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13 bedroom terraced house for sale
Worcester Street, Gloucester, Gloucestershire, GL1
£950,000
Worcester Street, Gloucester, Gloucestershire, GL1
£950,000
Price History
Initial price | £1,100,000 |
11/02/25 | £950,000 |
Price Change | -13.64% |
Description
This rare and fantastic investment opportunity in Gloucester offers a 5-story building with 13 large en-suite bedrooms, all with kitchen appliances, and some with kitchenettes. The property has been refurbished to a high standard, with potential to create a communal kitchen/lounge area, additional bathrooms/lounges, and kitchens. The two large basements include a commercial kitchen, bar area, and additional rooms, with the potential to create a HMO once fully licensed and applied for. The property features a 3-phase electric supply, gas central heating, and a private car park for approximately 10 vehicles. The estimated rental value for the double en-suite rooms is £750 per month each, with potential to split rooms and achieve £600 per month for rooms without en-suites. Overall, this property offers a significant earning potential of £9,750 per month, with room for further improvements and expansion. Located in central Gloucester, just a short walk from transport links and local amenities, this property is an exciting opportunity for investors.