Worcester Street, Gloucester GL1 Plot for sale

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Worcester Street, Gloucester GL1 Plot for sale

Worcester Street, Gloucester GL1
£350,000

Our Summary

  • A rare opportunity for development in Gloucester City Centre
  • The planning permission has been granted to accommodate a purpose built apartment building of 14 Apartments spread over FOUR floors, benefitting a court yard area, bin and Bike store
  • Summary - Planning ref
  • DEVELOPMENT OPPORTUNITY
  • Development opportunity

Description

A rare opportunity for development in Gloucester City Centre has been granted planning permission for a purpose-built apartment building with 14 apartments spread over four floors, featuring a courtyard area and bin and bike store. The property is situated in a prime location, offering easy access to Gloucester Train Station, the vibrant new Forum development, and the popular Gloucester Quays. The development is expected to have a gross development value of £2,170,000, with estimated valuations of £140,000 for one-bedroom apartments and £175,000 for two-bedroom apartments. The property is located in Gloucester, a Cathedral City with a mix of commercial, retail, residential, and government buildings in the surrounding area. The tenure is freehold.