About this property

Anadear Estates is delighted to present this highly versatile Grade II listed Georgian building, ideally positioned in the heart of Stroud town centre. This is an exceptional opportunity for investors seeking a mixed-use commercial and residential property with strong existing income, multiple access points and significant future development potential.

Extending to approximately 3,200 sq ft across four floors, the property is currently arranged with a commercial premises on the ground floor, formerly operating as a popular tea room, while the first and second floors are configured as a successful House in Multiple Occupation (HMO). The HMO benefits from its own independent rear access via the gated parking area, allowing the residential accommodation to operate separately from the lower levels.

One of the property’s greatest strengths is its flexibility. The lower ground floor is proposed as a spacious self-contained apartment and would be sold with the freehold of the building. The current ground floor benefits from planning permission for either a guest house or a self-contained apartment, creating further development potential. Combined with the established HMO business on the upper floors, this provides an attractive opportunity for a range of residential, commercial or mixed-use investment strategies, subject to the necessary consents.

The property has been sympathetically updated in recent years while retaining an abundance of original Georgian character, including sash windows, fireplaces and period detailing. Internally, there are approximately 20 rooms across the building, including multiple bedrooms, communal kitchen facilities, bathrooms, a shower room and separate W/Cs.

Externally, the property benefits from a generous gated driveway and off-road parking to the rear, recently resurfaced with new tarmac and providing parking for several vehicles—an increasingly rare feature within such a central town location.

The existing HMO business provides a strong and established income stream, having previously been advertised as generating a gross rental income of approximately £62,520 per annum, with scope for further growth.

The property is available as a whole with a guide price of £750,000, representing excellent value compared to purchasing the individual elements separately.

Alternatively, the property can be acquired in the following sections:

* Lower Ground Floor Apartment (Freehold): £250,000 (guide price may be adjusted to £220,000). The freehold includes ownership of the building together with the rear car park, excluding five allocated parking spaces retained for the leasehold properties. The freehold benefits from the remainder of the parking area.

* Ground Floor Apartment / Commercial Unit (Leasehold): £180,000. Benefits from planning permission for either a guest house or a self-contained apartment and includes one allocated parking space.

* First & Second Floors – Established HMO Business (Leasehold): £350,000. Includes the successful HMO operation together with two allocated parking spaces.

Situated in the heart of Stroud, the property is just moments from a wide range of amenities, including independent shops, supermarkets, cafés, restaurants, bars, a post office and the town’s renowned weekly farmers’ market. Surrounded by the beautiful Cotswold countryside, Stroud offers an excellent lifestyle while benefiting from outstanding transport connections, including direct rail services to London Paddington in approximately 90 minutes. Bath and Bristol are both within approximately 45 minutes by car.

This is a rare opportunity to acquire a characterful and adaptable investment property with established income, valuable planning potential, flexible ownership options and an enviable town centre location.