>
1 bedroom flat for sale
Studio | City Centre
£50,000
Studio | City Centre
£50,000
Our Summary
- Hollis Morgan – JULY LIVE ONLINE AUCTION – A Leasehold STUDIO APARTMENT ( 301 Sq Ft ) located in the CITY CENTRE | Subject to AST Tenancy producing £6,300 paFor Sale By Live Online Auction - ADDRESS | Flat 1, 2A Bull Lane, Westgate Street, Gloucester GL1 2HGLot Number TBCThe Live Online Auction is on Wednesday 23rd July 2025 @ 17:30Registration Deadline is on Monday 21st July 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Leasehold studio flat with pedestrian access via Bull Lane from Westgate Street and Longsmith Street
- FOR SALE BY ONLINE AUCTION
- JULY LIVE ONLINE AUCTION
Description
A Leasehold studio apartment located in the city centre of Gloucester is being sold through a live online auction on July 23rd, 2025. The property is situated on the top floor of a converted block and has an internal floor area of 301 square feet. The apartment is sold subject to an existing Assured Shorthold Tenancy (AST) that commenced on December 31st, 2024, producing an annual income of £6,300. The property has a lease length of 999 years and is managed by a council with a management fee of £75 per month. The apartment is located near Westgate Street, which offers a range of amenities, including high street retailers, cafes, and public houses, as well as the Gloucester Quays outlet shopping centre, which is within walking distance. The property is ideal for a residential investor looking for a steady income stream.