Summary - 54 STRATTON ROAD GLOUCESTER GL1 4HB
4 bed 1 bath Terraced
Chain-free buy-to-let near hospital and public transport, immediate rental income.
Tenants in situ — currently a 4-bed multi-let
A four-bedroom mid-terrace Victorian property offered chain-free with tenants in situ — built and operated as a multi-let, it suits a buy-to-let investor seeking immediate income. The house sits in central Gloucester, a short walk from Gloucestershire Royal Hospital and local schools, which supports steady rental demand from students and healthcare professionals.
Accommodation is straightforward: ground-floor communal space, kitchen, family bathroom and a double bedroom, with three further bedrooms upstairs and cellar access. The property is freehold with mains gas central heating, fast broadband and excellent mobile signal. The advertised rental yield is strong (approx. 12.8%).
Practical drawbacks are clear and important: the property is in a very deprived area with high local crime rates, the kitchen is dated (mid-20th-century fittings, vinyl flooring, single-glazed window) and the building likely has solid brick walls with no insulation. There is one bathroom for four bedrooms and the small rear garden limits outside space.
This is a hands-on investment: long-standing tenants provide income now, but the house will benefit from modernization to secure higher rents or different tenant profiles. Factor in refurbishment costs and potential safety or licensing checks for HMO use before purchase.
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