4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Wild Park Close, Brighton BN2
£365,000

Our Summary

  • Finally, and again in part thanks to its location, the property has a range of potential rental demographics also

Description

This attractive four-bedroom HMO property is located off Lewes Road, making it an ideal investment for students, with a let agreed for the present academic year. The property is in high spec and has a low EPC rating of C, ensuring it's protected against upcoming legislative changes. With a rental income of £2,461 pcm, it offers a gross yield of 8% in the first year and potential for future growth. The property is well-maintained, with little ongoing maintenance expected, and holds an EPC rating of C, complying with proposed changes to minimum Energy Efficiency Standards for rental property. Its location, between Brighton University and the University of Sussex, has historically performed well in the student rental market, and it also has strong travel links. The property's flexibility to accommodate different types of tenants, including students, professionals, or residential lets, makes it a robust investment with multiple exit strategies.