Midland Road, Gloucester

For Sale - Offers in excess of, £350,000

bedrooms 4bathrooms 4receptions 4

Description

Murdock & Wasley Estate Agents are excited to offer a prime investment opportunity: a block of four one-bedroom apartments in a highly sought-after central location. Perfectly positioned near the city centre, hospital, and railway station, these apartments are an excellent choice for investors.

Each apartment features its own private entrance and offers spacious accommodation, including a kitchen, lounge, bedroom, and bathroom. Currently, two apartments are vacant, with the basement and top-floor units expected to become vacant in the next 6-8 weeks.

The current owner has held the property for many years and has historically rented each apartment for £595 per month. However, they acknowledge that this is well below the current market value, with the expected rent for each apartment now exceeding £750 per month.

Tenure

Freehold

Services

Mains water, electricity and drainage.

Local Authority

Gloucester City Council
Each Apartment Is A Council Tax Band: A

Awaiting Vendor Approval

Details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.

  • 4 x One Bedroom Apartments
  • Freehold
  • No Onward Chain
  • Sold with Vacant Possession
  • Central Location Close To The City Centre and Hospital
  • Enclosed Garden
  • Potential Yield in Excess Of 10%
  • Fantastic Investment Opportunity
  • EPC Ratings: (2 x D) & (2 x E)
Floorplan for Midland Road, Gloucester
EPC Graph for Midland Road, Gloucester

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