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4 bedroom house of multiple occupation for sale
Crayford Road, Brighton BN2
£400,000
Crayford Road, Brighton BN2
£400,000
Our Summary
- Located within one of the City's most in demand student rental areas, this 4 bedroom, Freehold HMO offers a fantastic investment opportunity
Description
This 4-bedroom freehold HMO property in a highly sought-after student rental area offers a fantastic investment opportunity. The property is in excellent condition and is currently let on a fixed-term student AST, generating a lucrative £2,733 per month, or £33,276 per year, with a gross yield of over 8%. The property has a large open-plan living room/kitchen on the ground floor, and three bedrooms on the first floor, including one smaller room that appeals to a range of tenants. With potential for expansion into the loft space, adding two further bedrooms and a second bathroom, this property offers significant capital and cash flow value. The property is being sold with all furnishings included, and the buyer can expect a consistent and risk-free return on investment, with the option to add value in the future.