11, 15 & 17 Oxford Street, Gloucester, form part of a Grade II listed terrace, which was constructed around 1824 by attorney John Bower. This is a highly attractive investment opportunity for experienced developers and investors alike.
The buildings were traditionally erected with three storeys and cellars, and now comprise nine self-contained, one bedroom flats. Every unit has a separate kitchen, generous lounge space, convenient shower rooms and a double bedroom. Each flat has the benefit of electrical heating throughout. The basement houses all utilities, whilst the flats are situated on the ground, first and second floors.
The entire block can be refurbished to a higher standard in order to add value, and, additionally there is an area to the rear, which can be converted into another dwelling, subject to planning.
Total approximate area is around 3523 square feet and the freehold is offered for sale by CGT Investments, for offers around £625,000.
Sold with tenants in situ.
Total monthly rent: £3,452
Annual rent: £41,424
Tenure: Freehold
Management Company : N/A
Lease Length: N/A
Ground Rent: N/A
Service Charge: N/A
EPC Rating: D & E throughout
Council Tax Band: A
Parking : Street, with a permit
Investment: Freehold Block of Nine Apartments
Sold with Tenants in Situ
Additional Redevelopment Opportunity (Subject to Planning)
