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3 bed House - Mid Terrace - For Sale
Regent Street, Gloucester
£210,000

  • Investment opportunity with no onward chain
  • Three one bedroom apartments
  • In need of modernisation throughout
  • Tenants in situ for each apartment
  • Potential rental income of £1,500 pcm
  • EPC ratings E39, E46 & D63
*INVESTMENT OPPORTUNITY*

Situated on the outskirts of Gloucester City Centre, this mid-terraced Victorian property is separated into three one bedroom apartments all with tenants currently in situ generating a current rental return of £1,075 pcm. In need of modernisation throughout, the property makes for an ideal investment opportunity with a potential rental return following improvements of £1,500 pcm.

Accommodation

Located near Gloucester Park and on the edge of the historic city centre, this Victorian mid-terraced has been property converted into three one bedroom apartments offering much to buy-to-let investors with tenants currently in situ and the potential to review rents. Current rental income provided is £1,075 pcm across the three apartments.
The ground floor flat offers a spacious bay fronted lounge alongside bathroom and kitchen overlooking the rear garden. To the rear of the flat is the generous sized double bedroom leading through to an additional reception room, convenient to be used as a home office, whilst providing access to the rear garden which the apartment has sole use.
Continuing up the communal staircase to the first floor, the second apartment benefits from a spacious lounge to the front alongside bathroom and kitchen again overlooking the rear. Stepping down to the rear the double bedroom is found.
Finally on the top floor of the property is the last of the apartments benefitting from double bedroom, bathroom and open plan kitchen and living room to the front of the property.

Outside

Externally the property boasts an enclosed rear garden mainly laid to lawn which is the sole use of the ground floor flat, whilst the front of the property is laid to hard standing.

Location

An established residential area located within close proximity to Gloucester Park and a short walk to the historic city centre, Regent Street is a popular location for buy to let investors. With various local amenities alongside the benefits of the newly developed Gloucester Docklands and Quays offering various shopping, eateries and twelve screen cinema. Furthermore, the renovated bus and rail station provide the area to be an ideal location for commuters alongside easy access to the M5.

Local Authority, Services & Tenure

Freehold.
Gloucester City Council - Tax Band A.
Mains water, drainage and electric.

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01452 398010

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