Ashburnham Drive, Brighton, East... 6 bed semi

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Ashburnham Drive, Brighton, East... 6 bed semi

Ashburnham Drive, Brighton, East Sussex BN1
£500,000

Our Summary

  • H/M/O investment opportunity

Description

This 6-bedroom, 2-bathroom licensed HMO in Coldean, Brighton, is an investment opportunity that delivers a gross yearly rent of £45,240 and a 9% gross yield return. The property has been consistently let to students and has a big sunny garden. With a new kitchen, all furniture and fittings included, and minimal set-up costs, it's a great option for an investor. The property is located near Sussex University and Brighton University, with regular bus routes to Brighton, Falmer, and Lewes. The current ASTs run until July 2026, and the agent can offer a management service to help with finding tenants, organizing rental agreements, and any maintenance issues. The property has a practical layout, with a spacious living room, kitchen, and garden, and is designed for ease of maintenance. It's a great opportunity for an investor looking for a low-maintenance, high-yielding property in a popular student area.