Freehold HMO close to universities with garden and refurbishment potential.
Six-bedroom HMO producing £28,800 pa income
A six-bedroom mid-terrace offered as an ongoing HMO investment in a student-focused stretch of Brighton. The property is freehold and currently produces a headline income of £28,800 per year, with separate kitchen and lounge, two bathrooms plus a separate WC, and direct access to a rear patio garden. Its location close to Lewes Road and nearby universities makes it straightforward to re-let to students or young professionals.
The house has practical strengths: double glazing installed post-2002, mains gas boiler and radiators, and a compact 1,116 sq ft layout that is typical for purpose-built HMOs. The rear garden and patio provide private outdoor amenity for tenants, and excellent mobile and fast broadband speeds suit modern student needs.
Buyers should note clear maintenance and improvement requirements. Scaffolding is present externally and parts of the property appear to need updating; the garden is overgrown and the cavity walls are presumed uninsulated. These items will require immediate attention and budget; the property is suitable for an investor comfortable managing refurbishment and ongoing HMO compliance.
This is a straightforward, cash-generating HMO in a cosmopolitan student neighbourhood. It will suit an investor seeking steady rental income with short-term refurbishment potential to increase rents and reduce voids. The sale excludes vacant possession — it will be sold as a running investment.
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