John Hilton & Co says ..

Property Oracle says ..

This four-bedroom mid-terrace house located on Kimberley Road in Brighton’s Moulsecoomb area is currently listed at £375,000. The property’s main selling point is its potential as a rental investment, evidenced by nearby similar properties being marketed as HMOs (Houses in Multiple Occupation) for student lets. The presence of several good-rated primary schools and relative proximity to the University of Brighton supports this investment potential. Transportation links, with Moulsecoomb train station being approximately 1 km away, also enhance its suitability for renters.

The photos reveal a property in fair but not excellent condition. The interior requires some updating and modernisation to increase its appeal to buyers seeking a family home. While the rooms are functional, the furnishings and decor are dated and show signs of wear. The kitchen appears to be basic but functional. The small rear garden is an added feature, but not significant in size.

In summary, the property presents itself as a potentially good investment opportunity due to its rental prospects in a reasonably convenient area. However, buyers should factor in potential renovation costs to bring the property up to a higher standard of finish if they intend to use it as a family home or improve rental yield. The lack of precise square footage information in the listing and comparable properties complicates a precise valuation. However, when comparing similar priced properties in the local area, the given list price is acceptable, given the strong rental market in the area and the number of bedrooms.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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