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2 bedroom flat for sale
Hucclecote Road, Gloucester, Gloucestershire, GL3
£150,000
Hucclecote Road, Gloucester, Gloucestershire, GL3
£150,000
Our Summary
- ***Investment Opportunity, offering +7% / 8% Rental Yield***
- The property comes with the added benefit of longstanding tenants in situ who have no intention of leaving, and the garage is currently not included in the current tenancy agreement, offering additional rental income potential
Description
This investment opportunity presents a spacious 2-bedroom top-floor flat in Cedars Court, Gloucester, offering a high rental yield of +7% or +8% depending on the inclusion of the garage. The property boasts off-road parking, garage, and communal gardens, situated in a popular residential location with easy access to local amenities, city center, and mainline commuter links. The flat features an entrance hallway, lounge reception, two double bedrooms, fitted kitchen, and shower room, with electric heating and double glazing. The property has longstanding tenants in situ, and the garage is available for additional rental income potential. With a remaining lease length of 940 years, mains supply of electric and water, and council tax band A, this property offers a solid investment opportunity for investors.