Terraced house for sale in Upper Lewes Road, Brighton BN2
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Property features
- Extremely spacious six bedroom HMO
- Large Open plan kitchen/lounge
- Prime location for students
- Ideal investment opportunity
- Easy access to town and Universities
- Current annual income of £36,600
- Bathroom plus additional WC
- To be sold as an ongoing investment
- Close to Lewes Road
Property description
Ideal investment opportunity! Spacious 6 bedroom HMO property in a prime location for student letting. Arranged over 4 levels with 6 double bedrooms, open plan lounge/kitchen with direct access onto a good size rear garden and bathroom plus separate 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 £36,000 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 large open plan kitchen and lounge area, creating a welcoming and communal space for the residents. The open plan layout ensures that the area feels bright, spacious, and perfect for socializing or studying. Additionally, the kitchen is fully equipped with modern appliances and ample storage space, offering convenience and functionality.
One of the standout features of this property is its rear patio garden. The garden provides a private outdoor space for the residents to relax, unwind, or even host small gatherings. It offers a tranquil environment away from the hustle and bustle of the city, allowing for a peaceful retreat.
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 six 12' 2" x 11' 9" (3.71m x 3.58m)
bedroom five 11' 11" x 10' 2" (3.63m x 3.1m)
lower ground floor
sitting room/ kitchen 23' x 15' 2" (7.01m x 4.62m)
WC
first floor
bedroom four 10' 6" x 8' 7" (3.2m x 2.62m)
bedroom three 13' 3" x 10' 10" (4.04m x 3.3m)
bathroom
second floor
bedroom two 13' 7" x 9' 7" (4.14m x 2.92m)
bedroom one 13' 9" x 12' 1" (4.19m x 3.68m)
outside
rear garden
Property info
For more information about this property, please contact
Phillips and Still, BN1 on +44 1273 083312 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Phillips and Still, and do not constitute property particulars. Please contact Phillips and Still for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.