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An opportunity to buy a block of 25 tenanted flats in Gloucester

£3,150,000
25 Unit Block
VES-GL1-145

Features


NO OF UNITS
25

USE
Residential

TENURE
Freehold

PRICE
£3,150,000

AGGREGATE RENT
£151,800

GROSS YIELD
4.8%

TOTAL SQUARE FOOTAGE
11,277

PRICE PER SQUARE FOOT
£279

TENANCY STATUS
Tenanted

FURNISHED
No

Block Overview

  • Total No. of Units: 25 flats
  • 4 x 2 beds and 21 x 1 beds
  • Aggregate rent: £12,650 pcm; £151,800 pa
  • Aggregate Service Charge: TBC
  • Ground Rent: TBC
  • Tenancy types: ASTs

Available on request

  • Portfolio Breakdown
  • Unit Leasehold Details
  • EPCs for all units
  • Block Documentation

All leasehold details are based on information supplied by the vendor and should be verified by the purchaser’s solicitor.

Need more information?

REQUEST BLOCK DETAILS

Floorplans

Floorplan 1
Floorplan 2
Floorplan 3
Floorplan 4

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Gloucester, South West

Gloucester is a city and a district in the county of Gloucestershire, in the west of country of England by the welsh border. It is situated 31 miles north north-east of Bristol and around 50 miles west of Oxford.

The area is serviced by Gloucester railway station which is mainly operated by Great Western Railway. Frequent train services are run to destinations such as London Paddington, Reading, Bristol and Cardiff Central. Crosscountry also has a line running from Cardiff to Nottingham, connecting this area to several destinations towards the north. The M5 motorway which runs east of the city links the southwest to the midlands.

Kings square is market square at the centre of town and connects the Kings Walking Shopping centre with the Market Parade and The Oxbode. This area is known as the Kings Quarter and features a largely pedestrianised outdoor area around this area that in enriched with several high street favourites and small boutiques. In this area one will also find an array of bars and restaurants to feed all of ones dining needs. A short walk from this area is the newly built stylish indoor shopping mall Gloucester Quays Outlet which features high street and designer brands at discounted prices. There are multiple cultural attractions in the area also including Gloucester Cathedral and the museum of Gloucester.

Gloucester is historically known for its aerospace industry and is still home to Gloucester Aircraft Company. There are also job opportunities from large employers that have offices in town such as Ecclesiastical Insurance, Llyods Banking, TSB Bank, EDF energy and many more.

Southgate Street,

Gloucester,

Gloucestershire,

England,

GL1 1TJ


Performance

GROSS RENTAL YIELD
4.8%
RENT PER ANNUM
£151,800
HPI GROWTH (5 YRS)
31%

Important Note

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