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No longer on the market

This property is no longer on the market

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4 bedroom block of apartments

Sold STC
Block of apartments
4 beds
4 baths
182
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A

Features and description

  • Investment opportunity
  • 8% yield
  • Close to The Forum
  • Freehold

Are you ready to seize the chance to elevate your investment portfolio? Look no further than Wellington Parade, Gloucester. This Grade II listed property boasts a unique proposition; a block of three spacious one-bedroom apartments, alongside a studio apartment. This freehold investment purchase spans four floors.

Welcome to Your Secured Sale™

At CGT, we're revolutionising the way homes are bought and sold in the UK.

When you see the Secured Sale™ trademark, it means the property is marketed with transparency and crucial information upfront, ensuring a smoother, faster purchase.

Each Secured Sale™ includes a comprehensive legal pack that can be reviewed and approved by your legal team in just a few days.

This pack contains:

• Property searches, title plans, and material facts.

• Fixtures and fittings details.

• Certificates and covenants affecting the property.

Additionally, a transparent inspection report highlights any areas requiring further investigation, giving buyers confidence and clarity before making an offer.

Once a buyer is fully informed, they can make an offer. Upon acceptance, a non-refundable fee secures the agreement, locking in both buyer and seller. This ensures peace of mind and reduces the risk of delays or fall-throughs; a hallmark of the Secured Sale™ process.

Why Choose Secured Sale™?

Our mission is to transform the UK property market, reducing the average transaction time to just 37 working days (compared to 170 days for the traditional method).

A Secured Sale™ is not just a property transaction; it's a commitment to transparency, trust, and efficiency. By providing buyers with all essential details upfront, we shift from traditional “subject to contract” sales to financially secure agreements that benefit everyone involved.

Discover the future of property transactions with Secured Sale™.

Property information

Nestled in the vibrant heart of Gloucester, this property is in need of modernisation throughout; it presents an enticing opportunity to capitalise on the bustling rental market within Gloucester currently.

Located close to Gloucester's £107m The Forum project, which homes cafes, bars, restaurants, shops, a members' club, gym and rooftop bar with panoramic views over the city, making this a desireable and sought-after location.

A savvy investor will reap the rewards of consistent rental income from this block of apartments. Whether you're a seasoned property mogul or an aspiring entrepreneur looking to diversify your assets, Wellington Parade is a great solution. Opportunities like this are as rare as they are lucrative. Don't let this chance slip through your fingers. Contact us now to arrange a viewing and secure your stake in the future of Gloucester's property landscape.

Current Rental Values: 

Apartment 1 - £475 pcm

Apartment 2 - £450pcm

Apartment 3 - £475pcm 

Studio Apartment - £350 pcm

Total = £1725 pcm 

Annual Rental Income = £20,700

Current Yield: 8%

Tenure: Freehold 

EPC Rating: D

Council Tax Band: A




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About this agent

CGT Lettings - Cheltenham
CGT Lettings - Cheltenham
119 Promenade Cheltenham, Gloucestershire GL50 1NW
01242 393838
Full profileProperty listings
Founded in 1987, we are Gloucestershire’s leading independent letting agency. With 5 offices across the county we are specialists in lettings, property management and the investment market. Our 40+ strong team is our biggest asset – dedicated and enthusiastic staff who are committed to 'going the extra mile', and who each possess in-depth industry knowledge backed by professional qualifications. We’re members of ARLA, The Property Ombudsman and the Tenancy Deposit Scheme – a sure sign that you’re dealing with a reputable and respected agent and whatever your property and situation, you’re in very safe hands with us.
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