Marle Hill Parade, Cheltenham GL50 6 bed semi

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Marle Hill Parade, Cheltenham GL50 6 bed semi

Marle Hill Parade, Cheltenham GL50
£375,000

Our Summary

  • Also with potential to convert to a family home
  • Potential to convert to family home

Description

This unique property offers a rare opportunity to purchase a 6-bedroom, 2-bathroom HMO in a highly desirable location, yielding 10-11% rental income. Alternatively, it could be converted into a family home. Situated in Marle Hill Parade, the property is just a 5-minute walk from the University of Gloucestershire's FCH campus and is close to Cheltenham's popular Brewery Quarter, with its range of pubs, bars, restaurants, and local amenities. The property itself is neatly arranged over three floors, with six bedrooms, two bathrooms, a sitting room, and kitchen, and benefits from a low-maintenance rear garden with gated side access. With no onward chain, this property presents a lucky start for a first-time buyer or a savvy investor looking to capitalize on its high rental yield.