Coapt
159-161 Lewes Road
Brighton
East Sussex
BN2 3LF
01273 645797
Birdham Road, Brighton£450,000
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Photo 13- click for photo galleryKitchen- click for photo galleryLiving Room- click for photo galleryPhoto 10- click for photo galleryBedroom 3- click for photo galleryBedroom 1- click for photo galleryBedroom 2- click for photo galleryBedroom 4- click for photo galleryBedroom 5- click for photo galleryPhoto 9- click for photo galleryShower Room- click for photo galleryPhoto 11- click for photo galleryPhoto 12- click for photo galleryPhoto 14- click for photo gallery
Sold STCCoapt - 01273 64579700002153
Perfectly situated between Brighton and Sussex Universities, this expansive five bedroom HMO has been a consistently strong performer in the rental market, and represents a safe and lucrative investment opportunity.

Holding a full National HMO license, and right of use as a C4 Dwelling (small HMO), the property is currently let on a fixed term AST until August 31st 2024. In addition to this, a subsequent tenancy for the 2024-25 academic year has already been agreed. The property is set to return a gross rental of £2,968 pcm / £35,616 PA, providing a substantial 8% gross yield PA. Consistent future rental growth, year on year, is forecasted in line with the strengthening market and shortage of private sector student housing.

The property is nicely offset from the road, meaning the property is exceptionally quiet and peaceful. As well as its close proximity to the universities, this has often meant interest from more mature student tenants. Entering the house, there is a useful entrance hall, as well as a side gate for access directly to the garden, allowing for storage of bikes without damage to the house itself. Also on the ground floor is an expansive living room and kitchen, with ample space for all occupiers, as well as a separate WC. The first two double bedrooms are also on the ground floor.


To the rear of the property is a large, low maintenance garden, tree lined on one side.

In all in this expansive property represents a sound and low hassle investment, which is also future proofed. The property already returns an above average yield, which is set to grow further. Owing to the provisions and design choices, the house boasts minimal upkeep costs and is future proofed with all required legislative certificates, and an EPC rating of C.
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