Hunters are proud to present this fabulous opportunity to acquire an eight-bedroom HMO property in a thriving part of Cheltenham, close to GCHQ, the M5 Junction 11 and Cheltenham railway station. The property would also suit upgrading to offer serviced lets to weekday business users and weekend holiday makers. Buyers may also wish to consider refurbishing the property back into very large four double bedroom family home with three large reception rooms and a large Kitchen Breakfast room. We believe the property has been considerably extended at some point in its life.
This excellent property is currently a licenced HMO and has previously been fully occupied at a rate of £100/week per room producing a yield in excess of 8%. (licence non-transferable)
Tennyson Road is situated at the centre of the famous conservation protected St Marks district of Cheltenham. The vibrant local community benefits from being within easy reach of big employer GCHQ but similarly close to Cheltenham town centre being on the border with Lansdown. Good quality accommodation in this area is always in big demand by people working in Cheltenham, Gloucester or those that regularly commute by Motorway or train. Interns at GCHQ are also fond of St Marks
The accommodation consists of:
Ground Floor: There are four large studio rooms on the ground floor, all large enough for en-suite facilities
First Floor: There are another four large suites, three rooms with their own facilities and an additional family sized bathroom servicing the forth room.
Outside: The property has off road parking to the side and the garden is mainly frontage with a small rear garden.
All viewings are strictly by appointment only.