Robinson Road, Gloucester GL1 2 bed flat for sale

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Robinson Road, Gloucester GL1 2 bed flat for sale

Robinson Road, Gloucester GL1
£200,000

Our Summary

  • A unique investment opportunity to acquire the Freehold of TWO, one bedroom flats benefitting garage, garden and off road parking
  • 00 PCMThe top floor flat is in need of updating and currently vacant, when renovated the flat should achieve £625
  • UNIQUE INVESTMENT OPPORTUNITY
  • Unique investment opportunity

Description

This unique investment opportunity presents the chance to acquire the freehold of two one-bedroom flats in the popular Linden area, close to Gloucester Quays. The ground floor flat is currently let out at £625 per calendar month, while the top floor flat is vacant and in need of renovation, which could potentially achieve a similar rental income. With gated off-road parking and a low-maintenance garden, the property offers a 7.5% gross return based on the asking price. The flats themselves are well-appointed, with lounge, bedroom, kitchen, and bathroom, and the property benefits from mains drainage and electric heating. With an EPC rating of F for the top floor flat and D for the ground floor flat, this is a great opportunity for investors to capitalize on the rental market in this sought-after location.