London Road, Gloucester, GL1
- PROPERTY TYPE
Detached
- BEDROOMS
7
- BATHROOMS
6
- 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
Key features
- Outside Courtyard
- Kitchen with Utility
- Parking For Multiple Cars
- Recently Renovated Throughout
- Close to Gloucester Royal Hospital
- Self Contained 1 Bedroom Garden Apartment
- 6 Bedroom HMO- Fully Let + Apartment
Description
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.
Garden
Large courtyard garden to rear
- 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.
- Ask agent
- 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.
- Private garden
- 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
Energy performance certificate - ask agent
London Road, Gloucester, GL1
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About Move Sales & Lettings, Gloucester
2 Longsmith Street, Gloucester, GL1 2HH
Your mortgage
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Visit our security centre to find out moreDisclaimer - Property reference 2a2692bb-6d35-44e0-a445-8ee221fdcdbe. 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 Move Sales & Lettings, Gloucester. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Move Sales & Lettings, Gloucester on 01452 228754.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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