4 Bed HMO, Brighton, BN2 4AA £365,000

23 HOLLINGDEAN ROAD, BRIGHTON, BN2 4AA - 1 views - a year ago
Sold STC
HMO
Inside Article 4
ROI: 8%
~77 m²
Property image

ValuationUndervalued

Sold Prices£340K - £1.1M
Sold Prices/m²£3.8K/m² - £7.9K/m²

 

 

Square Metres

~76.58 m²
Price/m²£4.8K/m²

Value Estimate

£405,545
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£27,700

Total Cash In

£118,950

 

 

Cash Out

 

Room Rate

£758

Gross Rent

£3,032

Running Costs/mo

£2,282

Cashflow/mo

£750

Cashflow/yr

£9,003

ROI

8%

Gross Yield

10%

Local Sold Prices

50 sold prices from £340K to £1.1M, average is £581.8K. £3.8K/m² to £7.9K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£480K06/210.1 mi68, Newmarket Road, Brighton, Brighton And Hove BN2 3QF4
£390K01/250.17 mi26, Riley Road, Brighton BN2 4AH4
£422.5K08/210.18 mi11, Riley Road, Brighton, East Sussex BN2 4AG4
£410K12/210.21 mi46, Ewhurst Road, Brighton, Brighton And Hove BN2 4AJ4
£472K06/210.22 mi29, Ewhurst Road, Brighton, Brighton And Hove BN2 4AL4
£521K10/210.28 mi1, Princes Road, Brighton, Brighton And Hove BN2 3RH4
£492.5K06/210.3 mi174, Lewes Road, Brighton, Brighton And Hove BN2 3LD4
£635K11/240.3 mi79, Hartington Road, Brighton BN2 3LS4
£610K03/230.31 mi69, Hartington Road, Brighton, Brighton And Hove BN2 3LS4
£485K03/250.31 mi26, Roedale Road, Brighton BN1 7GB4
£340K07/250.31 mi27, Milner Road, Brighton BN2 4BS4
£605K08/250.32 mi88, Bonchurch Road, Brighton BN2 3PH4
£508K02/240.33 mi42, Belton Road, Brighton, Brighton And Hove BN2 3RE4
£645K04/250.36 mi10, Seville Street, Brighton BN2 3AR4
£515K05/210.37 mi45, Whippingham Road, Brighton, East Sussex BN2 3PF4
£622K08/250.37 mi52, Bonchurch Road, Brighton BN2 3PH4
£510K09/210.37 mi70, Whippingham Road, Brighton, Brighton And Hove BN2 3PG4
£690K12/230.39 mi59, Brading Road, Brighton, Brighton And Hove BN2 3PE4
£640K11/210.39 mi25, Brading Road, Brighton, Brighton And Hove BN2 3PE4
£535K05/230.39 mi67, Hollingdean Terrace, Brighton, Brighton And Hove BN1 7HB4
£780K03/250.4 mi78, Ditchling Road, Brighton BN1 4SG4
£1.1M11/220.41 mi200, Ditchling Road, Brighton, Brighton And Hove BN1 6JE4
£875K05/230.42 mi86, Rugby Road, Brighton, Brighton And Hove BN1 6ED4
£351K03/240.42 mi16, Nesbitt Road, Brighton, Brighton And Hove BN2 4BL4
£825K06/210.43 mi141, Ditchling Road, Brighton, Brighton And Hove BN1 4SE4
£625K07/250.45 mi18, Hollingbury Place, Brighton BN1 7GE4
£710K09/210.46 mi65, Warleigh Road, Brighton, Brighton And Hove BN1 4NS4
£740K11/230.46 mi155, Hartington Road, Brighton, Brighton And Hove BN2 3PA4
£840K09/230.46 mi17, St Andrews Road, Brighton, Brighton And Hove BN1 6EN4
£550K07/250.48 mi35, Hampden Road, Brighton BN2 9TN4
£500K02/250.49 mi47, Carlyle Avenue, Brighton BN2 4DR4
£705K09/230.5 mi215, Ditchling Road, Brighton, Brighton And Hove BN1 6JD4
£1.1M02/230.51 mi41, Rugby Road, Brighton, Brighton And Hove BN1 6EB4
£583.5K05/250.51 mi264, Ditchling Road, Brighton BN1 6JF4
£583.5K05/250.51 mi264, Ditchling Road, Brighton BN1 6JF4
£370K08/210.52 mi29, Baden Road, Brighton, Brighton And Hove BN2 4DP4
£575K08/230.52 mi102, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NG4
£515K01/250.52 mi2, Shaftesbury Road, Brighton BN1 4NE4
£560K09/210.52 mi138, Hollingbury Road, Brighton, Brighton And Hove BN1 7JD4
£1.1M03/250.52 mi16, Hanover Crescent, Brighton BN2 9SB4
£489.5K01/250.53 mi211, Elm Grove, Brighton BN2 3EL4
£610K01/250.53 mi28, Yardley Street, Brighton BN1 4NU4
£886K04/250.53 mi102, Stanford Avenue, Brighton BN1 6FE4
£415K06/210.53 mi38, Lynton Street, Brighton, Brighton And Hove BN2 9XR4
£750K07/230.54 mi12, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NE4
£657K09/230.54 mi13, Shaftesbury Road, Brighton, Brighton And Hove BN1 4NE4
£540K07/250.54 mi225, Elm Grove, Brighton BN2 3EL4
£925K06/230.55 mi23, Rugby Road, Brighton, Brighton And Hove BN1 6EB4
£580K08/230.55 mi82, Barnett Road, Brighton, Brighton And Hove BN1 7GH4
£566.5K06/230.55 mi27, Carisbrooke Road, Brighton, Brighton And Hove BN2 3EF4

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £365,000

May 15, 2025

Price changed to £375,000

January 19, 2025

Listed for £390,000

July 11, 2024

Floor Plans

Property image

Description

  • Licensed HMO +
  • Four Double Bedrooms +
  • Let Until 21/8/25 at £3,033 per calendar month including bills +
  • Good Transport Links +
  • Prime Student Location +
  • Close to Lewes Road +
  • Tenure: Freehold +

ATTENTION INVESTORS

A good standard four-bedroom licensed HMO property, fully let from September 25 at £2,635 pcm / £31,620 per annum - providing an approximate gross yield of 8.67%. Attracting investors, now is the time to buy this bright and inviting terraced house with ample space and south facing garden in a prime position just off Lewes Road, with easy access to both universities and Brighton city centre.

Accommodation consists of four double bedrooms, communal living area, kitchen leading out to south facing courtyard, and bathroom. Facing south, the garden gets the sun most of the day and is perfectly low-maintenance.

To be sold as a fantastic opportunity at an ongoing investment.

Perfectly positioned within close walking distance of Brighton University and with excellent transport links nearby to Sussex University, this four-bedroom house makes the perfect investment with potential tenants already in place until August 2023.

There is a relaxed community atmosphere with local shops, cafes, pubs and transport links within a stroll and the lively shopping district of Lewes Road is at the bottom of the hill. The whole of Brighton & Hove are all easy reach on foot or by bus or car. For those needing to reach further afield, Brighton Station serving Gatwick and London is a 10 minute drive and near the A270, you are quickly out of the city.

Agent Details

Aston Vaughan, Brighton

01273 092076

Next Steps?

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