Description
Avard estate agents are excited to offer for sale this excellent opportunity to acquire this 5 double bedroom HMO which is considered to be in good decorative order, viewing essential.
The property is currently achieving £2,752pcm/£33,024 per annum a 6.95% and is projected to be receiving approximately £3,142/£37,000 per annum on the next (AST) which would bring an excellent yield of 7.94%.
Situated on Elm Grove in this is extremely popular residential area of Brighton. With fantastic public transport links to the City Centre, Brighton and Sussex Universities, Stamner Park and Brighton mainline train station the area is particularly well suited to families and young professionals. With local amenities within walking distance on both Lewes Road and London Road the property also benefits from nearby parks such as The Level & William Clarke Park.