5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Southgate Street, Gloucester, GL1 2EZ
£400,000

Price History

Initial price £450,000
30/10/24 £400,000
Price Change -11.11%

Description

This rare investment opportunity presents a Grade II listed townhouse in the heart of Gloucester, offering three self-contained apartments under a single freehold. The property currently generates an impressive annual income of over £29,000 and boasts a unique charm, with each apartment having its own character. The ground floor features a spacious two-bedroom apartment with a courtyard garden, while the first floor has another well-proportioned two-bedroom apartment with an en-suite shower room. The second floor has a one-bedroom apartment with open-plan living space and a bathroom, with potential to convert the loft area into a second bedroom. The property is offered chain-free, making it an unmissable opportunity for investors looking to expand their portfolio in a thriving city centre. With its sought-after location and historical charm, this property is an excellent chance to unlock its potential and generate significant rental income.