Medmerry Hill, Brighton
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
5
- BATHROOMS
2
- 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.
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Key features
- Investment Opportunity
- Freehold
- 5 Bedroom HMO
- Option to add 6th bedroom with no extention
- Let agreed until Summer 2027
- £34,060 PA gross rental (2025-26)
- £39,000 PA gross rental (2026-27)
- 8.7% Gross Yield PA
- EPC: C
- Asking: £450,000
Description
Residing in a popular student area, the house has consistently let to sharers year on year, and at consistently improved rents, in-line with market growth. The property has been well looked after over time by the vendor, with modern fixtures and fittings ensuring low hassle management for a new owner, and lovely living conditions for tenants.
As evidence of the properties excellent status and performance in the rental market, as well as a current tenancy in place for the present academic year, the property already has a subsequent let agreed for the 2026-27 academic year, meaning 22 months of guaranteed income (at time of writing). The present tenancy returns a monthly rental of £2,838 rising to £3,250 for the second let agreed.
As well as offering immediate and definitive security on investment, the site holds options for future development if desired, to increase both rental and capital value for future years. The property has previously held a license for 6 occupiers, and with the reinstatement of a single stud wall on the ground floor, the property holds potential, subject to licensing, to let to 6 sharers once again.
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
Medmerry Hill, Brighton
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Visit our security centre to find out moreDisclaimer - Property reference 12057874. 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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