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8 bedroom 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 |
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.