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Presenting an exceptional investment opportunity in the heart of Severn Beach, this substantial seven-bedroom detached house offers a rare blend of period charm and contemporary functionality, perfectly tailored for the discerning investor or those seeking a premium turnkey HMO property. Licensed for seven bedrooms and currently yielding an impressive 7.5 percent after costs, this property is fully occupied with tenants in situ, ensuring a seamless transition and immediate income generation.
The house, dating from the 1930s, retains characterful features while embracing modern upgrades, including secure digital locks on all bedroom doors for enhanced peace of mind and removing the issue of tenants needing new keys after losing them! The thoughtfully designed layout features an expansive open plan kitchen diner, ideal for both social gatherings and practical day-to-day living.
Here, a striking iron sink, double extractor hood, Rangemaster double oven, and integrated dishwasher create a chef’s haven, complemented by stylish fixtures and fittings included in the sale.
The adjoining utility room provides additional convenience for shared living. Each of the five principal bedrooms commands a rental of ÂŁ800 per month, with a further bedroom at ÂŁ675 and another at ÂŁ400, offering a balanced range of accommodation for a variety of tenants. For those seeking to maximise returns, there is clear potential to create two additional bedrooms, further enhancing the already robust yield. With 4 years remaining on the current license.
The property also benefits from a large garage and off-road parking for up to five vehicles (a rare advantage in this sought-after area), making it highly attractive to professionals and families alike. Residents enjoy swift access to the motorway network, ensuring effortless commutes to Bristol, Gloucester, and beyond.
Severn Beach itself is renowned for its welcoming community, a harmonious blend of families and professionals, and boasts an array of local amenities including a reputable primary school, charming cafés, independent shops, and scenic walking routes. This unique offering is truly turnkey ready, presenting an outstanding opportunity for investors seeking a high-performing, low-maintenance asset in a thriving village location.