8 bed property

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8 bed property

Auckland Drive, Brighton BN2
£725,000

Our Summary

  • Coapt are delighted to present this exceptionally lucrative investment opportunity
  • Investment Opportunity

Description

Coapt presents a lucrative investment opportunity in the form of an 8-bedroom HMO, recently refurbished to a high standard, and let agreed until August 2026. The property, situated on Auckland Drive, boasts a private driveway and is well-separated from other dwellings, making it an attractive option for a variety of tenants. With a current rental income of £65,315, the property returns a yield in excess of 9% per annum, offering secure long-term returns and flexibility in strategy options. The property holds a full National HMO license and a certificate of lawfulness, confirming its right to operate as a large HMO, and features eight attractive bedrooms, each with an en-suite bathroom, as well as spacious communal areas on the ground floor.