Upper Lewes Road, Brighton, BN2

GUIDE PRICE; £500,000--£550,000.

H/M/O INVESTMENT OPPORTUNITY.

CONSISTENTLY LET TO STUDENTS.

GROSS YEARLY RENT OF £45,000.

9% GROSS YIELD RETURN.

INTERNAL VIEWINGS AVAILABLE ON REQUEST.

2 mins walk from the vibrant shops, cafés, bars and big Sainsbury’s of Lewes Road this spacious HMO property with a patio has 6 beds currently let which together bring in a total of £3750.00 per month, £45,000.00 pa – a 9% annual yield. Ideal for a professional house share or students with Brighton University buildings on Lewes Road a short walk, buses getting to the universities at Falmer in 20 mins and major employers easy to reach. There’s a sociable kitchen diner opening to the walled patio which has a side gate for bikes, and all 6 bedrooms have space for quiet study. In a great location just 10 mins on foot from the green of the Level at the foot of the famous North Laine, there’s something for everyone – including easy access to the sea and to Brighton Station’s direct trains to Gatwick and London.

Style HMO house: rental income £3750.00pm, £45,000.00pa yield 9%
Type 6 bedrooms, 2 shower rooms, kitchen dining living room
Area Roundhill
Floor Area 1536 sq.ft.
Outside Space Walled patio with side gate
Parking Permit zone J
Council Tax Band D

Why you’ll like it:
Tucked away from the tourist trail but close to the sea and fantastic array of amenities, this is a fashionable area of our coastal city in a parking permit zone which stretches from the Level to Preston Park. (You can check out the zone on Brighton & Hove’s web site.) This end of terrace Victorian house with double glazing in place has generous proportions and a sensible layout.
Two contemporary shower rooms and two double bedrooms are on the ground floor, 4 more big bright bedrooms are upstairs including a vaulted room at the top, and all have space for a workstation.

On the lower floor, the sociable living dining room has space to share. Open plan, it has ample storage, practical working surfaces and an integrated touch induction hob and oven beneath a hood.

Outside, the patio is surprisingly spacious for this location so close to the picturesque North Laine and the sea and has plenty of space for a table and chairs, and a side gate for bikes.

Agent says:
“Priced to sell, this is a spacious step on the investment ladder in an area well- connected to Brighton and Hove’s city centre (e.g. The Royal Sussex County Hospital is a 10 min drive or 20 mins by bus) as well as to the universities at Brighton and Falmer.”

Owner’s secret:
“Ideal for students or young professionals the house is close to the Lewes Road which takes you into the heart of the city – or out to the A27. All of the rooms are big and bright and the lower floor has space to share. The garden is sociable, and it is extremely useful to have Sainsbury’s on the doorstep which opens early and closes late if you work at the hospitals or commute.”

What’s around you:
Shops: Sainsbury’s & Lewes Road 2 mins on foot, North Laine 10-12 on foot
Train Station: Brighton 7 mins by cab, 15 by bus, 20 mins walk
Seafront or Park: The Level 10 mins walk, Seafront about 8 mins cycle,15 by car, 20 by bus
Closest schools:
Primary: Fairlight, St.Martin’s
Secondary: Dorothy Stringer, Varndean
Private: Brighton College, Brighton and Hove High

In a popular location with an unpretentious vibe, friendly local amenities including popular schools and within walking distance of great shopping, restaurants, and bars, this stylish house offers easy access to the Brighton lifestyle with something to fit every mood. Convenient for the art colleges and universities it is well served for parks and gardens which provide cool green spaces and host events in our famous city festivals. Close to the commercial districts and international cultural heart of the city, the whole of Brighton and Hove is easy to reach on foot, by bus, bike or by car as the A27 and A23 are just minutes away, and Brighton Station serves Falmer, Lewes, Gatwick and London.