The property is a seven bedroom HMO and would be ideally suited to an investor. The existing income was £3355.00 at full occupancy per month. Currently five rooms are occupied. At £400,000 this would bring in a return over 10%.
There are seven rentable rooms over three floors several with their own sink/kitchenette areas. The bedrooms share two shower rooms with toilets and two additional toilets. There is also a kitchen diner, laundry area and courtyard garden. All areas are modern and well appointed. This licenced HMO would suit either professionals or students.
Situated with walking distance of Gloucester City Centre and all the amenities this offers as well as being close to the hospital and train station.
If you are an investor interested in an HMO please call for more information and to discuss the potential yields.
Agent Details
Andrews Estate Agents, Gloucester
01452 941744
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