Wild Park Close, BrightonOffers in the Region Of £400,000
On MarketCoapt - 01273 64579700002322
- Investment Opportunity
- Freehold
- 4 Bedroom HMO
- Tenanted until Sept 2025
- £27,864 PA gross rental
- 7% gross yield in first year
- 5-10% pa rental growth froecast
- EPC: C
- Council Tax Band: C
- OITRO: £400,000
Overlooking Lewes Road, this wonderful 4 bedroom property has long operated as a secure and lucrative investment property, specifically tailored to the student rental market.
Located within walking distance to both Brighton and Sussex Universities the property has long been a top performer in the rental market. This allows for operation as a stress free investment with assured returns, and on-going growth year on year.
The property is presently tenanted with a fixed term AST until September 2025, returning a gross rental of £2,322 pcm / £27,864 pa. This equates to a minimum of a 7% yield in the first year. The house is forecast for rental growth between 5-10% pa.
For investors looking to maximise cash flow, the property holds opportunities to improve specification to further increase yield.
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