Summary - 111 WESTGATE STREET GLOUCESTER GL1 2PG
4 bed 4 bath Terraced
**Standout Features:**
- Versatile mixed-use property with both commercial and residential spaces.
- Prime city center location near major retailers and amenities.
- Strong rental income generating approximately £31,800 annually (potential total of £43,800).
- Chain-free sale and built in 2018.
- Tenants in place, providing immediate cash flow.
**Concerns:**
- Located in a deprived neighborhood with very high crime rates.
- Small plot size with limited outdoor space.
Discover an exceptional investment opportunity in the heart of Gloucester City Centre with this versatile terraced property. Offering a prime blend of commercial and residential spaces, this three-storey building features a commercial unit on the ground floor, complemented by three well-appointed apartments on the upper levels. The ground floor provides high-quality office accommodation, while the residential units consist of two one-bedroom apartments and one two-bedroom apartment, all generating a total annual income of £31,800. With additional potential from the commercial space, rental revenue could rise to £43,800, ensuring an impressive return on investment of over 10%.
Conveniently located near popular retailers like McDonald's and O2, this property also offers easy access to the M5 motorway, enhancing its appeal for both tenants and investors. This thriving cosmopolitan student neighborhood provides a vibrant community atmosphere while being steps away from essential amenities, schools, and leisure activities. While the area is classified as deprived and has a noted high crime rate, the potential for growth in this location is undeniable. Don't miss your chance to own a dynamic property in a burgeoning city area—this opportunity won't last long!
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