Freehold block of two duplex apartments with separate entrances
Currently let — total rental income £1,600 pcm (tenants in situ)
Grade II listed — restrictions and listed-consent likely required
Approx 1,197 sq ft; three beds, three bathrooms across both flats
Double glazing installed post-2002; high Georgian ceilings and sash windows
Conflicting heating details (gas central listed, also electric room heaters)
Located central Gloucester (GL1) — excellent mobile signal, average broadband
Very high local crime and area deprivation — affects lettings/insurance
A rare freehold block on Oxford Street, Gloucester, offering two self-contained duplex apartments across a period Georgian terrace. Currently let to tenants producing combined income of £1,600 pcm, this property suits investors seeking immediate cashflow and long-term capital growth in a central city location.
The building’s Grade II listed status and traditional mid-terrace construction give strong period character, high ceilings and sash windows; double glazing was installed after 2002. The block totals approximately 1,197 sqft across three bedrooms and three bathrooms, with separate entrances and a small rear garden. Council tax is low and there is no local flood risk.
Important practical considerations are clear: statutory listed-status restrictions will complicate alterations and maintenance, and the local area scores high for deprivation with very high recorded crime — factors that affect letting strategy and insurance. Heating details are mixed in the records (both gas central heating and electric room heaters are mentioned), so an incoming owner should verify the actual heating systems and service history.
For investors comfortable managing a listed, city-centre asset with tenants in situ, this block offers immediate rental income and period appeal. For buyers wanting to reconfigure or refurbish, expect listed-building consent requirements and possible higher maintenance costs.