Summary - Flat 1, Hubbards Place, 3 Russell Street GL1 1NE
5 bed 3 bath Semi-Detached
**Standout Features:**
- Three self-contained flats with private entrances
- Current gross rental income: £3,250 per month (£39,000 per year)
- Prime city center location near Gloucester Train Station
- Close to shopping and dining in the newly developed Forum and Gloucester Quays
- Freehold tenure, with 999 years remaining on leasehold titles
- Low council tax band (A) for all units
**Potential Concerns:**
- Property is located in a high crime area
- Overall size may be small for family living, suitable primarily for rental
- Deprivation levels in the area indicate socioeconomic challenges
**Summary Description:**
Investors will find this semi-detached Victorian property a lucrative addition to their portfolio, comprised of three self-sufficient flats. With a total gross rental income of £3,250 per month, this well-maintained investment boasts an impressive **7.9% gross yield at the asking price. Each flat is individually designed to suit a modern lifestyle, featuring bright living spaces with contemporary finishes. Located conveniently within walking distance to both Gloucester Train Station and the vibrant local amenities of the city, residents can enjoy a lively urban atmosphere.
This property offers a solid rental return in a cosmopolitan neighborhood popular among young families and students. Although there are some socioeconomic concerns in the area, the prime location and modern features of the flats create an appealing lifestyle for tenants. Don't miss your chance to capitalize on this exceptional investment opportunity in a high-demand area!
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