Wellington Parade, Gloucester, Gloucestershire, GL1
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment opportunity
- 8% yield
- Close to The Forum
- Freehold
Description
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
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Wellington Parade, Gloucester, Gloucestershire, GL1
Add your favourite places to see how long it takes you to get there.
__mins driving to your place
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 10421041. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CGT Sales Ltd, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.