St. Mary Magdalene Street, Brighton 4 bed terraced house for sale

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St. Mary Magdalene Street, Brighton 4 bed terraced house for sale

St. Mary Magdalene Street, Brighton
£425,000

Price History

Initial price £450,000
06/11/24 £425,000
Price Change -5.56%

Description

This three-storey townhouse is a great investment opportunity, currently arranged as a four-bedroom HMO and let until 2025 at £2,800 per month. The property is situated in a prime location, close to amenities and just a short walk from the city centre, making it an attractive option for students. The property has scope to extend into the loft space, subject to usual consents, which could potentially add two additional bedrooms and increase the rental income. The property features a living room, kitchen, and four double bedrooms, as well as a separate WC and shower room. The garden is a generous size, measuring 5.7m x 4.5m. With a guide price of £425,000-£450,000, this property would make an excellent addition to a buy-to-let portfolio.