**Standout Features:**
- 7-bedroom Licensed HMO with strong rental history
- Current student tenancy in place with follow-on agreement for the 2025-26 academic year
- Impressive £54,600 PA income potential, yielding 8.9%
- Situated in the desirable BN2 3ER postcode, a vibrant cosmopolitan area
- EPC rating of C, protecting against upcoming minimum energy rating laws
- Freehold tenure, ensuring long-term ownership stability
- Small front garden and period Victorian character
**Summary:**
This Victorian terraced house presents a lucrative investment opportunity in a sought-after area renowned for its strong student demand. Currently operating as a licensed HMO, it boasts a confirmed tenant agreement that guarantees rental income right through the summer of 2026, with an impressive £4,550.50 monthly rental securing a remarkable 8.9% gross yield in the first year.
Positioned off Elm Grove in a cosmopolitan neighbourhood, the property blends high ceilings and character with contemporary student lifestyle needs. An EPC rating of C provides peace of mind regarding energy efficiency, safeguarding against future regulations while also enhancing marketability to a range of potential buyers, including owner-occupiers.
Though the property shows no major structural issues and maintains a neat presentation, the absence of insulation may require future consideration. This investment not only promises solid returns but also offers flexibility to adapt or expand, making it a perfect choice for discerning investors. Don’t miss out on this high-yield asset ready for ongoing returns in an affluent and vibrant locale.