For sale

Mafeking Road,
Brighton

Guide price £450,000

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Guide price - £450,000 - £475,000. This well-presented four-bedroom HMO is located just off Brighton’s Lewes Road and offers comfort and convenience for students and professionals. Currently generating £2,721/month (£32,652/year) with a 6.8% yield - it is an ideal investment property.

The property

This well-presented HMO is located just off Lewes Road in Brighton and offers the perfect blend of comfort and convenience for students or professionals. Spread over two floors, the property provides four generously sized bedrooms, one with a separate office/dressing room. There's a modern tiled bathroom with a bath and a separate shower, and an additional WC meaning there’s no shortage of convenience for busy mornings or evenings.

The modern kitchen is well-equipped, featuring ample space for cooking and meal prep. A separate utility room provides plenty of room for washing and laundry - a real bonus in a shared space. A living/dining room at the rear of the property provides a space for relaxing and socialising - a rare find in an HMO of this size.

Outside, the property boasts a charming patio garden, offering a peaceful outdoor retreat. Overlooking the rooftops of the surrounding houses, it’s the perfect spot to relax or enjoy a quiet moment. The garden space adds a touch of nature and privacy, offering a nice break from the indoors.

Located just off Lewes Road, this property is close to local amenities, parks, and transport links, with easy access to Brighton's city centre and universities. It’s an ideal choice for those looking for a well-located, spacious home with a modern touch in one of Brighton’s most popular residential areas for students and young professionals.

Property income

This property offers an attractive investment opportunity with a current rental income of £2,721 per month (£32,652 annually) and a sale price of £475,000, delivering a solid 6.8% yield. With the potential for rental increases, next year’s projected rent is £2,816 per month (£32,792 annually), raising the yield to 6.9%. With a strong return on investment, a prime location, high demand, and a 17-year track record of continuous occupancy, this property presents an ideal addition to any investor’s portfolio.

The area and transport links

Mafeking Road is a residential street located just 1.8 miles from the lively city centre, offering convenient access to Brighton’s eclectic shops, trendy cafes, and famous seafront. The area is popular with a mix of students and professionals due to its well-connected location. The University of Brighton can be reached in around 2-minutes by car (10-minutes on foot), and the University of Sussex is about a 30-minute journey away, making Mafeking Road a practical base for students.

Residents enjoy close proximity to green spaces such as Wild Park and Preston Park, perfect for unwinding or getting some fresh air. For nature enthusiasts, the South Downs National Park is a short drive away, providing stunning landscapes, hiking trails, and a peaceful escape from the city. With excellent transport links, nearby parks, and easy access to both city life and outdoor adventures, Mafeking Road offers a balanced and convenient lifestyle in Brighton.

Overview

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Property brochure Floor plan Location

Property highlights

  • Four-bedroom HMO terraced house
  • Accommodation spread over two floors
  • Currently achieving £2721 per month (£32,652 annually)
  • Bathroom with bath and separate shower
  • Has been continuously let to students for the past 17 years
  • Modern kitchen with ample worktop space
  • Located just off the Lewes Road in Brighton
  • Spacious patio garden
  • Well-presented with neutral decor