- UNIQUE INVESTMENT OPPORTUNITY +
- TWO ONE BED FLATS +
- OFF ROAD PARKING +
- GARAGE +
- SITUATED CLOSE TO GLOUCESTER QUAYS +
A unique investment opportunity to acquire the Freehold of TWO, one bedroom flats benefitting garage, garden and off road parking.
Situated in popular Linden area, close to Gloucester Quays.
Summary - The ground floor flat is currently let out at £625.00 PCM
The top floor flat is in need of updating and currently vacant, when renovated the flat should achieve £625.00 PCM
Gross rental yield at £1250.00 PCM, based on paying the asking price is a 7.5 % gross return (approx.)
Flat 1 - Comprising of Lounge, Bedroom , Kitchen and Bathroom.
Flat 2 - Comprising of lounge, bedroom, kitchen and bathroom.
Outside - Gated off road parking to the front with gated side access.
The rear is low maintenance benefitting the single garage.
Services - Mains drainage, electric heating
EPC rating top floor flat F
EPC rating ground floor flat D
Gloucester City Council tax band A
Tenure - Freehold