Income-ready flat with character and long lease near Gloucester Docks.
- Two double bedrooms with ensuite to master
- Approximately 480 sq ft (compact) with 20ft lounge/kitchen
- Converted Grade II listed Georgian townhouse character
- Currently let, reported gross yield 6.3% (income-ready)
- Long leasehold: 998 years remaining
- Heating via wall-mounted electric heaters (higher running costs)
- Listed status restricts alterations and may complicate repairs
- Located in a high-crime, very deprived area (consider tenant mix)
A compact two-double bedroom apartment in a converted Grade II listed Georgian townhouse on Brunswick Square, offered with a long lease and an active tenancy. The property occupies about 480 sq ft and includes a 20ft open-plan lounge/kitchen, two bathrooms (ensuite to the master) and original high-ceiling period features that give character and rental appeal.
This flat is currently let and achieves a reported gross yield of 6.3%, making it suitable for buy-to-let investors seeking immediate income in a central Gloucester location close to the historic docks and Gloucester Quays. The long lease (998 years) and fast broadband/excellent mobile signal are practical benefits for tenants.
Buyers should note material constraints: the Grade II listed status will restrict alterations and may complicate maintenance or improvements. Heating is by wall-mounted electric heaters, and the apartment is small, so running costs and space should be considered. The property sits in an area with high crime rates and marked deprivation, which can affect tenant profile and long-term capital growth.
Overall, this is a characterful, income-ready investment with immediate rental cashflow and heritage appeal, best suited to investors who understand listed-building responsibilities and local market dynamics.
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