Guide Price £550,000 - £575,000 Ideal investment opportunity! Spacious 5 bedroom HMO property in a prime location for student letting. Arranged over 3 levels with 6 double bedrooms, separate lounge/kitchen, two shower rooms and additional WC. Great position for student letting close to the city centre and Lewes Road. Frequent buses to both Universities and convenient for local amenities. To be sold as an ongoing investment with a current annual income of £37,800 per annum.

This six-bedroom house is an extremely spacious and well-designed HMO (House in Multiple Occupation), making it an ideal investment opportunity. Located in a prime location for students, it is conveniently close to numerous local amenities.

The house boasts a separate lounge area, creating a welcoming and communal space for the residents. The kitchen is fully equipped with modern appliances and ample storage space, offering convenience and functionality.

In terms of its investment potential, the house currently generates an income of £36,000 per year. This is a significant return on investment, making it an attractive option for investors looking to capitalize on the student housing market. With six bedrooms, the property has the capacity to accommodate a large number of students, maximizing its rental income potential.

Furthermore, the house's location offers easy access to both the town center and universities. This is particularly advantageous for students, as it reduces commuting time and provides convenience. Proximity to the universities also increases the demand for housing in the area, ensuring a steady stream of potential tenants.


GROUND FLOOR

ENTRANCE HALL

BEDROOM FIVE 12' 11" x 10' (3.94m x 3.05m)

BEDROOM FOUR 12' 2" x 9' 7" (3.71m x 2.92m)

KITCHEN 8' 10" x 8' 6" (2.69m x 2.59m)

WC

LOWER GROUND FLOOR

SITTING ROOM 13' 6" x 11' 5" (4.11m x 3.48m)

BEDROOM SIX 11' 8" x 8' 8" (3.56m x 2.64m)

SHOWER ROOM

FIRST FLOOR

BEDROOM THREE 10' 4" x 9' 2" (3.15m x 2.79m)

BEDROOM TWO 12' 6" x 9' 11" (3.81m x 3.02m)

SHOWER ROOM

BEDROOM ONE 16' 4" x 8' 2" (4.98m x 2.49m)