3 bedroom mews for sale

Investment Opportunity – 3 x 1 Bedroom Freehold Mews Houses, 4, 5 & 6 Montpellier Mews, Gloucester

We are delighted to present to the market this rare investment opportunity situated in this prime location, the heart of Gloucester city centre and close to the Quays. 4, 5 & 6 Montpellier Mews are three individual 1-bedroom mews properties, with parking, all on separate titles, offering both strong rental potential and long-term capital growth as they are being sold with active tenancies in place. The three houses are currently generating a combined income of circa £28,000pa.

Positioned close to Gloucester Docks and the Quays, with the city centre and Cathedral all within walking distance, the properties enjoy an enviable location with excellent transport links, shopping, dining, and leisure facilities nearby.

The Accommodation

4 Montpellier Mews:

A well-presented one-bedroom property featuring open-plan living, fitted kitchen, double bedroom and shower room.
Current Rental Payment = £790pcm
Market Rent = £795pcm
EPC – C

5 Montpellier Mews:

Spacious and well-presented one-bedroom property with open-plan living area, fitted kitchen, double bedroom and shower room.
Current Rental Payment = £770pcm
Market Rent = £795pcm
EPC - D

6 Montpellier Mews:

Characterful and well-presented one-bedroom property with open-plan living area, fitted kitchen, double bedroom and shower room.
Current Rental Payment = £785pcm
Market Rent = £795pcm
EPC - D

Please note the floorplan is for House 4 – the floorplates of houses 5+6 are almost identical in size and layout.

Current rental income = £28,140 per annum
Potential rental income = £28,620 per annum

ADDITIONAL INFORMATION:

Chain Free
Investment info: circa £28,000 per annum
Council Tax: Band A
Yield = 8%
The properties are located in the city centre
Heating: Gas Central Heating
Tenure: Freehold
Close to City Centre and Gloucester Docks
EPC: 1x C and 2 x D
Floor plan represents 4 Montpellier Mews.

Each property is finished to a good standard throughout, benefitting from modern fixtures and fittings while retaining period charm in this historic location.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information, simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £200.00, if you take out a mortgage through them. If you require a solicitor to handle your purchase, we can refer you on to a variety of solicitors. We may receive a fee of £100 if you use their services.