2 bed flat for sale

Old Gloucester Street, London WC1N

Our latest listing is a property portfolio comprising two self-contained flats within a single property, located in the highly desirable area of Gloucester, London.

The ground floor flat features 1 spacious bedroom, 2 bathrooms, and a well-appointed living area, providing comfortable and modern living space.

The basement flat includes 1 bedroom, 1 bathroom, and a cozy open-plan layout, ideal for single occupants or couples.

Investment details

It currently produces an annual gross income of £51,600 which could be increased by the new owner to a market rate of £72,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.