Worcester Street, Gloucester GL1 Plot for sale

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Worcester Street, Gloucester GL1 Plot for sale

Worcester Street, Gloucester GL1
£250,000

Price History

Initial price £500,000
29/08/25 £485,000
12/09/25 £250,000
Price Change -50.00%

Description

A rare development opportunity in Gloucester City Centre has been granted planning permission for a purpose-built apartment building with 14 apartments spread over four floors, featuring a courtyard area and bin and bike store. The property is situated in a prime location, close to Gloucester Train Station, the Forum development, and Gloucester Quays. The estimated GDV is £2.17 million, with valuations anticipated in September 2025. The asking price is £485,000, and the seller is open to flexible purchase terms, including an initial payment with the balance to be settled on completion of the build. Additionally, the seller is willing to consider including a demolition option as part of the sale, offering buyers a clear route to unlocking the site's full potential.