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6 bedroom terraced house for sale
Bristol Road, Gloucester, Gloucestershire, GL1
£575,000
Bristol Road, Gloucester, Gloucestershire, GL1
£575,000
Price History
Initial price | £600,000 |
03/09/24 | £575,000 |
Price Change | -4.17% |
Description
This rare opportunity to acquire a substantial Grade II listed Georgian townhouse in Gloucester offers an unbelievable investment potential with the possibility of generating £66,000 annual turnover from renting out 10 rooms at £550 per month. The property has been sympathetically updated while maintaining many original features and is currently licensed as a HMO. The current owners use the basement and one ground floor room, and rent out the remaining rooms, generating £33,000 turnover. The property has versatile accommodation over four floors, with steps leading up to an entrance porch, a large kitchen, and three bathrooms. The lower ground floor features a self-contained apartment with a private garden, garage, and brick-built garden store. The Secured Sale process ensures transparency and reduces the buying process to an average of 40 days, providing a financially committed agreement for both buyer and seller.