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3 bed property, in Montpellier, £240,000
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3 bed terraced house

Montpellier, Gloucester GL1
Auction
£240,000

Our Summary

  • For sale by online auction
  • July live online auction
  • Residential investment opportunity
  • Hollis Morgan – JULY LIVE ONLINE AUCTION – A Freehold RESI INVESTMENT OPPORTUNITY comprising 3 x 1 BED HOUSES ( 1141 Sq Ft ) with PARKING let producing £28,140 pa INCOME | REDUCED - was £345k For Sale By Live Online Auction - ADDRESS - 4 | 5 | 6 Montpellier Mews, City Centre, Gloucester GL1 1LF Lot Number TBC The Live Online Auction is on Wednesday 22nd July 2026 @ 12:00 Noon Registration Deadline is on Friday 17th July 2026 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose 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 - The properties are 3 adjoining one bedroom mews style houses ( 1141 Sq Ft ) with off street parking located in GL1 close to Gloucester Docks and the Quays and within walking distance of the city centre and Cathedral
  • There is scope to break up the block for individual resale SCHEDULE OF INCOME - £2,345 pcm | £28,140 pa 4 Montpellier Mews - AST contract from 23/06/2025 @ £790 pcm | Converting to an Assured Periodic Tenancy effective 01/05/26, under the Renters Rights Act 2026 5 Montpellier Mews - AST contract from 13/02/2023 @ £770 pcm | Converting to an Assured Periodic Tenancy effective 01/05/26, under the Renters Rights Act 2026 6 Montpellier Mews - AST contract from 17/11/2024 @ £785 pcm | Converting to an Assured Periodic Tenancy effective 01/05/26, under the Renters Rights Act 2026 REDUCED PRICE FOR AUCTION The property was previously listed with respected local agents at £345,000, and now has a reduced and attractive guide price for sale by live online auction

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Description

The property is a freehold residential investment opportunity comprising three adjoining, one-bedroom mews style houses with off-street parking, located in the GL1 area of Gloucester, near the city centre and Gloucester Docks. Each house has an approximate floor area of 1141 square feet and features an open-plan living area, fitted kitchen, double bedroom, and bathroom or shower room. The properties are fully let, with tenancy contracts in place, and are generating £28,140 per annum in income.

The properties have been reduced in price and are being offered for sale by live online auction.