Elm Grove, Brighton

Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: 1270 sqft

Key Features: • Six bedroom HMO • Kitchen Breakfast Room • Lounge • Popular location • Rear garden • Bathroom and Separate W.C • Potential to increase rental yield

Location: • Nearest Station: London Road (Brighton) Station • Distance to Station: 0.8187300378215097 miles

Agent Information: • Address: 73 Southover Street, BN2 9UF

Full Description: Elm Grove is a popular and well-established residential area of Brighton, particularly convenient for access into the city centre. The property is well positioned for local shops and amenities, with the independent shops, cafés and restaurants of Hanover and Lewes Road also within convenient reach.<br /><br />The location is particularly well suited to the rental market, offering access to Brighton city centre as well as the universities and other major employment and education centres around the city.<br /><br />Licensed Six-Bedroom HMO | Excellent Investment Opportunity | Separate Living Room | Popular Brighton Location<br /><br />A fantastic opportunity to acquire a substantial six-bedroom licensed HMO, situated on Elm Grove within easy reach of central Brighton.<br /><br />Arranged over multiple levels, the property offers generous and flexible accommodation and represents an attractive opportunity for investors seeking an established HMO in a popular rental location.<br /><br />Accommodation comprises an entrance hallway, six bedrooms, a well-proportioned kitchen measuring approximately 15'1" x 10'2", a separate living room measuring 12'8" x 10'4", and an additional WC.<br /><br />The retention of a separate communal living room is a particularly useful feature for an HMO, providing tenants with dedicated shared living space away from the bedrooms.<br /><br />The property is currently let to four tenants at a monthly rent of £2250 excluding bills. Historically the property has always let to six students so there is a potential to increase the rent.<br /><br />VIEWING By appointment with HANOVER HOMES telephone <br /><br />Consumer Protection from Unfair Trading Regulations 2008.<br />The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.<br /><br />Council Tax Band: C (Brighton & Hove City Council)<br />Tenure: Freehold