Picture No. 26

House For Sale £925,000
Portland Road, Hove, East Sussex, BN3


Description
Nestled in the heart of Portland Road, this property enjoys an unrivalled location that has consistently attracted substantial rental demand. The proximity to the city centre and its popularity among students make it a prime choice for tenants, ensuring a steady stream of applicants and allowing landlords the luxury of tenant selection.

Accommodation & Tenancy Schedule
HMO Studio 1: Let at £695 PCM
(Ground floor)
Reception room, open plan kitchen
EPC Rating: E

HMO Studio 2: Let at £675 PCM
(Ground floor)
Reception room, open plan kitchen
EPC Rating; E

HMO Studio 3: Let at £675 PCM
(First floor)
Reception room, open plan kitchen
EPC Rating: C

HMO Studio 4: Let at £675 PCM
(First floor)
Reception room, open plan kitchen
EPC Rating: E

HMO Studio 5: Let at £750 PCM
(First floor)
Reception room open plan kitchen
EPC Rating: E

HMO Studio 6: Let at £650 PCM
(Second floor)
Reception room, open plan kitchen
EPC Rating: E

Flat 7: Let at £900 PCM
(Second floor)
Reception room, open plan kitchen, one bedroom & bathroom room
EPC Rating: D

Total current annual rental income £60,020

Rents are inclusive of water rates, and exclusive of council tax and electric utilities.
Each unit has its electric meter. The property's strategic location and high-quality finish position it for continued growth in rental returns, aligning with broader market trends.

Unlike many HMOs in the city, the architectural design of this property allows it to retain its full value even if reverted to a family home for sale. This unique feature provides flexibility for landlords, offering security and exit options if needed.

This HMO not only promises excellent current returns but also positions itself as a long-term investment with potential for both rental and capital value growth. The solid rental history, combined with the upcoming rental season and projected growth, makes this property a compelling choice for investors seeking stability and profitability.

In summary, this seven bedroom HMO on Portland Road stands as a testament to prime location, guaranteed returns, and future growth potential. Whether you're a seasoned landlord looking to boost your portfolio or a first-time investor seeking a secure venture, this property is your gateway to a successful and rewarding investment in Brighton's thriving real estate market.

Act now to secure your place in this unparalleled investment opportunity.

Train Station: Hove 0.5 miles
Council Tax: Band E


Follow the link for more information:
        
onthemarket.com

  
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