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Westgate Street, Gloucester GL1 3 bed apartment for sale
Westgate Street, Gloucester GL1
£250,000
Westgate Street, Gloucester GL1
£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
- Investment Opportunity
Description
This property presents a fantastic investment opportunity, comprising a freehold ground floor retail unit and two separate apartments, both with tenants in place. The landlord has recently upgraded the property with air source heat pumps in both apartments, and the ground floor shop, store, and stairwells provide easy access to the residential areas. The two-bedroom flat is currently rented for £695 per month and the one-bedroom flat for £680 per month, with minimal input required from the vendor. The property also features 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.