FOR SALE BY ONLINE AUCTION - A fully tenant six bedroom, five bathroom HMO let to working professionals producing £52,116 per annum

Description
Freehold mid-terrace house
6 bedroom, 5 bathroom fully tenanted HMO
Communal kitchen with breakfast bar and reception room
Fully refurbished to a high standard throughout, including installation of a megaflo system and new boiler
Landlord controlled Inspire heating controls have been installed and high quality Environvent fans throughout
Benefits from a rear garden, with a shed for bike storage
Private parking at the front of the property and ample on street parking
Impressive gross yield of 12.4% on guide
Fully managed HMO in a prime location
Current rental income of £4,343 per month / £52,116 per annum

Location
Situated on the well-connected Southview Close in Southwick, forming part of Brighton, the property benefits from convenient access via the A27 and A23. Providing direct routes to Hove, Shoreham-by-Sea and Brighton city centre. The area is regarded as a safe and desirable residential location and has demonstrated strong and consistent rental demand. Set within close proximity to Southwick Green and Southwick Square, it is near a range of local amenities including shops, cafs, schools and parks, with Holmbush Shopping Centre also less than a mile away. The presence of well-regarded schools, community facilities and nearby employment hubs further enhances its appeal to tenants.

There are regular bus services to Brighton, Hove and Shoreham with a bus stop conveniently located to the rear of the property. By car, Hove and Shoreham can be reached in 10 minutes and Brighton in 20 minutes.

Transport links are provided by Southwick Rail Station.

HMO Compliance
- HMO Licence
- EICR
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Gas Safety Certificate

Copies of these documents can be found within the legal pack