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8 Bed HMO, Gloucester, GL1 1RE £425,000

Cromwell Street, Gloucester, GL1 1RE - 3 views - 8 months ago
  1. Deal Search
  2. Gloucester
  3. GL1
  4. GL1 1RE
HMO
ROI: 8%
~248 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Gloucester
  • More Deals in GL1
  • More HMO Deals
  • More HMO Deals in Gloucester
  • More HMO Deals in GL1

Property History

Listed for £425,000

April 24, 2025

Floor Plans

Description

  • Eight bedroom HMO terraced property +
  • Ideal investment opportunity with active HMO licence +
  • Recently re-furbished throughout +
  • Studio flat with own private garden & entrance +
  • Off-road parking for multiple vehicles +
  • Situated within close proximity to Gloucester City Centre +
  • Potential rental income of £4,000 pcm at £580 per room +
  • EPC rating D62 +
  • Gloucester City Council - Tax Band B (£1,741.26 per annum) 2025/2026 +

Three storey townhouse located in a convenient central location makes for an ideal investment opportunity. Offered to the market with no onward chain, the property allows for an ideal eight bedroom HMO with seven rooms in the house itself and additional studio apartment to the rear. Ample off-road parking is also provided alongside rear patio area. Viewing is highly advised for investors looking for their next investment opportunity.

Accommodation - Refurbished throughout by the present owner, the property has been utilised as a eight bedroom licensed HMO. The ground floor comprises of two bedrooms, kitchen and shower room to the rear. Stairwell leads to a spacious basement offering the potential to convert to create further living space if required. The first floor provides two further three further double bedrooms and a shower room whilst the second floor provides another two double bedrooms.
With it's own private access to the rear of the property, an additional studio apartment is located with its own private courtyard garden.

Outside - Externally the property provides a patio area ideal for seating. Off-road parking is also provided providing parking for approximately three vehicles.

Location - Situated in the heart of the historical Gloucester City centre, within a short walking distance to the popular Gloucester Quays development, Cromwell Street provides ideal access to an array of shops, bars, and restaurants alongside various other amenities. Within a short distance of the bus and train station offering a direct line to London Paddington this location is ideal for both professionals, first time buyer and investors alike.

Material Information - Tenure: Freehold.
Local Authority and Rates: Gloucester City Council - Tax Band B (£1,741.26 per annum 2025/2026).
Electricity supply: Mains.
Water supply: Mains.
Sewerage: Mains.
Heating: Gas central heating.
Broadband speed: Basic 16 Mbps, Superfast 80 Mbps, Ultrafast 1000 Mbps download speed.
Mobile phone coverage: EE, Three, O2, Vodafone.

Agent Details

Naylor Powell, Gloucester

01452 227846

Next Steps?

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

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