5 bed property for sale

Bevendean Crescent, Brighton BN2

Coapt are delighted to present this exciting investment opportunity. Already let agreed for the next student academic year, the property offers immediate and secured return on investment, whilst also possessing exciting options for further development to increase cash flow and add capital value.

Situated on Bevendean Crescent, the property has always performed well in the student rental marketing, owing to its close proximity to Brighton University, and transport links to Sussex University. The area is also hosts local amenities, and has a strong community feel, often suiting mature students, who are further benefited by the two-car driveway.

Comprising of threes stories, this HMO has 5 bedrooms, and holds license for 5 occupiers from 4 households. One bedroom is presently not large enough for use as a dwelling room, though the loft conversion is sufficient (15sqm) and licensed to hold two occupiers. This opens exciting development options, in extending the small bedroom/office, in order to create a licensable 6 bedroom dwelling. Please speak to our agents about this model and forecasted spend and revised rental returns and capital value.