- FOUR DOUBLE BEDROOMS +
- PRIVATE REAR GARDEN +
- GOOD SIZE KITCHEN +
- ANNUAL INCOME OF £29,712 FROM AUG 2024 +
- POPULAR HOLLINGDEAN LOCATION +
- UNRESTRICTED FREE PARKING +
- NEW BOILER INSTALLED END OF 2022 +
- *** GUIDE PRICE £375,000 - £400,000 *** +
SUMMARY
* GUIDE PRICE £375,000 - £400,000 *
A licensed four double-bedroom HMO property, already let for the upcoming student year, generating £2,476 pcm (£29,712 pa). Located in the popular Hollingdean area of Brighton, this property offers convenient access to the universities and local amenities.
DESCRIPTION
This spacious four-bedroom HMO, ideally located in the sought-after Hollingdean area, is an excellent investment opportunity with strong appeal to both students and families. Situated just a 5-minute walk from the Cockcroft building at Brighton University and close to Sussex University via the nearby Moulescoomb train station, this property offers prime accessibility for students, ensuring a reliable rental market.
Key features include a generously sized bathroom, an additional WC off the hallway, and a large kitchen with space for a dining table, enhancing the property's appeal for shared living. The unrestricted parking and a private rear garden further add to the property's convenience and livability, making it attractive for both students and families alike.
With a projected annual rental income of £29,712 starting from August 2024, this property presents a stable investment opportunity. Its longstanding success in the rental market-continuously let for 17 years by the current owners-underscores its consistent demand in a prime location near two universities. Whether you're looking for a high-yield investment or a versatile family home, this property delivers on both fronts.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.