Summary - 192 BARTON STREET, GLOUCESTER GL1 4HE
3 bed 2 bath Terraced
Auction opportunity with strong rental potential near station and hospital.
- Three bedrooms and three reception rooms across large internal area
- Former shopfront and mixed-use layout, now residential
- Chain-free sale by Modern Method of Auction
- Requires significant refurbishment; storefront described as derelict
- Solid brick walls likely uninsulated; update heating/electrics probable
- Small courtyard garden and outside storage to rear
- Very high crime and very deprived local area may affect demand
- Completion in 56 days; 4.5% reservation fee (min £6,600) payable
A rare central Gloucester building with clear investment potential, offered chain-free via the Modern Method of Auction. The property combines a former shop frontage and substantial internal space across multiple reception rooms and three bedrooms, creating options for rental conversion, live-and-work use, or a family renovation. Its proximity to Gloucester train and bus stations and the hospital is a practical locational plus for tenants or future resale.
The house requires significant refurbishment: the commercial storefront and rear areas are described as derelict and worn, internal services and finishes are likely dated, and the solid brick walls are assumed uninsulated. Buyers should budget for works and carry out full surveys; the buyer information pack should be reviewed carefully before bidding.
Auction terms are important: sale via Modern Method of Auction means a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and a completion period of 56 days. The property is freehold, has no flood risk, fast broadband and excellent mobile signal, but sits in an area with very high crime and high deprivation, which will affect rental yields and resale prospects.
For a cash buyer or a developer prepared to invest in refurbishment, the large total floor area (approximately 1,676 sq ft), multiple reception rooms, and central location offer upside. For owner-occupiers, the home could be transformed but will need time, money and tolerance for the local area’s social challenges.
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