This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- £45,000 Annual Income!
- 7.3% Gross yield!
- Six Bedroom HMO
- Close Proximity to Hove Station
- Chain Free
- Ongoing Investment or Vacant Possession
Welcome to this fantastic investment opportunity located in Hove. This six-bedroom property offers an impressive investment potential with its spacious layout, large rear garden, and prime location. Currently generating an annual income of £45,000, this property presents an attractive investment opportunity with a substantial gross yield of 7.5%.
The accommodation spans across four floors, providing ample space for tenants and ensuring a comfortable living environment. The ground floor features a welcoming entrance hall leading downstairs to a bright and spacious kitchen diner and reception area.
Moving to the upper floors, you will find six well-proportioned bedrooms, each offering a tranquil retreat for tenants. The property also includes multiple bathrooms, ensuring convenience for all occupants. One of the standout features of this property is its expansive rear garden.
The property ensures compliance with all necessary licensing, fire safety, and electrical upgrade regulations. This makes it an even more attractive investment for discerning buyers.
Situated in a central location, this property offers excellent connectivity to various amenities and attractions in Hove. Residents can easily access local shops, restaurants, cafes, and leisure facilities. Additionally, the property benefits from close proximity to transport links, making it ideal for commuters and those wishing to explore the surrounding areas. The property is open to substantial capital growth being so central.
With its impressive annual income and high gross yield, this six-bedroom investment property represents a fantastic opportunity for astute investors. Whether you are looking to expand your property portfolio or start your investment journey, this property offers the potential for strong returns and long-term growth.
Council Tax Band C
Hove Station 0.2 miles
Places of interest
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Property reference BRI230424. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Mishon Mackay - Seven Dials.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 22, 2019 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.