9 Parliament Street
A stone’s throw from Gloucester Docks
Parliament Street is a quirky townhouse, located just steps from Gloucester Docks and the city center. We bought this 5-bedroom HMO with tenants in place to generate cash flow while we worked on other refurbishment projects.
Originally, the property was let out as individual rooms to professionals. Over time, during void periods, the rooms have been renovated and the kitchen and shower rooms updated.
Before
After
Full renovation of the property
Recently, the property underwent a full renovation to convert it into a supported living house, including the creation of an en-suite bedroom on the lower ground floor and landscaping of the back garden.
Purchased in 2019, the property has increased in value by £135k through capital growth and refurbishment. The property now generates £2,300 per month.