£475,000
(£339/sq. ft)
5 bed terraced house for saleIslingword Road, Brighton BN2
5 beds
2 baths
1 reception
1,399 sq. ft
EPC Rating: E
Just added
Freehold
About this property
Five Bedroom HMO
Good sized living room
Kitchen/diner
Bathroom & Shower Room
Courtyard garden
Very rare garage/storage
Sought after Hanover location
Currently let at £3325pcm
Description
A substantial and particularly spacious five-bedroom HMO investment property occupying a sought-after position in Brighton's popular Hanover district. Accommodation is arranged over three levels and includes a large separate lounge and kitchen/diner. Rare garage/storage
Islingword Road is situated in the heart of Hanover, one of Brighton's most established residential neighbourhoods and a popular location for the city's rental market.
The property is conveniently positioned for the amenities of Hanover and nearby Lewes Road, which offers an extensive selection of shops, cafés, supermarkets and regular bus services.
Brighton city centre is readily accessible, while the location also provides convenient connections towards the city's universities, making it well placed for both the student and professional rental markets.
An excellent opportunity to acquire a substantial five-bedroom HMO investment property, currently let at £3,325 per calendar month excluding bills, generating an annual rental income of £39,900 and representing a gross yield of approximately 8.4% at the £475,000 asking price.
Arranged over three levels and extending to approximately 1,280 sq ft, the property provides five bedrooms together with an unusually generous amount of communal accommodation, including a large separate living room, kitchen/diner, bathroom, shower room and an additional WC.
A further notable benefit is the garage/storage situated to the side of the property, providing valuable additional space for storage, bicycles and other practical uses. There is a small courtyard accessed from the kitchen. This could also be let out if required to provide an additional income.
Situated in the heart of Hanover, the property offers an attractive combination of established HMO use, strong existing rental income, generous accommodation and useful additional storage, making it an excellent proposition for investors.
Asking Price: £475,000
Current Income: £39,900 per annum
Gross Yield: Approx. 8.4%
viewing By appointment with Hanover Homes telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Council Tax Band: A (Brighton & Hove City Council)
Tenure: Freehold
A substantial and particularly spacious five-bedroom HMO investment property occupying a sought-after position in Brighton's popular Hanover district. Accommodation is arranged over three levels and includes a large separate lounge and kitchen/diner. Rare garage/storage
Islingword Road is situated in the heart of Hanover, one of Brighton's most established residential neighbourhoods and a popular location for the city's rental market.
The property is conveniently positioned for the amenities of Hanover and nearby Lewes Road, which offers an extensive selection of shops, cafés, supermarkets and regular bus services.
Brighton city centre is readily accessible, while the location also provides convenient connections towards the city's universities, making it well placed for both the student and professional rental markets.
An excellent opportunity to acquire a substantial five-bedroom HMO investment property, currently let at £3,325 per calendar month excluding bills, generating an annual rental income of £39,900 and representing a gross yield of approximately 8.4% at the £475,000 asking price.
Arranged over three levels and extending to approximately 1,280 sq ft, the property provides five bedrooms together with an unusually generous amount of communal accommodation, including a large separate living room, kitchen/diner, bathroom, shower room and an additional WC.
A further notable benefit is the garage/storage situated to the side of the property, providing valuable additional space for storage, bicycles and other practical uses. There is a small courtyard accessed from the kitchen. This could also be let out if required to provide an additional income.
Situated in the heart of Hanover, the property offers an attractive combination of established HMO use, strong existing rental income, generous accommodation and useful additional storage, making it an excellent proposition for investors.
Asking Price: £475,000
Current Income: £39,900 per annum
Gross Yield: Approx. 8.4%
viewing By appointment with Hanover Homes telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Council Tax Band: A (Brighton & Hove City Council)
Tenure: Freehold
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