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6 Bed HMO, Gloucester, GL1 1RA £260,000
Wellington Street, Gloucester, GL1 1RA - 19 views - 8 months ago
Auction
HMO
ROI: 14%
~186 m²
ValuationUndervalued
| Sold Prices | £250K - £712K |
| Sold Prices/m² | £1.1K/m² - £7K/m² |
| |
Square Metres | ~186 m² |
| Price/m² | £1.4K/m² |
Value Estimate | £341,600 |
| BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £65,000 |
Stamp Duty & Legal Fees | £19,200 |
Total Cash In | £84,200 |
| |
Cash Out | |
Room Rate | £546 |
Gross Rent | £3,276 |
Running Costs/mo | £2,144 |
Cashflow/mo | £1,132 |
Cashflow/yr | £13,578 |
ROI | 16% |
Gross Yield | 15% |
Local Sold Prices
12 sold prices from £250K to £712K, average is £410K. £1.1K/m² to £7K/m², average is £2.9K/m².
Local Area Statistics
Population in GL1 | 34,172 |
Population in Gloucester | 173,084 |
Town centre distance | 0.58 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.22 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +28% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Price changed to £260,000
September 12, 2025
Price changed to £270,000
July 26, 2025
Price changed to £280,000
June 20, 2025
Listed for £270,000
March 19, 2025
Floor Plans
Description
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