Offers over
£395,000
8 bed semi-detached house for saleCinderford GL14
8 beds
4 baths
3 receptions
- Freehold
Let Property
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About this property
Multi-Unit Property
A Portfolio of HMO and Residential Units
Buy-to-Let Opportunity
Long Term Tenants Currently Situated
Shared Facilities for HMO unit
Self-contained 1-bedroom Flats
Likely to attract enquiries from Serious Investors & Developers
Investment potential detailed below (Let Property Pack)
A portfolio of HMO and residential units located in Cinderford. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.
For investors looking for a rewarding investment, this is a brilliant opportunity!
This property comprises a six-bedroom unit currently used as an HMO, along with two self-contained one-bedroom flats. The HMO unit features two bathrooms, a shared kitchen, and a lounge, while each self-contained flat includes its own bathroom, lounge, and kitchen. All units have access to a shared backyard for added convenience.
Investment details
It currently produces an annual gross income of £46,992 which could be increased by the new owner to a market rate of £48,000 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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