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4 Bed HMO, Brighton, BN1 9JJ £430,000

Newick Road, Brighton, BN1 9JJ - 6 views - a year ago
  1. Deal Search
  2. Brighton
  3. BN1
  4. BN1 9JJ
Sold STC
HMO
Inside Article 4
~84 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Brighton
  • More Deals in BN1
  • More HMO Deals
  • More HMO Deals in Brighton
  • More HMO Deals in BN1

Property History

Price changed to £430,000

March 4, 2025

Listed for £400,000

November 19, 2024

Floor Plans

Description

  • SOLD Subject to Contract +
  • 4 Bedroom +
  • HMO +
  • Freehold +
  • Council Tax Band: B +
  • EPC: D +
  • Current Gross Rental: £27,036 pa +
  • Current Gross Yield: 6.8% +

Coapt are delighted to present to market, this exciting investment property.

Licensed as a 4 bedroom HMO, the property has consistently let to student sharers for a number of years, often amongst one of the first properties to let each season, owing to its close proximity to both of the City's Universities.

Currently returning an annual revenue of £27,036 until summer 2025, there are options to increase the rental income, inline with overall market growth. However the property also retains options to be converted into a 5 bedroom property, with a forecasted potential rental of £36,400 PA. producing a 8.4% gross yield against the purchase price.

Agent Details

Coapt, Brighton

01273 645797

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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