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£665,000

Crespin Way, Brighton, BN1

  • 8 beds
Detached house

£665,000

  • 8 beds
Detached house
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Estimate monthly mortgage payment:

£3,036 per month

Minimum deposit amount:

£33,250
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INVESTMENT OPPORTUNITY A unique opportunity to acquire a licensed six-bedroom HMO with two two-bedroom annex flat below, currently let for a combined £4,565 per calendar month to increase to £4,935pcm for the next academic year. Situated behind Moulsecoomb train station and university campus, with regular transport links to the Falmer campuses and Brighton city centre. Spacious HMO is made up of a social kitchen/dining/living room at the rear, along with two bedrooms, a shower room, and WC on the ground floor, with four bedrooms and a shower room on the first floor. The two-bedroom flat is accessed by its own private entrance to the side of the building with access out to the rear garden, with a central living area, a separate kitchen, and a bathroom. The driveway at the front offers ample parking for both properties, with space for three cars. Ideal investment, sold with tenants in situ and no onward chain. Virtual tour available, please request a link. Front Garden Off-road hardstand parking for three cars, pathway leading to front door, and side access to annex flat. HMO Front Porch Entrance Stairs to first floor, window to side, built-in cupboard. Kitchen/Dining/Living Room 28'0" x 9'9" Full width at rear of the property, range of units at eye and base level with stone worktops over and matching upstand, and tiles behind the hob, integrated double sink with mixer tap and drainer, range cooker with extractor hood over, space for two fridge freezers and under counter fridges. Three windows to the rear and space for dining table and sofas. Utility Room Space and plumbing for washing machine. Side door. Bedroom 15'0" x 11'1" Window to front, wash hand basin. Bedroom 7'9" x 14'8" Windoww to front and side, wash hand basin. Shower Room Glass shower enclosure. WC White suite comprising low flush WC and wash hand basin, window to side. First Floor Landing Access hatch to loft. Bedroom 18'3" x 6'11" Two windows to rear, wash hand basin, and built-in wardrobe. Bedroom 7'9" x 14'8" Window to side, wash hand basin, and built-in wardrobe. Bedroom 7'10" x 11'3" Window to front, wash hand basin, and built-in wardrobe. Bedroom 13'2" x 10'3" Window to front, wash hand basin. Shower Room White suite comprising wash hand basin, low flush WC and glass shower cubical. Annex Flat Entrance Hallway Built-in storage cupboard and airing cupboard. Living Area 8'11" x 11'2" Built-in cupboards housing electric services, and open front storage space. Kitchen Range of units at eye and base level with worktops over and tiled splashbacks, stainless steel sink with drainer, freestanding cooker, and under-housed washing machine. Bedroom 6'3" x 12'4" Window to side. Bedroom 10'11" x 8'4" Window to side. Bathroom White suite comprising low flush WC, wash hand basin, and bath with glass screen and shower over. Rear Garden Spacious rear garden, mostly laid to lawn with patio to rear and walled boundaries.

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
£20,750
Mortgage and legal costs:
£999
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