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3 bedroom terraced house for sale
Gloucester Road, Ross-On-Wye HR9
£245,000
Gloucester Road, Ross-On-Wye HR9
£245,000
Our Summary
- With a vacant possession value of approximately £375,000, this investment offers exceptional long-term capital growth potential for a patient buyer
- This is a genuinely outstanding investment opportunity
Description
This is a rare investment opportunity to acquire a well-located, three-bedroom Victorian mid-terraced property in Ross-on-Wye, with a sitting tenant paying £9,000 per annum. The property, which has a vacant possession value of £375,000, is being sold at a substantial discount due to the tenant's long-term occupation. The property features period details throughout, including fireplaces, stair balustrades, and cornices, and benefits from a private rear garden, garage, and front garden. The sitting tenant, a retired husband and wife, is paying £750 per month, with the next rent review due in 2027. The property is being sold with an EPC rating of "F", but the owner has qualified for an Eco4 Grant to upgrade the energy rating to "E" or above. With its excellent transport links and strong local demand, this property offers exceptional long-term capital growth potential for a patient buyer.