Islingword Road, Brighton
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- SIZE
1,399 sq ft
130 sq m
- 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
- Five Bedroom HMO
- Good sized living room
- Kitchen/diner
- Bathroom & Shower Room
- Courtyard garden
- Very rare garage/storage
- Sought after Hanover location
- Currently let at £3325pcm
Description
Islingword Road is situated in the heart of Hanover, one of Brighton's most established residential neighbourhoods and a popular location for the city's rental market.
The property is conveniently positioned for the amenities of Hanover and nearby Lewes Road, which offers an extensive selection of shops, cafés, supermarkets and regular bus services.
Brighton city centre is readily accessible, while the location also provides convenient connections towards the city's universities, making it well placed for both the student and professional rental markets.
An excellent opportunity to acquire a substantial five-bedroom HMO investment property, currently let at £3,325 per calendar month excluding bills, generating an annual rental income of £39,900 and representing a gross yield of approximately 8.4% at the £475,000 asking price.
Arranged over three levels and extending to approximately 1,280 sq ft, the property provides five bedrooms together with an unusually generous amount of communal accommodation, including a large separate living room, kitchen/diner, bathroom, shower room and an additional WC.
A further notable benefit is the garage/storage situated to the side of the property, providing valuable additional space for storage, bicycles and other practical uses. There is a small courtyard accessed from the kitchen. This could also be let out if required to provide an additional income.
Situated in the heart of Hanover, the property offers an attractive combination of established HMO use, strong existing rental income, generous accommodation and useful additional storage, making it an excellent proposition for investors.
Asking Price: £475,000
Current Income: £39,900 per annum
Gross Yield: Approx. 8.4%
VIEWING By appointment with HANOVER HOMES telephone
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Council Tax Band: A (Brighton & Hove City Council)
Tenure: Freehold
Brochures
Brochure- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- 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.
- Ask agent
Islingword Road, Brighton
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Visit our security centre to find out moreDisclaimer - Property reference RS0275. 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 Hanover Homes, 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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