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Wellington Street, Gloucester *Guide Price £60,000 - £80,000

  • 2nd floor 2 bed flat of 67 sqm
  • Situated minutes from City Centre
  • Likely rent in the region of £600 PCM
  • Potential Gross Annual yield circa 12%
  • Cash buyers only – no management company
  • Tenure: Leasehold residue of a 999 year lease from 1st July 2005
  • EPC: B

* SOLD POST AUCTION* This is a large 2 bedroom flat of approx 67sqm situated on the second floor of a modern block of flats. The property lies a few minutes walk from the range of shopping and leisure facilities available in Gloucester City Centre and Docks. This is an ideal property for investors with a likely rent in the region of £600 PCM, offering a potential yield of 9-12% based on the guide price range.


Wellington Street
Gloucester GL1 1RB
County: Gloucestershire
Sale Type: Sold STC
Ref #: AH000162

Large 2 bed flat ideal for letting in central location

Description

This is a large 2 bedroom flat of approx 67sqm situated on the second floor of a modern block of flats. The property lies a few minutes walk from the range of shopping and leisure facilities available in Gloucester City Centre and Docks. This is an ideal property for investors with a likely rent in the region of £600 PCM, offering a potential yield of 9-12% based on the guide price range.

Key Points

• 2nd floor 2 bed flat of 67 sqm • Lounge and separate kitchen • Situated minutes from City Centre • Likely rent in the region of £600 PCM • Potential Gross Annual yield circa 12% • Cash buyers only – no management company • Tenure: Leasehold residue of a 999 year lease from 1st July 2005 • EPC B

Viewing

By appointment (viewings commence from June 27th)

Extra Fees

Buyers Admin Fee: 0.25% of the sale price subject to a minimum fee of £594 on the fall of the gavel/exchange of contracts Searches: The Buyer will be liable to pay Auction House £350 for the searches contained in the legal pack. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

For Sale by Auction

On Thursday 13th July at 7.00pm At Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.


Wellington Street
Gloucester GL1 1RB
County: Gloucestershire
Sale Type: Sold STC
Ref #: AH000162
Name Location Type Distance

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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