4-bedroom terraced house · GL1 4HB
Listing removedListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no chain & tenants in situ* This four bedroom multi-let is being sold with tenants in situ, making it a fantastic buy to let opportunity!
This house is currently being used as a mini HMO and has had long standing tenants for several years.
Accommodation comprises of an entrance hall leading onto the first double bedroom, leading down the hall is the communal living space, to the rear of the property is the kitchen and the family bathroom.
There is access to the stairs from the hall and the access point to the cellar. The first floor accommodation comprises of two double bedrooms and one single bedroom. There is an enclosed rear garden.
This property is located in the heart of Gloucester and is close to many amenities.
The closest primary school is Al Ashraf Primary School (< 50 yards), the closest secondary school is Al-Ashraf Secondary School for Girls (410 yards).
Bartongate Surgery is the closest gp practice, this is just a short 380 yards from this property.
Gloucestershire Royal Hospital is only a short 0.6 miles from Stratton Road - meaning this will make a fantastic rental for a working professional!
The current rental estimate would allow for an approximate rental yield of 12.8%! Call us now to book a viewing!
Cellar (5m x 4.6m) The cellar is a fantastic space that is currently being used as extra storage space! Lounge (3.63m x 3.53m) The lounge is currently being used as a double bedroom and is rented.
There is a double-glazed window to the front which allows for maximum natural light.
Dining Room (3.63m x 3.53m) The dining room is a spacious communal area and has a double-glazed window to the rear which overlooks the enclosed rear garden.
Kitchen (3.02m x 2.3m) The kitchen is to the rear of the property and allows access to the enclosed rear garden. The kitchen has room for renovation.
Bathroom (2.36m x 1.85m) The bathroom is to the rear of the property and currently has a three-piece suite in place, this includes a bath with an overhead shower, a wash basin and a toilet.
Bedroom 1 (4.6m x 3.63m) Bedroom one is a double bedroom with a double-glazed window to the rear. Bedroom 2 (3.63m x 3.53m) Bedroom two is a double in size.
Bedroom 3 (3.05m x 2.36m) Bedroom three is a single bedroom and has a double-glazed window to the rear.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 54, Stratton Road, Gloucestershire
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