Six Bedroom HMO Property In Central Hove

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CLARENDON ROAD, HOVE, BN3 3WS

6 bedrooms

Asking Price: £595,000

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PROPERTY DETAILS

  • £45,000 Annual Income!
  • 7.3% Gross yield!
  • Six Bedroom HMO
  • Close Proximity to Hove Station
  • Chain Free
  • Ongoing Investment or Vacant Possession

Welcome to this fantastic investment opportunity located in Hove. This six-bedroom property offers an impressive investment potential with its spacious layout, large rear garden, and prime location. Currently generating an annual income of £45,000, this property presents an attractive investment opportunity with a substantial gross yield of 7.5%.

The accommodation spans across four floors, providing ample space for tenants and ensuring a comfortable living environment. The ground floor features a welcoming entrance hall leading downstairs to a bright and spacious kitchen diner and reception area.

Moving to the upper floors, you will find six well-proportioned bedrooms, each offering a tranquil retreat for tenants. The property also includes multiple bathrooms, ensuring convenience for all occupants. One of the standout features of this property is its expansive rear garden.

The property ensures compliance with all necessary licensing, fire safety, and electrical upgrade regulations. This makes it an even more attractive investment for discerning buyers.

Situated in a central location, this property offers excellent connectivity to various amenities and attractions in Hove. Residents can easily access local shops, restaurants, cafes, and leisure facilities. Additionally, the property benefits from close proximity to transport links, making it ideal for commuters and those wishing to explore the surrounding areas. The property is open to substantial capital growth being so central.

With its impressive annual income and high gross yield, this six-bedroom investment property represents a fantastic opportunity for astute investors. Whether you are looking to expand your property portfolio or start your investment journey, this property offers the potential for strong returns and long-term growth.

Council Tax Band C
Hove Station 0.2 miles

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