6 Bed HMO, Cheltenham, GL50 4LH, £395,000

• Six bedroom HMO +
• Two bathrooms +
• Garden +
• 10-11% potential yield +
• Potential to convert to family home +
• Three floors +
• Close to Pittville Park +

A unique opportunity to purchase a 6 double bed/2 bath HMO yielding 10- 11% in great location. Also with potential to convert to a family home. Located in Marle Hill Parade, this location highly desirable for renters as it’s ideal for young professional sharers and for students. The University of Gloucestershire’s FCH campus is a 5 minute walk and Cheltenham is a mecca for young professionals with large local recruiters including GCHQ and GE Aviation.  The area has some of Cheltenham’s best places to eat and drink, and is close to the popular Brewery Quarter with a wide range of pubs, bars, restaurants and local amenities.  Alternatively, the property would work well as a family home... Or it could be a lucky start for a first time buyer seeking a period property in a great area... The property itself is neatly arranged over 3 floors and is currently comprised of six bedrooms, two bathrooms, a sitting room and kitchen. The rear garden has gated side access and is designed with low maintenance in mind.  Available with no onward chain.