Positioned on Hollingbury Road, this beautiful three story HMO represents a sound, safe and lucrative investment.

Holding a national HMO license, and right of use as a C4 dwelling (planning consent for HMO use), the property has been operated as a Student rental home for many years. Owing primarily to its location and size, the house has proved a safe investment, with ease to re-let each year, and the opportunity for annual rental growth.

The house offers excellent flexibility, having been well maintained structurally, and with moderate internal specification. This means the property can be bought and held with little investment needed. However with further investment to modernise, there is further scope to improve the rental return. Due to the property's location and architectural type, with aesthetic improvement the house has potential to be one of the flag ship student HMOs in the city, with rental potential in the region of £51,000 pa.

Unlike most other HMO hot-beds in the city, Hollingbury road retains high property values generally, including for residential properties. This proves further safety of investment, as there are various resale options as a continued buy-to-let, but also as a family home, or options to split the title and sell the site as multiple units.

Coapt are delighted to bring this sound investment property to market, and would be delighted to discuss its many merits and the options held for the property.

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