8 bedroom flat for sale

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8 bedroom flat for sale

Steam Mills, Cinderford, GL14
£365,000

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
Price Change -17.05%

Description

This 8-bedroom flat house in Cinderford is currently operating as a HMO and offers a lucrative investment opportunity for investors. The property features 6 bedrooms, 4 bathrooms, a lounge, and a kitchen, as well as two additional one-bedroom flats. With its prime location and proximity to valuable amenities, it can generate significant rental returns, currently producing an annual gross income of £46,992, which could be increased to £48,000 with market-rate tenants. The property's investment potential is substantial, making it an attractive addition to any portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.