>
Worcester Parade, Gloucester GL1 6 bed terraced house for sale
Worcester Parade, Gloucester GL1
£350,000
Worcester Parade, Gloucester GL1
£350,000
Our Summary
- The basement presents an exciting opportunity for further development, adding value to the property and potentially increasing rental income
- With its well-maintained interior, potential for further development, and high gross yield, this property is a rare find in the current market
- Overall, this 6-bedroom terraced house is a sound investment opportunity in a prime location, offering both immediate rental income and potential for future growth
Description
This 6-bedroom terraced house in a prime location offers a fantastic opportunity for an investor to acquire a fully let HMO property with a gross yield of over 10%. The property features a well-equipped kitchen, six large double bedrooms, and a basement that presents an exciting opportunity for further development, adding value and potentially increasing rental income. The property is situated close to the hospital and town centre, making it convenient for residents, and has a low maintenance garden area. With an EPC rating of D, the property ensures energy efficiency and lower utility costs. Overall, this property is a rare find in the current market, offering both immediate rental income and potential for future growth, making it a sound investment opportunity for anyone looking to own a profitable HMO asset.