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See how verdicts work5-bedroom house · GL50 3LG
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Five-Bedroom HMO Investment Opportunity – Tenants In Situ – 9.93% Gross Yield – No Onward Chain Offered to the market with no onward chain , this excellent five-bedroom HMO investment opportunity provides an attractive chance to acquire an established rental property with tenants already in situ and currently paying £2,400 per calendar month (£28,800 per annum) Offered at a guide price of £290,000 , the property delivers an impressive 9.93% gross yield , making it an appealing addition for investors seeking immediate rental income and strong long-term potential.
Situated in a highly desirable and well-connected area of Cheltenham, the property benefits from a strong rental location with consistent tenant demand from both professionals and students.
Its proximity to Francis Close Hall campus, Cheltenham town centre and a wide range of local amenities makes it particularly attractive for occupiers seeking convenience and accessibility.
The accommodation is arranged over multiple floors and comprises five well-proportioned bedrooms , providing comfortable shared living accommodation with excellent rental appeal.
Each room offers practical living space, making the property well suited to the established HMO market.
The property is supported by two shower rooms , providing essential facilities for multiple occupants, alongside a spacious communal lounge creating a comfortable area for tenants to relax and socialise.
The kitchen and dining space forms a practical hub of the property, offering a good range of storage, preparation space and appliances, providing everything required for modern shared accommodation.
Externally, the property benefits from a private courtyard garden, offering a useful outdoor space for tenants to enjoy and adding further appeal to the accommodation.
Cheltenham remains one of the South West’s strongest rental markets, supported by its thriving university campuses, major employers, excellent transport links and vibrant town centre.
The property’s position provides easy access to shops, restaurants, cafés, leisure facilities, parks and the many attractions the town has to offer.
With existing tenants in situ, an annual rental income of £28,800 and a 9.93% gross yield at the asking price , this represents an excellent opportunity for investors seeking a ready-made income-producing HMO in a proven rental location.
Early viewing is highly recommended to appreciate the accommodation, location and investment potential on offer. Parking - Permit
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 6 Ambrose Street, Cheltenham
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