5 Bed HMO, Brighton, BN2 4JD £320,000

• Sale by Modern Auction (T&Cs apply) +
• Subject to an undisclosed Reserve Price +
• Buyers fees apply +
• SPACIOUS SEMI-DETACHED HOUSE +
• INVESTMENT POTENTIAL +
• LARGE REAR GARDEN +
• SOUGHT-AFTER BEVENDEAN LOCATION +
• 4/5 BEDROOMS +

SUMMARY
This spacious four-bedroom semi-detached home in one of Brighton's most sought-after areas features front and rear gardens, alongside many local amenities. There's excellent potential for families and investors, with no onward chain and an existing HMO license generating an annual income of £47,000.

DESCRIPTION
Nestled in one of Brighton's most sought-after residential areas, this generously sized four-bedroom semi-detached home on Auckland Drive presents an exceptional opportunity for families, discerning buyers, and investors alike.

With no onward chain, the property is ready for you to make it your own. Currently holding an existing HMO license, it offers an attractive investment prospect, generating an impressive annual gross income of £47,000 - an excellent opportunity for those seeking high rental yields.

Inside, the home offers spacious and well-proportioned accommodation, including four bright bedrooms, a welcoming living room, and a functional kitchen that holds great potential for modernisation. The generous front and rear gardens provide ample space for outdoor entertaining, gardening, or simply enjoying the sunshine in a peaceful setting.

Located in a quiet, family-friendly neighbourhood, the property is close to well-regarded schools, local amenities, and excellent transport links, ensuring easy access to Brighton city centre and beyond. For investors, HMOs remain one of the most profitable property ventures, delivering significantly higher returns compared to standard buy-to-let properties.

Whether you're looking for a forever family home or a ready-made investment opportunity, this property offers exceptional potential. Contact us today for further details or to arrange a viewing.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

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.