Baden Road, Brighton

The Details

EPC Floorplans Fees apply: Our fees Property ref: 11383563

• Prime Letting Area
• 6 Bedrooms
• 2 Shower Rooms
• Large Garden
• Guide Price £550,000 - £575,000
• Annual Rental Income £39,624

Baden Road was acquired by the present landlords in 2012 and after full refurbishment, with new bathroom and fitted bedrooms, it proved an immediate success with student groups, for which it has operated as an annual let for more than 10 years, acquiring its licence in 2013. This is a popular house with larger groups, which has never failed to let - including throughout the pandemic - and after a brief changeover void in summer 2022, it already has a referenced and guaranteed student group contracted for the academic year 2022-23 at £39,624 PA
It has the flexibility to offer an additional lounge and can then be let to five sharers for a higher pppw rent if preferred. The property also includes useful stores used by the present landlords for paint, furniture, and items required in routine properties maintenance.
The house is just 20 minutes walking distance to both the University of Brighton Moulsecoomb campus. There is a bus stop with real time services electronically signed just 50 metres away from the house. Lewes Road buses to University of Brighton and Sussex University’s Falmer campuses, together with shops and services at the Gyratory, are close, in an area popular with students.
Such houses are in short supply: no new licences are being granted in the Lewes Road area, without planning permission. This brick-built Edwardian property was fully renovated by the present landlords on acquisition, with a new bathroom, a new boiler, considerable rewiring throughout and a new consumer unit, a refurbished kitchen, etc and has been well-maintained since. New stair carpets were fitted last summer.
As well as meeting all statutory requirements such as smoke alarms and fire doors, a number of further improvements have been made to suit student groups: stained and varnished floors throughout, built-in workstation in the dining area next to the kitchen. In 2016 an architect-designed loft conversion added a two more bedrooms and a second bathroom, with further upgrades to all rooms, such as vanity units.
The property presently offers its tenants: GFCH (Vokera Ecotec certificated annually), 2 fridge freezers, separate laundry with tumble drier (just renewed), and washing machine; a kitchen with electric oven, gas hob, dishwasher (just replaced) etc; two modern bathrooms with showers. Tenants are offered an optional inclusive package by the present managing agents, but broadband is tenants’ own responsibility. All 6 bedrooms are fully furnished with double beds, and fitted desk, shelves and clothes storage. The majority also have custom-made vanity units with basins.