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£350,000
Stephens Road, Brighton, BN1
- 3 beds
£350,000
- 3 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£1,598 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£17,500
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Welcome to this three-bedroom freehold terrace house, currently operating as a well-established House in Multiple Occupation (HMO) that generates an impressive annual income of £29,040. Nestled in a popular and vibrant location, this property is ideally situated close to excellent schools and universities, making it a prime investment opportunity for both seasoned landlords and first-time buyers looking to enter the rental market.
As you step inside, you are greeted by a spacious and inviting layout that maximizes both comfort and functionality. The property boasts three generously sized bedrooms, each thoughtfully designed to accommodate residents with ample space and natural light. The communal areas are well-appointed, providing a welcoming atmosphere for tenants and guests alike.
The sunny rear garden is a delightful feature of this property, offering a serene outdoor space to relax and unwind. It presents the perfect setting for summer gatherings, gardening, or simply enjoying the sunshine-a rare find in urban living.
This property is sold with no onward chain, ensuring a smooth and efficient purchasing process. With its strategic location, robust rental income, and potential for future appreciation, this terrace house presents an exceptional opportunity for investment or as a family home.
GROUND FLOOR
SITTING ROOM/KITCHEN 17' 6" x 12' 6" (5.33m x 3.81m)
BEDROOM 11' 3" x 10' 6" (3.43m x 3.2m)
FIRST FLOOR
BEDROOM 12' 3" x 10' 9" (3.73m x 3.28m)
SHOWER ROOM
BEDROOM 12' 3" x 10' 9" (3.73m x 3.28m)
OUTSIDE
REAR GARDEN
As you step inside, you are greeted by a spacious and inviting layout that maximizes both comfort and functionality. The property boasts three generously sized bedrooms, each thoughtfully designed to accommodate residents with ample space and natural light. The communal areas are well-appointed, providing a welcoming atmosphere for tenants and guests alike.
The sunny rear garden is a delightful feature of this property, offering a serene outdoor space to relax and unwind. It presents the perfect setting for summer gatherings, gardening, or simply enjoying the sunshine-a rare find in urban living.
This property is sold with no onward chain, ensuring a smooth and efficient purchasing process. With its strategic location, robust rental income, and potential for future appreciation, this terrace house presents an exceptional opportunity for investment or as a family home.
GROUND FLOOR
SITTING ROOM/KITCHEN 17' 6" x 12' 6" (5.33m x 3.81m)
BEDROOM 11' 3" x 10' 6" (3.43m x 3.2m)
FIRST FLOOR
BEDROOM 12' 3" x 10' 9" (3.73m x 3.28m)
SHOWER ROOM
BEDROOM 12' 3" x 10' 9" (3.73m x 3.28m)
OUTSIDE
REAR GARDEN
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£1,598 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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