This six-bedroom HMO is particularly attractive for investors targeting the student market, as it offers an ideal opportunity for student accommodation. Currently, it generates an annual income of 35,880, making it a potentially lucrative investment.The property features, large open plan/kitchen lounge, good size rear garden, six double bedrooms, two bathrooms and an additional WC, ensuring convenience and comfort for its occupants. Situated close to Lewes Road, it benefits from excellent connectivity and easy access to various amenities, including shops, restaurants, and public transportation. Additionally, its proximity to the University provides an appealing advantage for students seeking convenient accommodation options. Overall, this property offers a fantastic opportunity for investors looking to capitalize on the demand for student housing and enjoy good rental returns. GROUND FLOOR ENTRANCE HALL BEDROOM SIX 11' x 10' 6" (3.35m x 3.2m) SHOWER ROOM WC SITTING ROOM/ KITCHEN 16' 6" x 10' 10" (5.03m x 3.3m) STORE ROOM 7' 3" x 6' 6" (2.21m x 1.98m) FIRST FLOOR BEDROOM FIVE 9' 11" x 7' 8" (3.02m x 2.34m) BEDROOM FOUR 11' 3" x 6' 0" (3.43m x 1.83m) BEDROOM THREE 10' 9" x 10' 7" (3.28m x 3.23m) SHOWER ROOM SECOND FLOOR BEDROOM TWO 9' 5" x 7' 8" (2.87m x 2.34m) BEDROOM ONE 10' 11 " x 9' (3.33m x 2.74m) OUTSIDE GARDEN
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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