4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

Crayford Road, Brighton
£375,000

Price History

Initial price £400,000
15/05/25 £375,000
Price Change -6.25%

Description

This 4-bedroom freehold HMO in a highly sought-after student rental area offers a fantastic investment opportunity. The property is in excellent condition and is currently let on a fixed-term student AST, generating a lucrative £2,600 per month, or £31,200 per year, with a gross yield of over 8.3%. The property has a large open-plan living room/kitchen on the ground floor, and three bedrooms on the first floor, including a smaller third bedroom. With the potential to expand into the loft space with the addition of two further bedrooms and a second bathroom, the property offers significant capital and cash flow value. The property is well-located for students, with a single fixed-term AST currently in place, and is forecast to grow year-on-year with minimal ongoing investment.