TREATY

Guide Price: £500,000+

The property is fully let on an Assured Shorthold Tenancy Agreement expiring on 8th September 202 producing an annual income of £33,804 offering a current yield of 6.7%. On 16th September 2023, a new 12 month tenancy will commence at the higher rent of £36,396 per annum at a yield of 7.3%.

There are 5 letting rooms with an additional lounge perhaps offering scope for further uplift of the rent, bathroom, separate wc and fitted kitchen.

Considered to be in excellent condition, the property is situated in tis highly popular location close to Preston Circus as well as access to Brighton City Centre with is range of bars, restaurants, boutiques and shops which in turn lead to the seafront. Preston Park is close by as are mainline railway stations offering direct links to London.

The property is considered to provide for an exceptional investment offering an excellent yield.

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