Wellington Street, Gloucester, GL1

We are delighted to bring to market this freehold block of four two bedroom, two en suite apartments with tenants in situ, providing an immediate income stream for investors. Current rent roll of £3325.00pcm with professional tenants in place.

Apartment 1-

Accessed via it's own entrance, the property is located on the lower ground floor. Entrance leads to the open plan lounge/kitchen with appliances. The first bedroom is located just off the living room benefitting en-suite and patio doors lead out to the communal garden. The other bedroom is accessed via the lounge and also benefits ensuite.

Apartment 2-

Accessed via a communal hallway. The entrance leads to the open plan lounge/kitchen with appliances. Both of the double bedroom are located either side of the living room with both benefitting en-suite shower rooms. A patio door from the rear bedroom leads out to the communal garden.

Apartment 3-

Upon entering the apartment you have a hallway with doors leading into one of the large double bedrooms and lounge. just off of the living room is the generously sized second bedroom and kitchen which comprises of brand-new fitted cooker and built in fridge freezer unit as well as offering a range of ample wall and base units.

The bathroom suite consists of electric shower, hand wash basin and W/C.

Apartment 4-

Through the entrance hall of the property, stairs lead to the upper ground floor. This floor offers spacious open plan kitchen/diner/living room. The kitchen is fitted with an array of wall and base units as well as a built in oven/hob. Completing this floor is the second bedroom, under stair storage and the modern bathroom suite. The bathroom consists of a shower cubicle, wash hand basin and W/C. To the top floor of the duplex is the master bedroom, benefitting from a skylight window, allowing for plenty of natural light to flood the room.

Conveniently located close to the town centre, this chain-free property offers excellent accessibility and is set back from a quiet no-through road, ensuring privacy and minimal traffic.

The block is spread over four floors, with each apartment being fully self-contained. One of the apartments benefits from its own private entrance and two have access onto the garden
For further information and to discuss potential rental values, please do not hesitate to contact us.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.