Let agreed to summer 2026: £2,800 pcm (£33,600 pa)
A ready-made HMO investment in a popular student neighbourhood, this four-bedroom end-of-terrace on Carlyle Avenue is let through to summer 2026, producing £2,800 pcm (£33,600 pa) and offering a first-year gross yield of 8.8% at the asking price of £380,000. The property benefits from an existing HMO use (C4) with the right of continued use under Brighton’s Article 4 directive, reducing planning uncertainty for operators.
Accommodation is straightforward and practical: a large open-plan lounge/kitchen to the rear with garden access, one double on the ground floor and three upstairs, plus a single bathroom. The long garden and side gate offer scope for extensions, loft conversion or even a separate dwelling (all subject to planning consent), which could materially increase rental income and capital value.
Running basics are in place — mains gas heating, double glazing and freehold tenure — but there are trade-offs to note. EPC rating D and assumed uninsulated cavity walls suggest energy and fabric upgrades may be needed. The property has a single shared bathroom and will suit landlords targeting sharers rather than premium en-suite student lets. Planning opportunities exist but require consent (STPC).
Overall this is a secure, cash-generative HMO in a low-crime, well-connected area popular with students and professionals. It will suit investors seeking an immediate income with clear scope for value-add refurbishment or extension, balanced against modest energy-efficiency and amenity limitations.
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