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5 bedroom house for sale
Elm Grove, Brighton
£525,000
Elm Grove, Brighton
£525,000
Our Summary
- Property Income - This property offers an attractive investment opportunity with a current rental income of £3,550 per month (£42,600 annually) and a sale price of £550,000, delivering a solid 7
- With the potential for rental increases, next year’s projected rent is £3,650 per month (£43,800 annually), raising the yield to an impressive 7
Description
This spacious five-bedroom HMO in Brighton's Elm Grove is a perfect blend of comfort and convenience, ideal for students or professionals. The property features five generously sized bedrooms, two modern tiled shower rooms, and a well-equipped kitchen with ample space for cooking and meal prep. The outdoor patio garden offers a peaceful retreat, while the property's location in the vibrant Elm Grove neighbourhood provides easy access to local amenities, parks, and transport links. The property currently generates £3,550 per month (£42,600/year) with an 8.11% yield, making it an attractive investment opportunity. With the potential for rental increases, the projected rent for next year is £3,650 per month (£43,800 annually), raising the yield to an impressive 7.9%. The area is popular with students and professionals alike, offering a comfortable and convenient living experience in Brighton.