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4 bedroom house for sale
Mafeking Road, Brighton BN2
£450,000
Mafeking Road, Brighton BN2
£450,000
Our Summary
- This property offers an attractive investment opportunity with a current rental income of £2,721 per month (£32,652 annually) and a sale price of £475,000, delivering a solid 6
- With the potential for rental increases, next year’s projected rent is £2,816 per month (£32,792 annually), raising the yield to 6
Description
This well-presented four-bedroom HMO in Brighton is an ideal investment property, currently generating £2,721 per month with a 6.8% yield. The property is located just off Lewes Road, offering comfort and convenience for students and professionals, with four generously sized bedrooms, a modern kitchen, and a charming patio garden. The property is close to local amenities, parks, and transport links, with easy access to Brighton's city centre and universities. With a strong return on investment, a prime location, high demand, and a 17-year track record of continuous occupancy, this property presents an ideal addition to any investor's portfolio. The current projected rent for next year is £2,816 per month, raising the yield to 6.9%, making it an attractive investment opportunity.