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4 bed terraced house
Thompson Road, Brighton BN1
£375,000
Thompson Road, Brighton BN1
£375,000
Price History
Initial price | £450,000 |
26/07/24 | £425,000 |
15/10/24 | £400,000 |
18/01/25 | £375,000 |
Price Change | -16.67% |
Description
This licensed four-bedroom HMO property in Brighton's Hollingdean area is an excellent investment opportunity, generating £2,476 per month (£29,712 per year) from August 2024. The property is already let for the upcoming student year and has a long history of being continuously occupied by students, with 17 years of rental income under the current owners. The property features a spacious bathroom, additional WC, large kitchen, unrestricted parking, and a private rear garden, making it attractive to both students and families. Its prime location near two universities ensures a reliable rental market, making it a stable investment opportunity with strong appeal to both students and families.