10 bed semi-detached house for sale

Bristol Road, Gloucester GL1

Exciting opportunity for investors- large HMO achieving 10% yield with potential for improvement. This elegant 10 bed period house is licensed for 14 persons (current occupancy of 12). The house has been successfully run for the last ten years by the Landlord who is now looking to retire. It is nicely presented with large, airy rooms over four floors and there is scope for yet more improvement if desired. Lovely, flexible tenants - easy property to manage!

There is on street parking to the front of the property and a large free car park directly to the rear of the house. The house was fully refurbished 10 years ago and boasts 6 Ensuites, 2 full communal bathrooms and a separate toilet. There is a very large kitchen with two sinks, 2 cookers. Dishwasher, microwaves, fridge freezers etc. Together with ample cupboard space. The house is fully licensed for up to 14 persons with a current gross income in excess of £66k per annum with potential of further income from the caretaker's accommodation.

The lower ground floor benefits from its own access via the front and rear aspect of the property. The rear of the property has a garage with a large utility/laundry room, undercover bike storage and double gates leading out to the car park and play area. The courtyard garden has a sunny disposition during the summer months for recreational seating.

On the lower ground floor you have a large Living/Dining area with the open plan kitchen which leads out to the garden. On this floor there is 1 double ensuite and 1 large double with a communal bathroom next door.

On the Ground Floor is the main entrance to the house along with 2 large ensuite bedrooms and 1 large double with a shower and basin.

The First Floor has 3 double bedrooms (1 with a kitchenette area) and 1 with a basin. A further double ensuite bedroom can be found next to a full communal bathroom and a separate toilet.

The Second Floor has a double bedroom with ensuite shower and toilet, a separate small kitchen and a large separate walk in storage cupboard.

3D tour available - please view prior to viewing request.

**EPC exempt **

EPC Rating: F