Staplefield Drive

£400,000 Guide Price

Property Features

  • Investment Opportunity
  • 5 Bedroom
  • HMO
  • Close to Universitys

Property Summary

Ideally located between Brighton and Sussex Universities, this spacious five-bedroom HMO is a proven powerhouse in the rental market, offering a solid and profitable investment opportunity.

Full Details

Ideally located between Brighton and Sussex Universities, this spacious five-bedroom HMO is a proven powerhouse in the rental market, offering a solid and profitable investment opportunity.This property holds a complete HMO license and is currently vacant. The home is projected to generate a gross rental income of £3000 per month, or £36000 annually, translating to an impressive gross yield of 9% per annum. Expectations are set for steady rental increases annually, in response to a growing market and the ongoing scarcity of private student accommodations.The property offers a serene setting, ensuring a quiet and tranquil living environment. Its proximity to the universities not only enhances its appeal but opens out potential tenants to not just undergraduates but mature students too. Down the side of the property there is a side pathway that leads directly to the garden, perfect for secure bike storage without risking damage to the interior. The ground floor features a large kitchen diner and two large double bedroom. On the first floor there are three double bedrooms and alongside the WC and Bathroom.

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