£450,000
Elm Grove, Brighton, BN2
- 5 beds
£450,000
- 5 beds
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** Guide Price ?450,000 -?475,000 **
Tenure: Freehold
Situated on the ever-popular Elm Grove in Brighton, this well-maintained five-bedroom terraced house offers a superb investment opportunity for landlords seeking a fully operational, income-producing HMO in one of the city's strongest rental locations.
Licensed and currently operating as a House in Multiple Occupation, the property achieves a solid annual rental income of ?41,000, with consistent occupancy and appeal primarily to students and young professionals. The vibrant and dynamic nature of Brighton s rental market, coupled with its proximity to multiple universities and the city centre, ensures strong demand year-round.Presented in good decorative order, the house has been thoughtfully arranged to suit shared living. Each of the five bedrooms offers comfortable, well-sized accommodation, while the communal areas are designed to balance privacy and functionality. The property also benefits from a modern kitchen and shared bathroom facilities, making it well-suited to the needs of today's tenants.
To the rear, a private patio garden provides valuable outdoor space an increasingly desirable feature for renters looking for a mix of indoor and outdoor living.The location is ideal for student tenants, with easy access to Brighton city centre, the University of Brighton, and Sussex University via regular bus routes and cycle paths. The surrounding area is packed with local amenities, including shops, cafes, parks, and supermarkets, all within walking distance.
Whether you're expanding your investment portfolio or entering the buy-to-let market, this property represents a turnkey opportunity with a proven track record of rental success. It offers both short- and long-term income potential in a well-established and sought-after rental zone.
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