6 Bed HMO, Brighton, BN2 3LD £500,000

170 Lewes Road, Brighton, BN2 3LD - 1 views - a year ago
Sold STC
HMO
Inside Article 4
ROI: 5%
~106 m²
Property image

ValuationUndervalued

Sold Prices£347K - £2.8M
Sold Prices/m²£3K/m² - £15.5K/m²

 

 

Square Metres

~105.70 m²
Price/m²£4.7K/m²

Value Estimate

£615,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Room Rate

£628

Gross Rent

£3,768

Running Costs/mo

£3,078

Cashflow/mo

£690

Cashflow/yr

£8,283

ROI

5%

Gross Yield

9%

Local Sold Prices

26 sold prices from £347K to £2.8M, average is £1.2M. £3K/m² to £15.5K/m², average is £6.2K/m².

Price
Date
Distance
Address
Beds
 
£580K12/230.28 mi83, Hanover Street, Brighton, Brighton And Hove BN2 9SS6
£1.7M03/250.51 mi53, Springfield Road, Brighton BN1 6DF6
£630K07/210.56 mi60, Hollingbury Road, Brighton, Brighton And Hove BN1 7JA6
£562.5K02/230.58 mi79, Hollingdean Terrace, Brighton, Brighton And Hove BN1 7HB6
£1.4M01/250.71 mi9, East Drive, Brighton BN2 0BQ6
£580K02/230.79 mi29, Blaker Street, Brighton, Brighton And Hove BN2 0JJ6
£960K06/210.92 mi5, Upper Hamilton Road, Brighton, Brighton And Hove BN1 5DF6
£2.1M06/250.94 mi27, Montpelier Crescent, Brighton BN1 3JJ6
£2.1M06/250.94 mi27, Montpelier Crescent, Brighton BN1 3JJ6
£550K06/250.99 mi22, Charles Street, Brighton BN2 1TG6
£522K12/211.12 mi3, Colbourne Avenue, Brighton, Brighton And Hove BN2 4GE6
£1.5M12/211.25 mi15, Nizells Avenue, Hove, Brighton And Hove BN3 1PL6
£347K01/231.38 mi47, Findon Road, Brighton, Brighton And Hove BN2 5NY6
£400K03/251.43 mi59, Wilson Avenue, Brighton, Brighton And Hove BN2 5PA6
£1.1M06/211.48 mi21, Orpen Road, Hove, Brighton And Hove BN3 6NJ6
£1.2M06/231.56 mi11, Surrenden Close, Brighton, Brighton And Hove BN1 8EB6
£1.9M10/241.6 mi19, Surrenden Crescent, Brighton BN1 6WE6
£2.1M11/211.86 mi105, Shirley Drive, Hove, Brighton And Hove BN3 6UE6
£2.7M11/221.88 mi79, Hove Park Road, Hove, Brighton And Hove BN3 6LL6
£1.7M10/232 mi53, Roedean Crescent, Brighton, Brighton And Hove BN2 5RG6
£2.5M12/242.29 mi7, Dyke Close, Hove BN3 6DB6
£875K09/232.47 mi116, The Ridgway, Brighton, Brighton And Hove BN2 6PB6
£945K06/212.53 mi27, Modena Road, Hove, Brighton And Hove BN3 5QF6
£1.4M09/212.54 mi16, Westbourne Villas, Hove, Brighton And Hove BN3 4GQ6
£2.8M07/232.55 mi6, Westbourne Villas, Hove, Brighton And Hove BN3 4GQ6
£525K06/212.65 mi33, Wanderdown Road, Ovingdean, Brighton, Brighton And Hove BN2 7BT6

Local Area Statistics

Population in BN2

93,124

Population in Brighton

208,224

Town centre distance

0.81 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 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 £500,000

July 26, 2025

Price changed to £525,000

May 15, 2025

Price changed to £550,000

February 20, 2025

Listed for £575,000

September 25, 2024

Floor Plans

Property image

Description

  • IDEAL INVESTMENT OPPORTUNITY +
  • Substantial Six Bed HMO Property +
  • Arranged Over Three Levels +
  • Currently Producing £3,770pcm or £45,250 per annum +
  • Let Until 19/08/25 +
  • Well-Maintained Accommodation +
  • Separate Kitchen & Living Room +
  • Two Shower Rooms +
  • Popular Student Location +
  • Close to Local Amenities +

* IDEAL INVESTMENT OPPORTUNITY *
A substantial six bedroom HMO property which is arranged over three levels and is let until 19/8/25 at £3,770pcm or £45,250 per annum. Well-maintained and well laid out accommodation which consists of six good sized bedrooms, two shower rooms, modern kitchen and separate living room. Prime location for student letting on level ground, close to all local amenities and with easy access into the city centre and out to the universities.

Entrance Hall -

Living Room - 3.61m x 2.21m (11'10" x 7'3") -

Kitchen - 3.80m x 2.36m (12'5" x 7'8") -

Bedroom - 3.56m x 2.55m (11'8" x 8'4") -

Shower Room -

First Floor: -

Bedroom - 4.01m x 2.18m (13'1" x 7'1") -

Bedroom - 3.37m x 2.38m (11'0" x 7'9") -

Bedroom - 3.65m x 2.38m (11'11" x 7'9") -

Shower Room -

Second Floor: -

Bedroom - 4.12m x 3.13m (13'6" x 10'3") -

Bedroom - 3.08m x 2.52m (10'1" x 8'3") -

Garden -

Agent Details

John Hilton & Co, Brighton

01273 109758

Next Steps?

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