5 Bed HMO, Cheltenham, GL50 1JJ, £375,000

Rodney Road, Cheltenham, GL50 1JJ - 4 views - a month ago

HMO
ROI: 5%
~178 m²
+6 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Room Rate

£572

Gross Rent

£2,860

Running Costs/mo

£2,363

Cashflow/mo

£497

Cashflow/yr

£5,961

ROI

5%

Gross Yield

9%













Property History

Listed for £375,000

March 17, 2025

Floor Plans

Description

  • 5 Bedrooms +
  • Terraced House +
  • Chain Free +
  • HMO Investment Opportunity +
  • Highly Sought After Location +
  • Tenanted for Immediate Investment +

Bettermove are proud to present this 5 bedroom terraced house, currently operating as a HMO in Cheltenham available with no forward chain. The property is currently tenanted and it will be sold with tenants in situ for immediate investment. Ideal investment opportunity with a current yield of 9%. This 5 Bedroom HMO in the centre of Cheltenham is not one to be missed. The property benefits from double glazing, gas central heating throughout. The council tax band is E. The interior of this well presented property comprises a spacious living room and fitted kitchen on the ground floor. The first floor consists of 1 double bedroom and shower room. The second floor has 2 bedrooms and shower room. The third floor boasts the final 2 bedrooms and a third shower room. Located in the popular town of Cheltenham, the property is close to a range of amenities, including shops, supermarkets, restaurants and pubs. Excellent transport connections can be found from the A46, A4015 and many local bus routes. This exciting opportunity should not be missed! All enquiries can be made through Bettermove on . --------------------------------------------------------------------------------- You can secure the purchase immediately by paying an exclusivity deposit of £1,000. This is not an additional fee and is returned to you on completion. Paying this deposit ensures that the seller takes the property off the market and reserves it exclusively for you. Therefore, eliminating the risk of being gazumped by another buyer, and incurring aborted costs. This allows you rights to purchase within a given timeframe (typically 8-12 weeks) which gives you time to prepare funding, surveys, and searches. Speak to one of our sales team about our Exclusivity Deposits today to find out more…

Agent Details

Bettermove, Nationwide

020 3834 8696

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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