Steam Mills, Cinderford GL14 5 bed flat for sale

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Steam Mills, Cinderford GL14 5 bed flat for sale

Steam Mills, Cinderford GL14
£365,000

Price History

Initial price £440,000
20/09/24 £400,000
30/09/24 £395,000
07/10/24 £390,000
11/10/24 £385,000
17/10/24 £380,000
26/10/24 £375,000
31/10/24 £370,000
06/11/24 £365,000
13/11/24 £360,000
20/11/24 £400,000
05/12/24 £395,000
12/12/24 £390,000
19/12/24 £385,000
01/01/25 £380,000
08/01/25 £375,000
15/01/25 £370,000
30/01/25 £365,000
Price Change -17.05%

Description

This 8-bedroom flat house in Cinderford is currently operating as a HMO and offers a lucrative investment opportunity. With a current annual gross income of £46,992, the property has the potential to generate even more with a new owner, reaching a market rate of £48,000. The property features 6 bedrooms, 4 bathrooms, a lounge, and a kitchen, as well as two additional flats with one bedroom each. Its proximity to valuable amenities and ideal transport links make it an attractive option for investors looking to expand their property portfolio. With the potential for increased rental returns and a worthwhile purchase price, this property presents a fantastic opportunity for investors to reap the rewards.