8 bedroom semi-detached house for sale

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8 bedroom semi-detached house for sale

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.