6 bed property for sale

Hillside, Brighton BN2

Presented to a high specification and wonderfully located in close proximity to both Universities, this attractive 6 bedroom HMO will appeal to experienced Landlords, and first time investors. There is both a current tenancy in place, and subsequent fixed term AST agreed for the coming 2025-26 academic year.

Hillside has long, and rightly so, been a highly sought after location for student rental properties. It's close proximity to Brighton's Moulscoomb Campus, as well as Bus and Train links to Sussex University and the City Centre means the area is consistently amongst the first regions in the city to let in each student rental cycle. Benefitting from this the property has consistently let, with lucrative returns to student sharers for a number of years, and is perfectly set up and configured for continued running. A full National HMO license for 6 occupiers is held, as well as retaining right of use as a C4 dwelling - the planning status required to operate a HMO. A full valid EPC, eicr and gsc are all also held.

The property is in excellent condition, ensuring low cost ownership for many years to come, with little to no investment needed in the site, post-purchase. Further to this, as well as a present tenancy in place, a let is agreed for the coming 2025-26 academic year, retuning a monthly rental of £3,932.50 pcm / £47,190 pa. This provides a huge 9.4% gross yield in the first year. As an example of the property's flexibility, this upcoming tenancy has been agreed as a joint tenancy to 5 occupiers, for which the 6th bedroom is instead provided and utilised as an additional living space and games room. This commands a premium rent, and thus is still equal to the value if let to 6 tenants. Owing the the size, layout and specification of the house, the property retains options such as this, to let in a range of manors to always ensure security of income in changing market conditions.

All furnishings, including the metal bed frames, plush sofas and wall mounted TVs are included.

As a high retuning, low risk, and low hassle property, the house presents as a very attractive investment option which promises consistent and continued capital and rental growth.