Property details

  • Licenced HMO
  • Fully let
  • Superb Central Location
  • Yielding 6.5%
  • Excellent condition throughout
  • EPC D
Licenced HMO FOR SALE BY PUBLIC AUCTION ON 29th September 2021.

The property is fully let on an Assured Shorthold Tenancy Agreement expiring on 2nd September 2022 producing an annual income of £32,496 offering a yield of 6.5%.

There are 5 letting rooms with an additional lounge perhaps offering scope for further uplift of the rent, bathroom, separate wc and fitted kitchen.

Considered to be in excellent condition, the property is situated in tis highly popular location close to Preston Circus as well as access to Brighton City Centre with is range of bars, restaurants, boutiques and shops which in turn lead to the seafront. Preston Park is close by as are mainline railway stations offering direct links to London.

The property is considered to provide for an exceptional investment offering an excellent yield.

D

Property location

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Lextons Estate Agents