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
£530,000

Our Summary

  • Investment Opportunity – Fully Let HMO with Separate Apartment
  • Auctioneer's CommentsThis property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")

Description

This investment opportunity is a fully let HMO with a self-contained one-bedroom apartment, generating a significant rental income of approximately £58,000 per year, offering a 10% yield. The property, located on the popular London Road, is ideal for commuters to Gloucestershire Royal Hospital and the City Centre. The HMO 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 apartment, accessed via the side of the building, features a living room, kitchen, double bedroom, and private rear courtyard. The property includes all furniture and has off-road parking for multiple cars and a low-maintenance courtyard.
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