Property Details: - Type: End of terrace house - Bedrooms: 8 - Bathrooms: 7
Agent: Parkers - Stroud Phone: 01453 571915
A fabulous Victorian end of terrace house located in Whitehall, in an area of town known as ‘Old Stroud’. The property was originally a fine family home, and has been for a number of years set up and run as an HMO with 8 units of different configurations (please see floorplan for an accurate idea of the layout). 'The current annual income is in excess of £56,000 ( Gross yeild 8.95% ), and the single tenants are each in an Assured Shorthold Tenancy.<br/><br/>This rare opportunity would provide an investor with a good income. There is also the possibility of returning the dwelling to its original form subject to planning. Please note that while there is no off-street parking with this property, free parking is available on all surrounding streets.<br/><br/> In Stroud, you will find a wide-ranging mix of cafes and shops and one of the best Farmers Markets in the country. Set against the beautiful backdrop of the Five Valleys, the town is nestled in dramatic Cotswold countryside. Most of the shops are owned by independent proprietors where you will find something for everyone, from fresh bread and cakes to specialist wines, fine quality meats and cheese. Stroud thrived on its woollen mills in the Industrial Revolution but is now the centre for the creative industries with writers and artists and the host of numerous festivals throughout the year. There are frequent and direct rail services run from Stroud to London Paddington, taking approximately 90 minutes. The M5 J13 and M4 J15 & J18 are also within easy reach for anyone looking to travel via car.
