Norwich Drive, Brighton

The Details

EPC Fees apply: Our fees Property ref: 10795838

• 4 Bedroom HMO Freehold
• Category 4 planning permission in place
• All double bedrooms
• Two bathrooms, one newly fitted
• Rear patio garden
• Currently let until September 2021
• Presently being marketed for 2021-22 student AST
• £25,380 Gross yearly rental income
• 7% yield

4 Bedroom HMO, Investment opportunity

Situated in Bevendean, the nearest bus stop is only minutes away, with a speedy 10 minute journey to the Moulsecoombe University campus or 25 minutes to Sussex University. The property is bright and airy, with superb presentation, offering two modern bathrooms and wooden flooring downstairs. This makes the house perfect for rental to student tenants, or as a family home.

The door to the house opens into an entrance hallway providing access to the front large double bedroom and open plan kitchen living area. The front bedroom consists of large double glazed windows and furnished with a double bed, wardrobe and desk. Following on from this is a large fully fitted kitchen dining area, equipped with an ice dispensing fridge freezer, washer tumble dryer, dishwasher and a gas hob oven. The kitchen overlooks a lovely rear garden with patio area. Walking out of the kitchen brings you to the first bathroom, which has a modern fitted shower, wash basin and WC. On the first floor are a three more large double bedrooms, as well as a second bathroom with a bath, overhead shower, wash basin and WC. Further benefits include gas central heating, double glazing and a full alarm system.

Currently let on an AST contract to four students until September 2021, the property earns £25,380 gross rental per annum, which gives a yield of 7%.