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4 bed property, in Westgate Street, £400,000
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4 bed terraced house

Westgate Street, Gloucester GL1
£400,000

Our Summary

  • 87 sq m) Current Rental Income Apartment One: £850 pcm Apartment Two: £800 pcm Apartment Three: £1,000 pcm The apartments generate a combined annual income of £31,800, with a potential additional income of £12,000 per annum from the office/shop space, thus offering a potential total annual income of £43,800
  • This property offers a unique investment opportunity with the potential for both commercial and residential income in a thriving city centre location

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Description

The property is a three-storey terraced building on Westgate Street, Gloucester City Centre, with a commercial unit on the ground floor and three residential apartments on the upper floors. The ground floor office space is 699 sq ft, while the first floor has two one-bedroom apartments totaling 1,086 sq ft and the second floor has a two-bedroom apartment totaling 528 sq ft. The total living area is 2,313 sq ft.