London Road, Gloucester GL1 7 bed detached house for sale

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London Road, Gloucester GL1 7 bed detached house for sale

London Road, Gloucester, GL1
£595,000

Our Summary

  • Investment Opportunity – Fully Let HMO with Separate Apartment

Description

This investment opportunity is a fully let HMO with a separate one-bedroom apartment, generating a substantial £58,000 rental income per year, offering a 10% yield. The property is situated on the popular London Road, ideal for commuters to Gloucestershire Royal Hospital and the City Centre. The HMO itself spans three floors, blending modern upgrades with character features such as wooden beams and exposed brickwork. The property features a spacious open-plan living/dining area, well-equipped kitchen, separate utility room, and six double bedrooms, four with en-suites. The separate apartment is accessed via the side of the building and features a living room, kitchen, and private rear courtyard. The property includes all furniture and offers off-road parking for multiple cars and a low-maintenance courtyard.