>
4 bedroom terraced house for sale
Coombe Terrace, Brighton
£380,000
Coombe Terrace, Brighton
£380,000
Our Summary
- Further to this, the property has potential, subject to obtaining relevant consent, to have a fifth room added
- Investment Opportunity
Description
This four-bedroom, furnished HMO property on Lewes Road is a prime student location, offering guaranteed long-term returns with options to add value. The property is currently tenanted for the 2024-25 academic year with a single joint AST agreement, returning £31,200 per annum, and has already secured a following tenancy for the 2025-26 academic year. With a gross yield of 7.8% against the asking price, the property has potential for further growth, with an average rental increase of 12% achieved by the agent in the last year. The property features a spacious open-plan living room, well-equipped kitchen, and four double bedrooms, each with copious storage and work space. With a full HMO license and right of use as a C4 dwelling, the property also hosts solar panels, which are owned outright.