Bristol Road, Gloucester, Gloucestershire, GL1
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
A rare opportunity to acquire this substantial Grade ll listed Georgian townhouse located within walking distance of the historic Gloucester Docks and Gloucester Quays development.
This property offers an unbelievable investment opportunity. This has the potential for 10 rentable rooms at £550 per month on average. This would bring in £66,000 annual turnover potentially offering a 11% Yield.
The owner currently uses the basement for themselves and one of the ground floor rooms. They rent out the remaining rooms under a HMO licence currently generating £33,000 turnover.
The property has been sympathetically updated throughout by the current owners whilst maintaining many original features.
Currently a HMO with a new license in place. there is versatile accommodation throughout with the property being perfectly suited for a large family or an investor(with six rooms currently let with the potential of more available).
The current layout is over four floors with steps from the front leading up to an entrance porch through into a large, welcoming entrance hall, giving access to a reception room/Sitting room, large kitchen, utility room and bedroom. On the first floor there are three bedrooms and a four-piece bathroom. On the second floor there are three further bedrooms and a shower room. The property is warmed by gas central heating.
On the lower ground floor is a beautifully presented, self-contained apartment offering a generous size lounge, reception/office, kitchen/breakfast room, utility room, large double bedroom with a modern end-suite shower room and an additional shower room. To the rear is a private, enclosed garden with a 31ft garage/workshop and brick-built garden store. Gated access leads onto a one-way street with a large parking area beyond.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Bristol Road, Gloucester, Gloucestershire, GL1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gloucester Station0.9 miles
About the agent
CGT Sales Ltd, Cheltenham
119 Promenade, Cheltenham, GL50 1NW
With over 30 years of experience in the property market CGT have always taken pride in our huge knowledge of the local property market and about being a family business whose Directors, David and Paula Baldwin and our managing director Angharad Trueman are involved in all aspects of the business assisted by an experienced and professional team dedicated to providing an outstanding service.
We have a network of offices in that maintains a strong presence in the towns of Cheltenham, Glouc
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 10432264. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CGT Sales Ltd, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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