John Hilton & Co says ..
*** INVESTMENT OPPORTUNITY ** A substantial six bedroom semi-detached house with HMO license and tenants in situ until 11/08/2025, producing £3,640 pcm or £43,680 per annum. Great location for students, situated directly opposite Brighton University and set back from the Lewes Road, with frequent...
Property Oracle says ..
This six-bedroom semi-detached house on The Highway, Brighton, is presented as an investment opportunity due to its proximity to Brighton University and its current use as an HMO. The location is convenient, with Moulsecoomb train station within walking distance. The property boasts six bedrooms and two bathrooms. However, the provided photographs reveal a property that, while functional, requires some degree of refurbishment to update its presentation. The bathroom, in particular, shows signs of age and could use modernisation. The kitchen appears adequate, although the style is dated. The garden is small but adds to the property’s appeal. The property’s value would greatly increase with modernisation work. The £500,000 list price reflects the strong rental market in the area for student accommodation and represents a balance between the need for renovations and high demand for such properties. Overall, the property is a sound investment opportunity that is likely attractive to investors, but the high purchase price and needed renovations may require a cautious approach. It’s important to note that the lack of precise square footage for the property and nearby comparables limits the accuracy of a definitive price analysis.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 2
- Sqft (est)
- 1,093.00
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Metrics Year-on-Year
- Average area value
- 595,400.00 £Increased by 55.56 %
- Est sale value
- 826,308.00 £Increased by 77.88 %
- Average area rental value
- 1,973.00 £/moIncreased by 0.41 %
- Est letting value
- 2,186.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.98 %Decreased by 35.39 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
John Hilton & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| University Of Brighton | Higher Education Institutions | Good | 0.32 KM |
| Coombe Road Primary School | Community School | Good | 0.53 KM |
| Homewood College | Community Special School | Requires improvement | 0.58 KM |
| Central Hub Brighton | Pupil Referral Unit | Good | 0.84 KM |
| Hertford Junior School | Community School | Requires improvement | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lambourne Close | £ 0 | 0 | 0.00 KM |
| Peace Close | £ 0 | 0 | 0.00 KM |
| Robin Davis Close | £ 0 | 0 | 0.00 KM |
| Saint Leonard's Road | £ 550,000 | 0 | 0.00 KM |
| Saint Helen's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Moulsecoomb | 5312 | MCB | 0.34 KM |
| London Road (Brighton) | 5281 | LRB | 2.33 KM |
| Brighton | 5268 | BTN | 3.19 KM |
| Falmer | 5337 | FMR | 3.82 KM |
| Preston Park | 5285 | PRP | 4.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Highway, Brighton | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Southall Avenue, Brighton, BN2 | £ 450,000 | BUY | 6 / 10 | 0.17 KM |
| The Avenue, Brighton, BN2 | £ 385,000 | BUY | Unknown | 0.25 KM |
| Redvers Road, Brighton | £ 175,000 | BUY | 4 / 10 | 0.28 KM |
| Redvers Road, Brighton | £ 295,000 | BUY | 5 / 10 | 0.28 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Southall Avenue | £ 246,000 | 0.03 KM |
| 51 Southall Avenue | £ 250,000 | 0.03 KM |
| 29 Southall Avenue | £ 220,000 | 0.03 KM |
| 37 Southall Avenue | £ 332,500 | 0.03 KM |
| 69 Southall Avenue | £ 195,000 | 0.03 KM |