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Worcester Street, Gloucester 13 bed terraced house for sale
Worcester Street, Gloucester GL1
£945,000
Worcester Street, Gloucester GL1
£945,000
Our Summary
- Currently run as a hotel, the property is an ideal investment opportunity for a multitude of buyers with scope to be converted into holidays lets, HMO or stand alone apartments subject to relevant planning permissions
- A rare investment opportunity, the property provides 13 bedrooms all with en-suite shower rooms and some with kitchenettes offering the potential to convert into holiday lets, bed sits, HMO or stand alone apartments subject to relevant planning permissions
- With an influx of students re-locating to the area, the property makes for an ideal investment opportunity for student lets also
- A unique & rare investment opportunity
- A unique & rare investment opportunity
- Potential to convert to HMO or stand alone apartments
Description
This rare and unique property, known as the Albert Hotel, is a 13-bedroom hotel situated in the heart of Gloucester, offering a multitude of investment opportunities. With its rich history dating back over 150 years, the property still retains its character and charm. Currently run as a hotel, it could be converted into holiday lets, HMOs, or standalone apartments, subject to relevant planning permissions. The property has been profitable for several years, generating circa £40,000 per annum, and is situated in a convenient central location, close to the city center, Gloucester Quays, and popular schools. The property features a spacious garden, private car park, and is within walking distance to the city center and railway station. With its unique blend of character, potential, and location, this property presents a rare investment opportunity for buyers seeking a unique and profitable venture.