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Burton Street, Cheltenham, GL50

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

SIZE

1,539 sq ft

143 sq m

TENURE
Describes 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

  • Fully Refurbished Five-Bedroom HMO
  • 10.00% Gross Yield At The Asking Price
  • NO ONWARD CHAIN
  • Rental Income Of £2,500 PCM (£30,000 Per Annum)
  • New Tenancy Agreed From September
  • Five Spacious Double Bedrooms
  • Two Contemporary Shower Rooms
  • Large Communal Lounge And Kitchen/Dining Room
  • Private Courtyard Garden
  • Walking Distance To FCH Campus And Cheltenham Town Centre

Description

Fully Refurbished Five-Bedroom HMO Investment – 10.00% Gross Yield – Tenancy Agreed From September – No Onward Chain

Offered to the market with no onward chain, this exceptional five-bedroom HMO presents a fantastic turnkey investment opportunity with a new tenancy already agreed from September, generating £2,500 per calendar month (£30,000 per annum) with utility bills included. At the asking price of £300,000, the property delivers an impressive 10.00% gross yield, making it an excellent opportunity for investors seeking immediate rental income from completion.

Having undergone a comprehensive refurbishment, the property has been finished to an excellent standard throughout, creating stylish and practical accommodation that appeals to both professional and student tenants. Combining attractive period character with modern fixtures and fittings, the home offers low-maintenance ownership with excellent long-term rental potential.

Occupying a highly convenient position within easy walking distance of the Francis Close Hall campus, Cheltenham town centre and an extensive range of shops, cafés, restaurants and everyday amenities, the property benefits from consistently high tenant demand and an established rental location.

Arranged over multiple floors, the accommodation comprises five generous double bedrooms, each offering bright and well-proportioned living space designed to maximise both comfort and practicality for shared occupation.

Supporting the accommodation are two contemporary shower rooms, both finished to a modern standard and providing excellent facilities for multiple occupants.

At the heart of the property is a spacious communal lounge, creating an inviting area for tenants to relax and socialise. The adjoining kitchen/dining room is equally impressive, featuring a comprehensive range of storage units, generous worktop space and integrated appliances including an electric oven, dishwasher and microwave, providing everything required for modern shared living.

Externally, the property benefits from a private courtyard garden, offering a low-maintenance outdoor space for tenants to enjoy throughout the year.

Parking is another valuable feature, with two residents' permit parking spaces available, together with additional unrestricted parking nearby—an increasingly sought-after benefit for properties in this central location.

Cheltenham continues to be one of the South West's strongest rental markets, supported by its thriving university campuses, major employers including GCHQ, vibrant town centre and excellent transport links. The property's central position places tenants within easy reach of parks, leisure facilities, public transport and the wide range of amenities the town has to offer.

With a tenancy secured from September, an annual rental income of £30,000 and a 10.00% gross yield at the asking price, this is a rare opportunity to acquire a fully refurbished HMO that offers immediate income alongside excellent long-term investment potential.

Early viewing is highly recommended to appreciate both the quality of the accommodation and the outstanding investment opportunity on offer.


EPC Rating: D

Parking - Permit

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.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
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.
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Burton Street, Cheltenham, GL50

Approximate location

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Affordability

Monthly repayments£1,505
Property: £ 300,000
Deposit: £ 30,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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.
Extension potential
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About Move Sales & Lettings, Cheltenham

1 Clarence Parade Cheltenham GL50 3NY
Industry affiliations:

Welcome to Move Property Sales & Lettings

Move Sales & Lettings is an multi award-winning estate agents and letting agents founded in Gloucestershire, with offices located in Cheltenham, Gloucester & Worcester. At Move, we pride ourselves on our new and fresh approach to property sales and lettings and are constantly challenging the traditional methods used by estate agents. Our objective is to improve the way in which our industry has operated for many years with the belief that both buyers and sellers deserve better.

Our goal is to build a reputation for outstanding customer service and with 180+ reviews from happy customers we have already started. We aim to make selling or letting your property stress and hassle free with our dynamic and clean cut approach. We look to build long term relationships with all of our clients and grow the company through a great reputation for customer care and satisfaction.

Here at Move Estate Agents we pride ourselves on being experts in our field. We provide tailor-made packages, innovative services and totally transparent and straightforward advice to our clients.

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Disclaimer - Property reference 7c60c154-4d98-4b6b-8cac-0d8eace60f1b. 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, Cheltenham. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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