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8 bedroom semi-detached house for sale
Steam Mills, Cinderford, GL14
£340,000
Steam Mills, Cinderford, GL14
£340,000
Price History
Initial price | £440,000 |
20/09/24 | £400,000 |
27/09/24 | £395,000 |
04/10/24 | £390,000 |
11/10/24 | £385,000 |
17/10/24 | £380,000 |
24/10/24 | £375,000 |
31/10/24 | £370,000 |
07/11/24 | £365,000 |
13/11/24 | £360,000 |
20/11/24 | £400,000 |
05/12/24 | £395,000 |
11/12/24 | £390,000 |
19/12/24 | £385,000 |
01/01/25 | £380,000 |
08/01/25 | £375,000 |
17/01/25 | £370,000 |
30/01/25 | £365,000 |
27/02/25 | £360,000 |
12/03/25 | £355,000 |
19/03/25 | £350,000 |
25/03/25 | £345,000 |
02/04/25 | £340,000 |
Price Change | -22.73% |
Description
This portfolio of HMO and residential units in Cinderford offers a fantastic investment opportunity for those looking to generate rental returns. The property comprises a six-bedroom HMO unit and two self-contained one-bedroom flats, each with its own bathroom, lounge, and kitchen, as well as access to a shared backyard. The HMO unit currently produces an annual gross income of £46,992, which could be increased to £48,000 with tenants already in place. With a purchase price that yields a worthwhile addition to an investor's portfolio, this property is a brilliant opportunity for those looking to expand their investment portfolio.