Property for sale in Islingword Road, Brighton BN2
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Property features
- 6 Bedroom HMO
- Rental Return of: £53,040 pa
- Rental Return of: £4,420 pcm
- 8.4% Gross Yield pa
- Highly Sought after Student Rental
- High Spec
- Low Mainteance Investment
- Future Rental Growth Anticipated
- Council Tax Band: C
- EPC: D
Property description
Located in the colourful streets of Hanover, this beautiful high spec HMO is one of the flagship and benchmark properties for private market student accommodation.
Recently refurbished to a high standard, and owing to its prime and highly sought after location, the property is a consistent top performer in the rental market, both in speed and ease of let, and price achieved.
The property is targeting a 2024-25 acadmic year let at £53,040, producing a sizable 8.4% gross return in the first year. Coapt have experienced an average annual increase in student rental values of 12%, with similar growth anticipated for future years.
This investment really has it all. As well as being one of the single most popular rental locations in the city, there is also huge demand for residential purchase. This ensures an array of exit strategy options, and healthy capital value increases for passive income as well as the expected growth in rental value year on year.
The property is high returning, low hassle and maintenance, and forecast for capital and renal growth!
Property info
For more information about this property, please contact
Coapt, BN2 on +44 1273 083242 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Coapt, and do not constitute property particulars. Please contact Coapt 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.