5 bed property for sale

Goodyere Street, Gloucester GL1

Investment Opportunity – Fully Tenanted 5-Bedroom HMO – 11.2% Gross Yield

Situated on Goodyere Street, this well-presented five-bedroom HMO offers an excellent turnkey investment opportunity, currently achieving a strong gross annual income of £33,600 (11.2% yield).

The property has been recently updated to a good standard and is fully compliant for HMO use, providing attractive, modern accommodation for tenants. It is fully let with consistent rental income already in place, making it an ideal addition to any investor’s portfolio.

The accommodation comprises five well-proportioned rooms, including two rooms with en-suite facilities, alongside two communal shower rooms serving the remaining tenants. There is also a shared kitchen and communal space, designed to meet the needs of professional tenants.

Current room rents are as follows:

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  Room 1: £550 pcm
  
  
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  Room 2: £550 pcm
  
  
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  Room 3: £600 pcm
  
  
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  Room 4: £500 pcm
  
  
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  Room 5: £600 pcm