A large, empty hotel lobby with polished floors and bright natural light coming through glass doors.

Refurbished 8 Bedroom HMO

Under Offer
Price Reduced
Sold Subject To Contract
Sold
Let
Property Category:
HMO
Location:
Hastings
County:
East Sussex
Ref:
31253
ASKING PRICE
Freehold Price - £625,000
No items found.
All Images
Summary.

An outstanding opportunity to acquire a substantially refurbished, high-specification 8-bedroom House in Multiple Occupation (HMO), situated in a highly convenient Hastings location.  Recently redeveloped to an exceptional standard throughout, the property offers significant gross income potential of £75,600 p.a., on a fully let room-by-room basis reflecting a potential gross yield over 12%.

The property occupies a prominent position on the south side of Mount Pleasant Road, approximately 1 mile north of Hastings town centre, seafront, and mainline railway station.  Situated within a popular, established residential area, it benefits from immediate proximity to local amenities and bus transport links.  Mount Pleasant Road forms part of the northern ring road around Hastings, providing swift transit across the town's eastern and western suburbs.

  • Newly refurbished HMO providing excellent accommodation
  • Forecast income of £75,600 p.a. representing a yield over 12%
  • Six bed-sitting rooms, with kitchenette
  • Two further spacious bedrooms with shared kitchen
  • Brand new shower rooms and separate WCs on each floor
  • Potential for private, corporate and Local Authority use

‍

‍