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£600,000
May Road, Brighton, BN2
- 7 beds
£600,000
- 7 beds
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Estimate monthly mortgage payment:
£2,739 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
£30,000
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This property is a substantial-sized seven-bedroom HMO (House in Multiple Occupation) located in the highly desirable Elmgrove area. With excellent links to the university, it is an ideal investment opportunity for students or professionals looking for shared accommodation.
The property features a kitchen, lounge, and dining room, providing ample communal space for the residents. Additionally, there are three bathrooms, ensuring convenience and privacy for the occupants.
One of the standout features of this property is its large rear garden, which offers a pleasant outdoor space for relaxation or socializing. The garden's generous size provides potential for further development or landscaping.
Furthermore, this property boasts an annual income of £49,140, making it a lucrative investment opportunity for potential buyers. The high rental income is attributed to the property's seven bedrooms and its sought-after location, attracting tenants who are willing to pay a premium for quality accommodation.
Overall, this HMO property in the Elmgrove area offers significant potential for both rental income and future development. With its spacious interior, excellent links to the university, and attractive features such as a large rear garden, it presents an enticing opportunity for investors in the rental property market.
GROUND FLOOR
ENTRANCE HALL
BEDROOM SEVEN 10' x 10' 10" (3.05m x 3.3m)
BEDROOM SIX 10' x 12' 10" (3.05m x 3.91m)
SHOWER ROOM
LOUNGE/ DINER/ KITCHEN 12' 6" x 24' 7" (3.81m x 7.49m)
FIRST FLOOR
BEDROOM FIVE 9' 10" x 14' 9" (3m x 4.5m)
BEDROOM FOUR 13' 10" x 8' 10" (4.22m x 2.69m)
BEDROOM THREE 8' 8" x 11' 8" (2.64m x 3.56m)
BATHROOM
SECOND FLOOR
BEDROOM TWO 12' 2" x 11' 10" (3.71m x 3.61m)
BEDROOM ONE 21' 8" x 7' 7" (6.6m x 2.31m)
SHOWER ROOM
OUTSIDE
REAR GARDEN
The property features a kitchen, lounge, and dining room, providing ample communal space for the residents. Additionally, there are three bathrooms, ensuring convenience and privacy for the occupants.
One of the standout features of this property is its large rear garden, which offers a pleasant outdoor space for relaxation or socializing. The garden's generous size provides potential for further development or landscaping.
Furthermore, this property boasts an annual income of £49,140, making it a lucrative investment opportunity for potential buyers. The high rental income is attributed to the property's seven bedrooms and its sought-after location, attracting tenants who are willing to pay a premium for quality accommodation.
Overall, this HMO property in the Elmgrove area offers significant potential for both rental income and future development. With its spacious interior, excellent links to the university, and attractive features such as a large rear garden, it presents an enticing opportunity for investors in the rental property market.
GROUND FLOOR
ENTRANCE HALL
BEDROOM SEVEN 10' x 10' 10" (3.05m x 3.3m)
BEDROOM SIX 10' x 12' 10" (3.05m x 3.91m)
SHOWER ROOM
LOUNGE/ DINER/ KITCHEN 12' 6" x 24' 7" (3.81m x 7.49m)
FIRST FLOOR
BEDROOM FIVE 9' 10" x 14' 9" (3m x 4.5m)
BEDROOM FOUR 13' 10" x 8' 10" (4.22m x 2.69m)
BEDROOM THREE 8' 8" x 11' 8" (2.64m x 3.56m)
BATHROOM
SECOND FLOOR
BEDROOM TWO 12' 2" x 11' 10" (3.71m x 3.61m)
BEDROOM ONE 21' 8" x 7' 7" (6.6m x 2.31m)
SHOWER ROOM
OUTSIDE
REAR GARDEN
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
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).
£8,750
Mortgage and legal costs:
£999
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- Conveyancing fee
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Property details
£600,000
7 bed house for sale
May Road, Brighton, BN2
This property is a substantial-sized seven-bedroom HMO (House in Multiple Occupation) located in the highly desirable Elmgrove area. With excellent links to the university, it is an ideal investment opportunity for students or professionals looking for shared accommodation.
The property features a kitchen, lounge, and dining room, providing ample communal space for the residents. Additionally, there are three bathrooms, ensuring convenience and privacy for the occupants.
One of the standout features of this property is its large rear garden, which offers a pleasant outdoor space for relaxation or socializing. The garden's generous size provides potential for further development or landscaping.
Furthermore, this property boasts an annual income of £49,140, making it a lucrative investment opportunity for potential buyers. The high rental income is attributed to the property's seven bedrooms and its sought-after location, attracting tenants who are willing to pay a premium for quality accommodation.
Overall, this HMO property in the Elmgrove area offers significant potential for both rental income and future development. With its spacious interior, excellent links to the university, and attractive features such as a large rear garden, it presents an enticing opportunity for investors in the rental property market.
GROUND FLOOR
ENTRANCE HALL
BEDROOM SEVEN 10' x 10' 10" (3.05m x 3.3m)
BEDROOM SIX 10' x 12' 10" (3.05m x 3.91m)
SHOWER ROOM
LOUNGE/ DINER/ KITCHEN 12' 6" x 24' 7" (3.81m x 7.49m)
FIRST FLOOR
BEDROOM FIVE 9' 10" x 14' 9" (3m x 4.5m)
BEDROOM FOUR 13' 10" x 8' 10" (4.22m x 2.69m)
BEDROOM THREE 8' 8" x 11' 8" (2.64m x 3.56m)
BATHROOM
SECOND FLOOR
BEDROOM TWO 12' 2" x 11' 10" (3.71m x 3.61m)
BEDROOM ONE 21' 8" x 7' 7" (6.6m x 2.31m)
SHOWER ROOM
OUTSIDE
REAR GARDEN
The property features a kitchen, lounge, and dining room, providing ample communal space for the residents. Additionally, there are three bathrooms, ensuring convenience and privacy for the occupants.
One of the standout features of this property is its large rear garden, which offers a pleasant outdoor space for relaxation or socializing. The garden's generous size provides potential for further development or landscaping.
Furthermore, this property boasts an annual income of £49,140, making it a lucrative investment opportunity for potential buyers. The high rental income is attributed to the property's seven bedrooms and its sought-after location, attracting tenants who are willing to pay a premium for quality accommodation.
Overall, this HMO property in the Elmgrove area offers significant potential for both rental income and future development. With its spacious interior, excellent links to the university, and attractive features such as a large rear garden, it presents an enticing opportunity for investors in the rental property market.
GROUND FLOOR
ENTRANCE HALL
BEDROOM SEVEN 10' x 10' 10" (3.05m x 3.3m)
BEDROOM SIX 10' x 12' 10" (3.05m x 3.91m)
SHOWER ROOM
LOUNGE/ DINER/ KITCHEN 12' 6" x 24' 7" (3.81m x 7.49m)
FIRST FLOOR
BEDROOM FIVE 9' 10" x 14' 9" (3m x 4.5m)
BEDROOM FOUR 13' 10" x 8' 10" (4.22m x 2.69m)
BEDROOM THREE 8' 8" x 11' 8" (2.64m x 3.56m)
BATHROOM
SECOND FLOOR
BEDROOM TWO 12' 2" x 11' 10" (3.71m x 3.61m)
BEDROOM ONE 21' 8" x 7' 7" (6.6m x 2.31m)
SHOWER ROOM
OUTSIDE
REAR GARDEN