Islingword Road, Brighton£630,000
On MarketCoapt - 01273 64579700002224
- 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
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!
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