1. Property photo 1 of 18
  2. Property photo 2 of 18
  3. Property photo 3 of 18
Chain free
Freehold

Offers over

£400,000

5 bed block of flats for sale

Southgate Street, Gloucester GL1
5 beds
5 baths
3 receptions
Email agent

Offers over

£400,000

5 bed block of flats for sale
Southgate Street, Gloucester GL1

    • 5 beds

    • 5 baths

    • 3 receptions

Chain free
Freehold
Reduced on 29/10/2024

About this property

  • Grade 2 Listed Townhouse with Freehold

  • Converted in to three Individual Self Contained Apartments

  • Planning Permission Granted to convert the Cellar to a 1 bedroom Apartment

  • Two x 2 Double Bedroom Apartments and a 1 Double Bedroom Apartment (with potential to convert loft space for additional bedroom)

  • Internal Viewing Advised

  • Located within immediate walking distance to Gloucester Quays Food Dock, Shopping Outlet and Canal

  • An Excellent Investment Opportunity Generating over £29,000 Per Year

  • Chain free

  • EPC tbc Council Tax Band Gloucester City Council

  • Ref LH0563

Rare Investment Opportunity: Three Self-Contained Apartments in a Grade II Listed Townhouse - Offered Chain-Free

Are you a savvy Buy-to-Let investor looking for a property that offers not just one, but three income-generating apartments—all under a single freehold?

This magnificent, Grade II listed townhouse presents a rare and highly attractive investment opportunity. Currently generating an impressive annual income exceeding £29,000, this substantial property is located in the heart of Gloucester, just a short stroll from the vibrant Gloucester Quays.

Property Overview:

The building comprises three generous, self-contained apartments, each with its own unique appeal:

- Ground Floor: A spacious two-bedroom apartment featuring a large living room, an en-suite master bedroom, a second bedroom, a kitchen/breakfast room, and a family bathroom. The property benefits from access to a charming courtyard garden, adding to its appeal.

- First Floor: Another well-proportioned two-bedroom apartment with a bright living room and offset kitchen. The master bedroom features an en-suite shower room, and there is an additional family bathroom.

- Second Floor: A one-bedroom apartment with open-plan living/dining/kitchen space, a double bedroom, and a bathroom. This apartment also offers significant potential—an expansive loft area at the front entrance could easily be converted into a second bedroom, increasing both the space and rental income.

This property offers immediate potential for rental income with scope for future development, making it a fantastic investment for the discerning buyer.

With its sought-after location, historical charm, and the added benefit of being offered **chain-free**, this is an unmissable opportunity for any investor looking to expand their portfolio in a thriving city centre.

Don't miss out on this unique opportunity. Schedule your viewing today and unlock the potential of this incredible property.

More information

Report this listing

eXp World UK

Logo of eXp World UK
Email agent