5 bed terraced house for sale

Burton Street, Cheltenham GL50

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