Offers over
£300,000
5 bed property for saleGoodyere Street, Gloucester GL1
5 beds
4 baths
2 receptions
EPC Rating: D
About this property
Gross yield of 11.2%!
Fully tenanted five-bedroom HMO
Two en-suite bedrooms
Modernised throughout
Perfect location for professionals and students
Fantastic ready made investment
Within a short distance to Gloucester City Centre and Gloucester Royal Hospital
EPC D with potential of EPC C
2 Ensuite rooms
Situated on Goodyere Street, this well-presented five-bedroom HMO offers an excellent turnkey investment opportunity, currently achieving a strong gross annual income of £33,600 (11.2% yield).
The property has been recently updated to a good standard and is fully compliant for HMO use, providing attractive, modern accommodation for tenants. It is fully let with consistent rental income already in place, making it an ideal addition to any investor’s portfolio.
The accommodation comprises five well-proportioned letting rooms, including two rooms with en-suite facilities, alongside two communal shower rooms serving the remaining tenants. There is also a shared kitchen and communal space, designed to meet the needs of professional tenants.
Current room rents are as follows:
Room 1: £550 pcm
Room 2: £550 pcm
Room 3: £600 pcm
Room 4: £500 pcm
Room 5: £600 pcm
EPC Rating: D
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Tenure
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Ground rent
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