Offers in region of
£400,000
4 bed property for sale
Wild Park Close, Brighton BN2Furnished
Freehold
4 beds
1 bath
1 reception
EPC Rating: C
Key information
Tenure
Freehold
Council tax band
C
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About this property
Investment Opportunity
Freehold
4 Bedroom HMO
Tenanted until Sept 2025
£27,864 pa gross rental
7% gross yield in first year
5-10% pa rental growth froecast
EPC: C
Council Tax Band: C
Oitro: £400,000
Overlooking Lewes Road, this wonderful 4 bedroom property has long operated as a secure and lucrative investment property, specifically tailored to the student rental market.
Located within walking distance to both Brighton and Sussex Universities the property has long been a top performer in the rental market. This allows for operation as a stress free investment with assured returns, and on-going growth year on year.
The property is presently tenanted with a fixed term AST until September 2025, returning a gross rental of £2,322 pcm / £27,864 pa. This equates to a minimum of a 7% yield in the first year. The house is forecast for rental growth between 5-10% pa.
For investors looking to maximise cash flow, the property holds opportunities to improve specification to further increase yield.
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