GUIDE PRICE: £250,000--£300,000.
SPACIOUS FIVE BEDROOM H./M/O/MAISONETTE CLOSE TO PRESTON CIRCUS.
CONSISTENTLY LET TO STUDENTS.
GROSS YEARLY RENT OF £40,296.
15% GROSS YIELD RETURN.
INTERNAL VIEWINGS AVAILABLE ON REQUEST.
Situated in the ever-popular Preston Circus area of Brighton, this substantial five-bedroom HMO maisonette represents an outstanding investment opportunity with a proven history of consistent student occupancy and a strong annual return.
SPACIOUS FIVE BEDROOM H./M/O/MAISONETTE CLOSE TO PRESTON CIRCUS.
CONSISTENTLY LET TO STUDENTS.
GROSS YEARLY RENT OF £40,296.
15% GROSS YIELD RETURN.
INTERNAL VIEWINGS AVAILABLE ON REQUEST.
Situated in the ever-popular Preston Circus area of Brighton, this substantial five-bedroom HMO maisonette represents an outstanding investment opportunity with a proven history of consistent student occupancy and a strong annual return.
Perfectly positioned within easy reach of Brighton Station, the city centre, local universities, and the vibrant cafés, shops and nightlife the area is known for, the property is ideally suited to the student rental market and continues to attract strong demand year after year.
The property benefits from its own private entrance located to the rear, known as 29 Elder Place, providing separate and independent access from the main road and enhancing both privacy and practicality for occupants. Arranged over two spacious floors and extending to approximately 1,286 sq ft, the accommodation is both generous and well-presented throughout, comprising five well-proportioned bedrooms, a bright communal reception room, fitted kitchen, bathroom and separate shower facilities, creating a practical and comfortable environment for student sharers. The layout offers an excellent balance of private bedroom space and communal living, making it highly appealing to tenants seeking convenient city living close to everything Brighton has to offer.
Currently achieving a gross annual rental income of £40,296 and offering an impressive 15% gross yield return, this is a rare opportunity to acquire a high-performing investment property in one of Brighton’s most established and sought-after student locations.
ADDITIONAL INFORMATION
Materials used in construction: ASK AGENT
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online
Should a purchaser have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations. This is a legal requirement and is carried out via a specialist third-party provider. The cost is £60 inc. VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to
Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The property benefits from its own private entrance located to the rear, known as 29 Elder Place, providing separate and independent access from the main road and enhancing both privacy and practicality for occupants. Arranged over two spacious floors and extending to approximately 1,286 sq ft, the accommodation is both generous and well-presented throughout, comprising five well-proportioned bedrooms, a bright communal reception room, fitted kitchen, bathroom and separate shower facilities, creating a practical and comfortable environment for student sharers. The layout offers an excellent balance of private bedroom space and communal living, making it highly appealing to tenants seeking convenient city living close to everything Brighton has to offer.
Currently achieving a gross annual rental income of £40,296 and offering an impressive 15% gross yield return, this is a rare opportunity to acquire a high-performing investment property in one of Brighton’s most established and sought-after student locations.
ADDITIONAL INFORMATION
Materials used in construction: ASK AGENT
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online
Should a purchaser have an offer accepted on a property marketed by us, they will be required to complete an identification check in line with Anti Money Laundering Regulations. This is a legal requirement and is carried out via a specialist third-party provider. The cost is £60 inc. VAT per purchaser, payable in advance once an offer is agreed and prior to the sales memorandum being issued. This fee is non-refundable.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to
Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
