Welcome to Ticehurst Road, East Brighton, where contemporary living meets lucrative investment in this impressive six-bedroom House in Multiple Occupation (HMO). Boasting a nearly 10% yield, this property is a golden opportunity for savvy investors seeking a high return on their investment.
Upon entering, you'll be greeted by a well-appointed shared kitchen space that seamlessly that has ample storage and functionality. The spacious communal areas are designed for both comfort and socializing, making it an ideal residence for a diverse group of tenants.
Each of the six bedrooms vary in size and rent per room varies in size designed to offer privacy and comfort. The property is tastefully decorated throughout, with attention to detail evident in every corner.
The location on Ticehurst Road adds to the property's appeal, situated in the heart of East Brighton. Excellent transport links ensure easy access to the city center and beyond.
Investors will appreciate the financial benefits of this property, with a yield of nearly 10%. The demand for high-quality HMOs in this area is on the rise, making this a strategic investment opportunity with the potential for long-term returns.
In summary, this 6-bedroom HMO on Ticehurst Road is a prime investment opportunity in East Brighton. With its modern design, convenient location, and impressive yield, this property is sure to attract discerning investors looking to maximize their returns in the thriving Brighton property market. Don't miss out on the chance to add this gem to your portfolio. Schedule a viewing today!
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Finding a mortgage
Buying a house is a massive investment and getting it just slightly wrong can be costly. Unless you have big savings, chances are you’re going to have to get a mortgage. It’s a loan secured against the property which means if you can’t meet the repayments the lender may repossess your home and sell it to get their money back.
The better you understand mortgages and everything to do with them, the better armed you will be to get the very best deal. With MMR in place, you’ll need to review your finances themselves before approaching possible lenders to see whether you can afford the monthly payments now and if interest rates go up, which they will…
What is MMR?
When it comes to finding a mortgage you have several options: mortgage brokers, individual banks or searching online. Again, it’s important to do your research. Searching online first, gives you a good idea of what’s available, but an independent mortgage broker can provide a more in-depth search and help you through the process. Being independent holds great value as they are not bias to any particular lenders or deals, they will give you their honest opinion and take away the stress of working your way through the mortgage market, they work for you to find you the best package to suit your requirements.
For more information on the current mortgage rules and deals, contact your local branch today to arrange an appointment.
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