Studio flat for sale

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Studio flat for sale

St Aldate Street, Gloucester, GL1
£45,000

Price History

Initial price £50,000
03/04/25 £45,000
Price Change -10.00%

Description

This one-bedroom studio apartment is a perfect investment opportunity for a landlord, currently occupied by a tenant paying £495 per month, with potential rental income of £7,500 per year. The property is located in Gloucester City Centre, within walking distance of the train station, hospital, and motorway links. The apartment features a well-appointed kitchen, double bedroom, and three-piece bathroom, with a communal courtyard and rear/side access. The property is being sold with a buyer's fee and a non-refundable reservation fee of 3.6% of the winning bid, payable in addition to the purchase price. The auction will take place on April 30th, 2025, and the buyer is advised to review the legal documents and seek legal advice before bidding.