4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Thompson Road, Brighton
£400,000

Price History

Initial price £450,000
26/07/24 £425,000
15/10/24 £400,000
Price Change -11.11%

Description

This four-bedroom HMO property in the popular Hollingdean area of Brighton is an excellent investment opportunity, already let for the upcoming student year and generating £2,476 per month, or £29,712 per year. The property is conveniently located just a 5-minute walk from Brighton University's Cockcroft building and close to Sussex University via the nearby Moulescoomb train station, ensuring a reliable rental market. The property features a spacious bathroom, additional WC, large kitchen, unrestricted parking, and private rear garden, making it attractive to both students and families. With a projected annual rental income of £29,712, this property presents a stable investment opportunity with a long history of consistent demand in a prime location near two universities.