Guide price
£525,000
5 bed maisonette for sale
Egremont Place, Brighton BN2Share of Freehold
5 beds
1 bath
1 reception
EPC Rating: D
Key information
Tenure
Share of freehold
Service charge
Council tax band
Commonhold details
About this property
Five bedroom HMO
Communal sitting room
Annual income of £36,492
Ideal student investment
Highly desirable Kemp Town location
Tenancy expires 22/2/2025
Share of Freehold
***Guide Price £525,000 - £550,000***
***Guide Price £525,000 - £550,000*** Five bedroom split level HMO located in the Kemp Town area of Brighton. The property has a communal sitting room, good size kitchen, separate shower room and WC. The property generates an income of £36,492 per annum making this an ideal student investment purchase. The tenants are is situ until the 22/2/2025.
This split-level five-bedroom HMO (House in Multiple Occupation) is situated in the highly sought-after Kemptown area. The property features a community sitting room, providing a space for the tenants to socialize and relax. This communal area offers a comfortable and inviting environment for the residents to interact and build connections with each other.
Additionally, the HMO boasts a separate kitchen, allowing tenants to have their own designated space for cooking and preparing meals. This ensures convenience and privacy for each tenant, making it easier for them to manage their own food and storage. In terms of bathroom facilities, the property includes a separate shower room and WC.
From an investment perspective, this property proves to be highly lucrative, generating an annual income of £36,492 per year. This substantial return on investment makes it an attractive opportunity for investors looking to capitalize on the growing demand for student accommodation. As Kemptown is a desirable area, the property's location further enhances its marketability and potential for consistent rental income.
Ground floor (stairs to living accommodation)
first floor
kitchen 10' 7" x 10' 5" (3.23m x 3.18m)
bedroom five 13' 1" x 10' 2" (3.99m x 3.1m)
sitting room 14' 4" x 10' 10" (4.37m x 3.3m)
shower room
WC
second floor
bedroom four 10' 11" x 10' (3.33m x 3.05m)
bedroom three 12' 1" x 9' 9" (3.68m x 2.97m)
bedroom two 14' x 8' 7" (4.27m x 2.62m)
bedroom one 14' 5" x 10' 2" (4.39m x 3.1m)
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More information
Listed by
Phillips and Still
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