Studio flat for sale

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Studio flat for sale

St Aldate Street, Gloucester, GL1
£45,000

Our Summary

  • A perfect investment opportunity for a landlord wanting to join the property ladder with this property is being sold with a tenant in situ
  • - Auction Pack Available On Request
  • - Auction Date – Wednesday 30th April 2025
  • This property is for sale via Online Auction
  • This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
  • The auction will run for 3 hours on a set date and time chosen by the vendor of the property
  • Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
  • The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
  • ** For Sale By Online Auction **
  • ** Pre-Auction Offers Considered **

Description

This one-bedroom studio apartment in Gloucester City Centre is an excellent investment opportunity for a landlord. The property is fully furnished and has a tenant in situ, paying £495 per month, with potential rental income of £7,500 per year. The apartment benefits from natural light, a communal courtyard, and an open-plan living style. It's located within walking distance of the city centre, hospital, and train station, as well as motorway links to Cheltenham and Bristol. The property is leasehold with 180 years remaining on the lease and is being sold via online auction. The winning bidder will need to pay a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price.
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