£350,000
Est. Mortgage £1,597 per month*

6 bedroom terraced house for sale

Worcester Parade, Gloucester GL1
terraced house terraced house
bedrooms 6 bedrooms

Property description

This grand and meticulously maintained 6-bedroom terraced house offers the perfect opportunity for an investor looking for a fully let HMO property in a prime location. Boasting a fantastic gross yield of over 10%, this property is a lucrative investment.

As you step into the property, you are greeted by a well-equipped kitchen, ideal for shared living spaces in a HMO setup. The property features six large double bedrooms, providing ample accommodation for tenants. The basement presents an exciting opportunity for further development, adding value to the property and potentially increasing rental income.

Situated in close proximity to the hospital and town centre, this property offers convenience for residents who rely on these amenities. The council tax band B places the estimated cost at £1,747.01 per annum, making it an attractive option for both investors and tenants alike.

The low maintenance garden area complements the property, providing a tranquil space for relaxation or entertaining during warmer months. The EPC rating of D ensures energy efficiency, contributing to lower utility costs for occupants.

This property presents a unique opportunity for an investor to acquire a profitable HMO asset in a sought-after location. With its well-maintained interior, potential for further development, and high gross yield, this property is a rare find in the current market.

Overall, this 6-bedroom terraced house is a sound investment opportunity in a prime location, offering both immediate rental income and potential for future growth. Don't miss the chance to own this fantastic HMO investment property with great earning potential and a strong appeal to tenants looking for a well-equipped, centrally located residence.
EPC Rating: D

Interested in this property?

Check Your Credit Report & Score

Property photos

Worcester Parade, Gloucester GL1

Marketed by

Move Estate Agents & Lettings - Gloucester 2 Longsmith Street Gloucester GL1 2HH
Call agent on 01452 768053
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Household income£
Monthly repayment
£1,597
We think you can borrowAdd your household income

Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Gloucester

Worcester Parade, Gloucester GL1 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Move Estate Agents & Lettings - Gloucester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Move Estate Agents & Lettings - Gloucester for full details and further information.