Old Gloucester Street, London WC1N 2 bed flat for sale

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Old Gloucester Street, London WC1N 2 bed flat for sale

Old Gloucester Street, London WC1N
£735,000

Price History

Initial price £1,000,000
22/08/24 £900,000
29/08/24 £895,000
07/09/24 £890,000
14/09/24 £850,000
18/09/24 £825,000
21/09/24 £845,000
07/10/24 £825,000
10/10/24 £820,000
17/10/24 £800,000
24/10/24 £795,000
30/10/24 £790,000
06/11/24 £785,000
13/11/24 £780,000
20/11/24 £775,000
26/11/24 £770,000
04/12/24 £765,000
11/12/24 £760,000
18/12/24 £755,000
01/01/25 £750,000
08/01/25 £745,000
14/01/25 £740,000
29/01/25 £735,000
Price Change -26.50%

Description

This property is a 2-flat development in Gloucester, London, comprising one 1-bedroom, 2-bathroom flat on the ground floor and one 1-bedroom, 1-bathroom flat in the basement. The property is in close proximity to amenities and currently generates an annual gross income of £51,600, with potential to increase to £72,000 with a new owner. The property is well-maintained, featuring spacious rooms, a modern kitchen, lounge, and bathroom. The current tenants, who have been in residence for several years, have consistently paid their rent and have no plans to move out. This presents a fantastic opportunity for investors to expand their portfolio, with a worthwhile addition to their property holdings.