19 bedroom detached house for sale

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19 bedroom detached house for sale

RoomsBooked Gloucester Road, 298 Gloucester Road, Cheltenham, GL51 7AG
£1,395,000

Our Summary

  • Externally and to the rear is a large off-road parking area which has ample space for a number of vehicles, and there is opportunity here for further development subject to the relevant consents
  • The property sits within a large plot and certainly has scope for extension and/or redevelopment subject to the relevant consents
  • Turning a good profit and with repeat business along with the development potential it offers, it's a worthwhile buy
  • Development potential STPP

Description

This 19-bedroom room-only accommodation business is a fantastic investment opportunity in the heart of Cheltenham, close to the train station and town centre attractions. The property generates good income with profit margins and has a solid client base, making it a low-input and hands-free operation. The detached building has a large off-road parking area and offers potential for further development subject to relevant consents. The rooms are modern and clean, with amenities such as LCD TVs, fridges, and microwaves, and Wi-Fi is available throughout the property. The business is situated in a leafy area of Cheltenham, close to the racecourse, high street shopping, and renowned restaurants, and has easy access to major communication links and airports. With its low maintenance requirements and development potential, this is a worthwhile buy for anyone looking to invest in the hospitality industry.
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