£450,000
5 bed terraced house for saleBirdham Road, Brighton BN2
5 beds
2 baths
1 reception
EPC Rating: C
Just added
Furnished
Freehold
About this property
Click link to view 3D tour!
Five double bedrooms
Lovely open plan living area
Two bathrooms
Great location close to Sussex University
Large private garden with monthly gardener included!
Annual Rent: £37,968
Available now!
Potential to extend at rear stpc
EPC: C
Perfectly situated between Brighton and Sussex Universities, this expansive five bedroom HMO has been a consistently strong performer in the rental market, and represents a safe and lucrative investment opportunity. There is also great potential to extend this property stpc, more details of which can be provided on request.
Holding a full National HMO license, and right of use as a C4 Dwelling (small HMO), the property is currently let on a fixed term AST until 31st August 2026. The property is set to return a gross rental of £37,980 pa, providing a substantial 8.5% gross yield in the first year. Consistent future rental growth, year on year, is forecasted in line with the strengthening market and shortage of private sector student housing.
The property is nicely offset from the road, meaning it is exceptionally quiet and peaceful. As well as its close proximity to the universities, this has often meant interest from more mature student tenants. Entering the house, there is a useful entrance hall, as well as a side gate for access directly to the garden, allowing for storage of bikes without damage to the house itself. Also on the ground floor is an expansive living room and kitchen, with ample space for all occupiers, as well as a separate WC. The first two double bedrooms are also on the ground floor.
On the first floor are a further three double bedrooms, all larger than the market average, providing yet another string in the bow of this property for rental interest. Also unlike other HMOs in the city, this property boasts two bathrooms on the first floor, in addition to the ground floor WC. This is above the minimum amount required by licensing, both adding further attractiveness to tenants and also leading to less wear and tear.
To the rear of the property is a large, low maintenance garden, tree lined on one side.
In all in this expansive property represents a sound and low hassle investment. The property already returns an above average yield for the area, and has the potential to grow further. Owing to the provisions and design choices, the house boasts minimal upkeep costs and is future proofed with all required legislative certificates, and an EPC rating of C.
Viewing recommended, contact us today to arrange!
Holding a full National HMO license, and right of use as a C4 Dwelling (small HMO), the property is currently let on a fixed term AST until 31st August 2026. The property is set to return a gross rental of £37,980 pa, providing a substantial 8.5% gross yield in the first year. Consistent future rental growth, year on year, is forecasted in line with the strengthening market and shortage of private sector student housing.
The property is nicely offset from the road, meaning it is exceptionally quiet and peaceful. As well as its close proximity to the universities, this has often meant interest from more mature student tenants. Entering the house, there is a useful entrance hall, as well as a side gate for access directly to the garden, allowing for storage of bikes without damage to the house itself. Also on the ground floor is an expansive living room and kitchen, with ample space for all occupiers, as well as a separate WC. The first two double bedrooms are also on the ground floor.
On the first floor are a further three double bedrooms, all larger than the market average, providing yet another string in the bow of this property for rental interest. Also unlike other HMOs in the city, this property boasts two bathrooms on the first floor, in addition to the ground floor WC. This is above the minimum amount required by licensing, both adding further attractiveness to tenants and also leading to less wear and tear.
To the rear of the property is a large, low maintenance garden, tree lined on one side.
In all in this expansive property represents a sound and low hassle investment. The property already returns an above average yield for the area, and has the potential to grow further. Owing to the provisions and design choices, the house boasts minimal upkeep costs and is future proofed with all required legislative certificates, and an EPC rating of C.
Viewing recommended, contact us today to arrange!
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