This imposing town house boasts a staggering six beds and has been run as a very successful HMO for many years.
In today's market, the property would generate in excess of £40,000 in rental income per annum, thus generating a yield of 11.4% based on selling at the asking price.
The central location, means that tenants would inevitably be young professionals, most probably working at the hospital with is just 0.2 miles, door to door. There is also a bus service directly outside, going either into Gloucester one way or into Cheltenham, the other.
There is permit parking available on neighbouring side streets for a nominal fee and also an enclosed courtyard garden to the rear of the house.
Offered to the market with NO ONWARD CHAIN, this is an investors dream and must be a consideration for any speculators looking in this location. Call de Mel Property now for your appointment to view.
