5 bedroom house for sale

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5 bedroom house for sale

Elm Grove, Brighton
£525,000

Our Summary

  • Property Income - This property offers an attractive investment opportunity with a current rental income of £3,200 per month (£38,400 annually) and a sale price of £525,000, delivering a solid 7
  • With the potential for rental increases, next year’s projected rent is £3,550 per month (£42,600 annually), raising the yield to an impressive 8

Description

This spacious five-bedroom HMO in Brighton's Elm Grove is a perfect blend of comfort and convenience, ideal for students or professionals. The property features five generously sized bedrooms, two modern shower rooms, and a well-equipped kitchen with ample space for cooking and meal prep. The property also boasts a charming patio garden, offering a peaceful outdoor retreat. Located in the vibrant Elm Grove neighborhood, the property is close to local amenities, parks, and transport links, with easy access to Brighton's city center and universities. The property offers an attractive investment opportunity with a current rental income of £3,200 per month and a sale price of £525,000, delivering a solid 7.3% yield. With the potential for rental increases, the projected rent for next year is £3,550 per month, raising the yield to an impressive 8.1%. This strong return on investment, combined with the property's desirable location and high demand, makes it a smart addition to any investor's portfolio.