5 Bed HMO, Brighton, BN1 4NT, £525,000

Warleigh Road, Brighton, BN1 4NT - 7 views - 5 months ago

Sold STC
HMO
Cash
~178 m²
+3 photos

ValuationFair Value

Sold Prices£355K - £1.6M
Sold Prices/m²£2K/m² - £8.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.9K/m²

Value Estimate

£530,250

 

 

End Value (After Refurb)

£991,950

Uplift in Value

+89%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£84,732

Bridging Loan Interest

£13,781

Total Cash In

£262,214

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£991,950

Agent Fees (1%)

£9,919

Bridging Loan

£393,750

Bridging Loan Interest

£13,781

Flip Profit

£326,067

Local Sold Prices

50 sold prices from £355K to £1.6M, average is £896.5K. £2K/m² to £8.5K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£822.5K09/230.08 mi65, Vere Road, Brighton, Brighton And Hove BN1 4NQ5
£1.2M01/210.23 mi45, Park Crescent, Brighton, Brighton And Hove BN2 3HB5
£1.0M02/210.3 mi27, Florence Road, Brighton, Brighton And Hove BN1 6DL5
£985K02/210.31 mi9, Wellington Road, Brighton, Brighton And Hove BN2 3AB5
£541.5K03/230.47 mi25, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA5
£1.2M03/210.47 mi11, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HA5
£755K08/210.48 mi39, Hamilton Road, Brighton, Brighton And Hove BN1 5DL5
£970K07/210.48 mi28, Clifton Street, Brighton, Brighton And Hove BN1 3PH5
£510K06/210.48 mi1, Islingword Street, Brighton, Brighton And Hove BN2 9UR5
£725K08/210.48 mi23, Tidy Street, Brighton, Brighton And Hove BN1 4EL5
£1.1M09/210.5 mi72, Old Shoreham Road, Brighton, Brighton And Hove BN1 5DD5
£1.3M06/210.51 mi20, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HD5
£1.6M08/230.51 mi24, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HD5
£910K02/210.51 mi6, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HD5
£1.2M03/230.54 mi114, Stanford Avenue, Brighton, Brighton And Hove BN1 6FE5
£975K04/210.54 mi86, Stanford Avenue, Brighton, Brighton And Hove BN1 6FE5
£625K04/210.56 mi39, Bonchurch Road, Brighton, Brighton And Hove BN2 3PJ5
£950K11/200.58 mi83, Stanford Avenue, Brighton, Brighton And Hove BN1 6FA5
£480K10/230.58 mi14, Whippingham Road, Brighton, Brighton And Hove BN2 3PG5
£883K03/210.58 mi14, Lancaster Road, Brighton, Brighton And Hove BN1 5DG5
£875K03/210.62 mi149, Queens Park Road, Brighton, Brighton And Hove BN2 0GH5
£355K12/200.65 mi6, Baxter Street, Brighton, Brighton And Hove BN2 9XP5
£830K12/200.67 mi23, Chatsworth Road, Brighton, Brighton And Hove BN1 5DB5
£680K07/230.67 mi6, Hollingbury Terrace, Brighton, Brighton And Hove BN1 7JE5
£625K08/230.68 mi37, St Nicholas Road, Brighton, Brighton And Hove BN1 3LP5
£995K05/210.68 mi112, Beaconsfield Villas, Brighton, Brighton And Hove BN1 6HE5
£1.2M11/200.69 mi9, Clifton Road, Brighton, Brighton And Hove BN1 3HP5
£795K01/210.72 mi20, Addison Road, Hove, Brighton And Hove BN3 1TP5
£549K01/210.73 mi32, Down Terrace, Brighton, Brighton And Hove BN2 9ZH5
£1.1M01/210.74 mi20, Granville Road, Hove, Brighton And Hove BN3 1TG5
£903K06/230.77 mi3, Chanctonbury Road, Hove, Brighton And Hove BN3 6EL5
£986.5K09/210.81 mi2, Balfour Road, Brighton, East Sussex BN1 6NA5
£940K07/230.81 mi28, Highcroft Villas, Brighton, Brighton And Hove BN1 5PS5
£825K03/210.82 mi31, Highdown Road, Hove, Brighton And Hove BN3 6EB5
£918K03/210.82 mi67, Addison Road, Hove, Brighton And Hove BN3 1TS5
£915K04/230.82 mi115, Addison Road, Hove, Brighton And Hove BN3 1TS5
£1.3M03/230.83 mi12, East Drive, Brighton, Brighton And Hove BN2 0BQ5
£1.4M01/210.83 mi3, East Drive, Brighton, Brighton And Hove BN2 0BQ5
£749K04/230.85 mi226, Freshfield Road, Brighton, Brighton And Hove BN2 9YD5
£800K11/200.85 mi5, Colbourne Road, Hove, Brighton And Hove BN3 1TA5
£890K10/210.85 mi15, Colbourne Road, Hove, East Sussex BN3 1TA5
£928K01/210.86 mi5, Montpelier Street, Brighton, Brighton And Hove BN1 3DJ5
£1.4M11/210.87 mi21, York Avenue, Hove, Brighton And Hove BN3 1PJ5
£518K04/210.87 mi86, Stanmer Villas, Brighton, Brighton And Hove BN1 7HN5
£670K02/240.87 mi140, Edward Street, Brighton, Brighton And Hove BN2 0JL5
£775K08/210.91 mi30, Bates Road, Brighton, Brighton And Hove BN1 6PG5
£725K03/210.91 mi62, Bates Road, Brighton, Brighton And Hove BN1 6PG5
£650K12/200.91 mi24, Hampton Place, Brighton, Brighton And Hove BN1 3DD5
£1.1M11/210.92 mi15, St James's Avenue, Brighton, East Sussex BN2 1QD5
£730K01/210.95 mi13, Glendale Road, Hove, Brighton And Hove BN3 6ES5

Local Area Statistics

Population in BN1

84,021

Population in Brighton

208,224

Town centre distance

1.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £525,000

November 19, 2024

Sold for £225,000

2009

Sold for £181,000

2003

Floor Plans

Description

  • Investment Opportunity +
  • 5 Bedroom HMO +
  • Right of Use as a C4 Dwelling (HMO) +
  • Let agreed until July 2025 +
  • Subsequent Tenancy for 2025-26 Currently Advertised +
  • £42,900 gross rental PA +
  • £44,724 gross rental PA forecast for 2025-26 +
  • 8.2% - 8.5% Gross Yield +
  • EPC: C +
  • Council Tax Band: C (Student Exemptions Apply) +

With an exceptional rental yield and strong long-term capital growth potential, this property stands out as a premier investment opportunity in Brighton's thriving property market.

Currently delivering an 8.2% yield (with a projected 8.5% yield in year two), this 5 bedroom HMO benefits from a secure tenancy in place until July 2025, ensuring consistent and immediate cash flow. With increasing demand for student rentals, this property also promises significant capital appreciation over time, in line with overall market growth.

Immaculately maintained, the home requires minimal upfront investment. Its five spacious bedrooms, two modern bathrooms and communal living area are perfectly tailored to student living, though the house can expected to perform well to a range of tenant types, making the property a reliable and low-risk investment.

Located in the highly sought after area around London Road Station, the excellent access to transport links and local amenities make this home a prime choice for renters.Take advantage of the growing student rental market - contact our expert team now for more information and to book a viewing.

Agent Details

Coapt, Brighton

01273 645797

Next Steps?

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