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Staplefield Drive | HMO INVESTMENT OPPORTUNITY WITH VACANT POSSESSION

PROPERTY TYPE

Semi-Detached

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 5 DOUBLE BEDROOMED HMO INVESTMENT OPPORTUNITY
  • REFURBISHMENT INVESTMENT PROJECT
  • POTENTIAL FOR 9%+ YIELD AFTER REFURBISHMENT
  • POTENTIAL TO ADD ANOTHER BEDROOM & INCREASE YIELD
  • EASILY COMMUTABLE TO LOCAL UNIVERSITIES
  • 2 BATHROOMS, SEPARATE LIVING ROOM AND KITCHEN
  • SPACIOUS GARDEN LOOKING OUT TO FIELDS
  • ENERGY RATING: EPC - D

Description

Coapt are pleased to introduce this HMO (House of Multiple Occupation) property which has very good investment potential. It is need of refurbishment and when a project like this is complete, the yield is anticipated to be in excess of 9%. Furthermore, it could be adapted to add an additional bedroom, increasing the yield further.

Situated in Moulsecoomb, it is in a good position to reach both universities and has transport links to reach Brighton City Centre. There are local shops and amenities in closer proximity.

The property is semi-detached with a large area of grass at the front of the house. At the back the garden is adjacent to open fields which enhances the relatively quiet location.

On the ground floor there is a kitchen (with modern kitchen units) next to a separate dining room,which can be used for eating and socialising. On this floor, the property has two generous sized bedrooms and a shower and toilet.

On the first floor there are three further double bedrooms all of which have good views of countryside. There is a main bathroom on this floor and having two facilities in the house will improve the shared living experience to residents.

The property is currently an HMO and offers investors a reliable, attractive yield. It should see consistent long-term growth and it would be an asset to a property portfolio investor. If you are looking for a capital growth project, this one offers real potential.

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.
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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.
Yes
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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Staplefield Drive | HMO INVESTMENT OPPORTUNITY WITH VACANT POSSESSION

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About Coapt, Brighton

159-161 Lewes Road, Brighton, BN2 3LF
Industry affiliations:

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.

Your mortgage

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Years
%
Monthly repayments
£1,768
We think you can borrow up to
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Disclaimer - Property reference 12686033. 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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