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3 bedroom block of apartments for sale
Westgate Street, Gloucester
£250,000
Westgate Street, Gloucester
£250,000
Our Summary
- Fantastic Investment Opportunity with room for further development*- The block comprises of a freehold vacant ground floor retail unit with two separate apartments being sold with tenants in place
- *subject to the relevant planning consents
Description
This fantastic investment opportunity consists of a freehold block of a retail unit and two apartments, with tenants in place. The block has undergone recent renovations, including the installation of Air Source Heat Pumps in both apartments. The ground floor retail unit offers a spacious commercial space, while the two apartments, a two-bedroom and a one-bedroom, are currently generating a combined £1,375 per month in rental income. The property benefits from a south-facing garden to the rear and is conveniently located near the town centre. With potential for further development subject to relevant planning consents, this property presents a unique investment opportunity.