Ladysmith Road, Brighton

Situated in a prime student rental location, Coapt are delighted to present this 4 bedroom, licensed HMO with high earning potential. Owing to its location and condition, this property has sucesfuly performed as a low-hassle, high-return property for a number of years and can continue to be used in such a manor. Excitingly y the property also holds potential for a simple development to add great value, if desired, subject to any necessary consents.

Located between Coombe Road and Bear Road, Ladysmith Road is amongst one of the most in-demand location for a HMO rental property. This is evidenced by the property's long history of annual rental to student occupiers, with consistent growth. The property is presently let agreed on a fixed term AST until August 2025 returning £2,635 pcm, with a renewal agreement provisionally aligned for a further full 12 month tenancy, offering guaranteed and immediate return on investment until summer 2026.

Currently benefiting from a very large living/dinning room, as well as a separate kitchen, it is proposed that the property has potential to have a 5th room added, with the simple addition of a stud-wall. This low cost development stands to add great rental and capital value to the property, offering the option to further increase return on investment and a forecasted yield of 9.1%.

Presently, the property briefly comprises of an entrance hall, proving access to the ground floor bedroom, rear kitchen, and lounge/diner which hosts double doors providing access to the rear garden with viewers down over the valley of Lewes Road. On the first floor are three large double bedrooms, as well as a recently refurbished bathroom/wet room, and separate WC.

This exciting investment suits a range of property investment strategies. With the option to acquire a secure and safe rental property with low-hassle returns and offering long term value growth, whilst also holding potential for more aggressive development to immediately add rental and capital value.