Baden Road, Brighton
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity
- 4 Bedroom HMO
- Continued C4 Usage
- Tenancy until Aug 2024
- Opportunity for Loft Conversion (Subject to relevant consent)
- £2,079.50 PCM / £24,954 PA Rental (2023-24)
- Forecasted £2,634 PCM / £31,612 for 2024-25
- Opportunity for Loft Conversion (Subject to relevant consent)
- 6.6% Gross yield
- Asking Price: £380,000
Description
The property benefits from all good sized rooms, and is currently tenanted with a fixed term student AST until August 2024, returning a gross rental of £2,079.50 PCM. In line with overall market growth, the forecasted rental value for the property for the 2024-25 academic year is £2,635 pcm.
Having continuously been let to sharers, the property holds Category 4 usage consent, and all satisfactory safety certificates.
In very good rental condition throughout, the property benefits from a recently fitted kitchen, and all modern décor. There may be the option, subject to planning consent, to further extend the house. A loft conversion, with or without a dormer would create space for additional rooms, and changing into a 5 or 6 bedroom national HMO.
Situated off of Coombe Road, in the ever popular student rental area, this property represents a sound and safe investment, with improved rental figures year on year forecasted in line with market growth, as well as options to add capital value.
Brochures
Full Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Baden Road, Brighton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Moulsecoomb Station0.5 miles
- London Road (Brighton) Station1.0 miles
- Brighton Station1.4 miles
About the agent
Coapt, Brighton
159-161 Lewes Road, Brighton, BN2 3LF
As Brighton-based property experts specialising in student accommodation and buy-to-let investments, we know what our landlords want. Through industry insight, portfolio management and plans for growth, we can help you to achieve your property ambitions now and for the future.
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 11902178. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Coapt, Brighton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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