London Road, Gloucester, GL1

Investment Opportunity – Fully Let HMO with Separate Apartment

A six-bedroom, fully let HMO with a self-contained one-bedroom apartment, generating approx. £58,000 rental income per year, offering a c.10% yield. Fully occupied by professional tenants.

Prime Location
Situated on the popular London Road, ideal for commuters to Gloucestershire Royal Hospital and the City Centre.

The HMO
Spanning three floors, this recently refurbished property blends modern upgrades with character features, including wooden beams and exposed brickwork.

• Spacious open-plan living/dining area, tastefully furnished

• Well-equipped kitchen with ample storage, lockable cupboards, multiple fridge/freezers, oven, and microwave

• Separate utility room with additional fridge/freezers and washing machines

• First-floor communal bathroom with walk-in shower, wash basin, and WC

• Six double bedrooms, four with en-suites; the top-floor rooms feature period details

• All furniture included in the sale

• Off-road parking for multiple cars and a low-maintenance courtyard

The Apartment
Accessed via the side of the building, this self-contained one-bedroom apartment features:

• A living room with an adjoining kitchen

• A double bedroom

• Private rear courtyard

For further details, contact Move Property Sales & Lettings.

Council Tax Band: D

Auctioneer's Comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.