Old Gloucester Street, London WC1N 2 bed flat for sale

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Old Gloucester Street, London WC1N 2 bed flat for sale

Old Gloucester Street, London, WC1N
£735,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This property portfolio comprises two self-contained flats within a single property in the desirable area of Gloucester, London. The ground floor flat features one spacious bedroom, two bathrooms, and a well-appointed living area, while the basement flat includes one bedroom, one bathroom, and a cozy open-plan layout. The property currently produces an annual gross income of £51,600, which could be increased to £72,000 with long-term tenants already in place. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out. The property offers a worthwhile investment opportunity for an investor looking to add to their portfolio, with a potential increase in income and a smooth transaction process facilitated by Let Property.