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Steam Mills, Cinderford GL14 5 bed flat for sale
Steam Mills, Cinderford GL14
£365,000
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.