Chain Free

Montpelier Road, Brighton, East Sussex, BN1

Offers over £695,000
  • 6 beds
  • 3 baths
  • 1 reception
or call 01273 720 714

Key Features

  • 6 Bedroom HMO House
  • Great investment Approx 7% Yeild
  • Current Rent Of Approx £52,500Pa
  • Central Brighton Location
  • Freehold
  • Immaculate Conditon Throughout
  • Almost 1500 Square Feet
  • Potential to Convert
  • Walking Distance of the Beach
  • Excellent Local Amenities
  • 1475 Approx Sq Ft

Description

***GUIDE PRICE £695,000 - £725,000***

Welcome to a remarkable investment opportunity! This generous 6-bedroom terraced house, currently functioning as a House in Multiple Occupation (HMO), is ideally located in the lively heart of Brighton, combining convenience with character.

This impressive HMO features six double bedrooms, a spacious shared lounge, and a well-sized kitchen perfect for communal living. The property boasts two generously sized bathrooms, all in excellent condition. With an annual rental income of approximately £52,500, this property presents a fantastic investment for landlords. Additionally, it offers an exciting chance for anyone interested in converting it back into a traditional family home.

Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.

Sales Disclaimer - These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the property before deciding to proceed with a purchase.
Council Tax Band: F.

Calculate stamp duty online
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Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Chain Free

Montpelier Road, Brighton, East Sussex, BN1

Offers over £695,000
  • 6 beds
  • 3 baths
  • 1 reception
or call 01273 720 714

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