3 Bedroom Semi Detached House, St. Michaels Road, Portslade, BN41

BUY TO LET INVESTORS ONLY-SOLD WITH TENANTS IN SITU

Current Rent £1400 pcm (Potential £1800 pcm)

EPC D-Potential C https://find-energy-certificate.service.gov.uk/energy-certificate/9390-2351-2590-2795-0681

This well-presented three bedroom semi-detached house is an excellent opportunity for buy-to-let investors, being sold with tenants in situ. The property currently achieves a rental income of £1,400 per calendar month, delivering a gross yield of 5 percent per annum, with the potential to increase this to £1,800 per calendar month and a gross yield of 6.5 percent per annum. The accommodation features a spacious and modern kitchen, perfect for family living, and a generous lounge area that benefits from ample natural light. The ground floor also offers a practical family bathroom alongside a separate W.C, providing convenience for busy households. Upstairs, there are three well-proportioned bedrooms, each offering comfortable space. Additional benefits include a private driveway for off-road parking, an EPC rating of D (with potential to improve to C), and council tax band B. The property is situated within walking distance of the harbour and local amenities, making it ideal for tenants seeking both convenience and a vibrant local lifestyle.

The outside space is equally impressive, with a large rear garden that provides plenty of room for outdoor entertaining, play areas, or potential landscaping projects. The private driveway at the front of the property offers convenient parking for residents. The garden is mainly laid to lawn, bordered by mature shrubs and fencing, ensuring privacy and a pleasant outlook. There is also scope to further enhance the outdoor space, whether through the addition of a patio, decking, or a garden office (subject to the necessary permissions). The property’s location means that scenic walks along the harbour are just moments away, while local shops, cafes, and schools are within easy reach. This is a rare chance to acquire a well-maintained investment property with generous outside space in a sought-after area. Early viewing is highly recommended to appreciate the full potential of this buy-to-let opportunity.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.