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Chain free
Auction
Freehold

Guide price

£160,000

2 bed semi-detached house for sale

Morpeth Street, Gloucester GL1
2 beds
1 bath
Email agent

Guide price

£160,000

2 bed semi-detached house for sale
Morpeth Street, Gloucester GL1

    • 2 beds

    • 1 bath

Chain free
Auction
Freehold

About this property

  • Guide Price - **£160,000 - £180,000**

  • Brilliant investment Opportunity

  • 8% Yield

  • Grade II Listed 1855 Gothic Cottage

  • Semi-Detached With On-Street Parking

  • Private & Recently Landscaped Garden

  • Buyers Fee Applies

  • Pre Auction Offers Considered

  • Auction Pack Available On Request

** For Sale By Online Auction** Pre Auction Offers Considered** Guide Price - **£160,000 - £180,000**

A perfect investment opportunity for a landlord or a great family home for first-time buyers wanting to join the property ladder!

This 1855 Grade II listed semi-detached property is full of character & history as is located on a popular street just off Tredworth High Street and offers two bedrooms, an enclosed recently landscaped rear garden, large living and dining rooms, on-street parking, gas central heating, a new roof 6 years ago and no chain.

The property features a classic period layout comprised of the main living-dining space with stairs to the first floor, as well as access to a lean-to and a kitchen.

At the rear of the property, you will find the kitchen with convenient space for appliances and a range of base and drawer-mounted units and also houses the combination boiler.

Upstairs, you will find two double bedrooms, both with wooden flooring and high ceilings, alongside a smaller room, perfect for a study. The bathroom is fitted with a shower over the panelled bath as well as a pedestal wash hand basin, low-level WC, and uPVC double glazed frosted window to the rear aspect.

Its prime location offers convenient access to key destinations such as Gloucester City Centre, Gloucester Docks & Quays, Gloucester Train Station & Transport Hub for easy links to Cheltenham, Bristol and Stroud.

This property provides a brilliant buy-to-let opportunity, ensuring a potentially lucrative investment.

Additional Information -
Chain Free
Vacant Possession
Gas Central Heating
On-street parking
EPC Rating: Tbc
Freehold
Council Tax Band: A Gloucester
Floor Area: 78 sqm
Rental Income: Circa £1150 (approx £13,800 annually)

Modern Terms & Conditions -
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

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