For sale
- 7 Double Bedroom HMO
- Substantial size Kitchen/Living Room
- Large rear garden
- Annual income of £49,140
- Highly desirable Elm Grove Area
- Excellent links to the universities
- ***Guide Price £600,000 - £650,000***
***Guide Price £600,000 - £650,000***
STUDENT HOUSE!! A cracking seven double bedroom HMO, situated at the top of Elm Grove - close to Brighton General Hospital , with on street parking, walking distance for Lewes Road... Bags of Space and well designed throughout. The property currently brings in an annual income of £49,140 per annum. The location is close to the universities making this the ideal investment opportunity.
This property is a substantial-sized seven-bedroom HMO (House in Multiple Occupation) located in the highly desirable Elmgrove area. With excellent links to the university, it is an ideal investment opportunity for students or professionals looking for shared accommodation.
The property features a kitchen, lounge, and dining room, providing ample communal space for the residents. Additionally, there are three bathrooms, ensuring convenience and privacy for the occupants.
One of the standout features of this property is its large rear garden, which offers a pleasant outdoor space for relaxation or socializing. The garden's generous size provides potential for further development or landscaping.
Furthermore, this property boasts an annual income of £49,140, making it a lucrative investment opportunity for potential buyers. The high rental income is attributed to the property's seven bedrooms and its sought-after location, attracting tenants who are willing to pay a premium for quality accommodation.
Overall, this HMO property in the Elmgrove area offers significant potential for both rental income and future development. With its spacious interior, excellent links to the university, and attractive features such as a large rear garden, it presents an enticing opportunity for investors in the rental property market.
GROUND FLOOR
ENTRANCE HALL
BEDROOM SEVEN 10' x 10' 10" (3.05m x 3.3m)
BEDROOM SIX 10' x 12' 10" (3.05m x 3.91m)
SHOWER ROOM
LOUNGE/ DINER/ KITCHEN 12' 6" x 24' 7" (3.81m x 7.49m)
FIRST FLOOR
BEDROOM FIVE 9' 10" x 14' 9" (3m x 4.5m)
BEDROOM FOUR 13' 10" x 8' 10" (4.22m x 2.69m)
BEDROOM THREE 8' 8" x 11' 8" (2.64m x 3.56m)
BATHROOM
SECOND FLOOR
BEDROOM TWO 12' 2" x 11' 10" (3.71m x 3.61m)
BEDROOM ONE 21' 8" x 7' 7" (6.6m x 2.31m)
SHOWER ROOM
OUTSIDE
REAR GARDEN