6-bedroom terraced house · BN2 3EL
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Elm Grove is a popular and well-established residential area of Brighton, particularly convenient for access into the city centre.
The property is well positioned for local shops and amenities, with the independent shops, cafés and restaurants of Hanover and Lewes Road also within convenient reach.
The location is particularly well suited to the rental market, offering access to Brighton city centre as well as the universities and other major employment and education centres around the city.
Licensed Six-Bedroom HMO | Excellent Investment Opportunity | Separate Living Room | Popular Brighton Location A fantastic opportunity to acquire a substantial six-bedroom licensed HMO, situated on Elm Grove within easy reach of central Brighton.
Arranged over multiple levels, the property offers generous and flexible accommodation and represents an attractive opportunity for investors seeking an established HMO in a popular rental location.
Accommodation comprises an entrance hallway, six bedrooms, a well-proportioned kitchen measuring approximately 15'1" x 10'2", a separate living room measuring 12'8" x 10'4", and an additional WC.
The retention of a separate communal living room is a particularly useful feature for an HMO, providing tenants with dedicated shared living space away from the bedrooms.
The property is currently let to four tenants at a monthly rent of £2250 excluding bills. Historically the property has always let to six students so there is a potential to increase the rent.
Viewing By appointment with Hanover Homes telephone Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Council Tax Band: C (Brighton & Hove City Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 199 Elm Grove, Brighton
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