Two-bed Grade II apartment with long lease and strong rental yield near Gloucester Docks.
Grade II listed Georgian conversion with high ceilings and sash windows
A compact two-bedroom apartment in a recently converted Grade II listed Georgian building on Brunswick Square, offered with a very long lease (998 years). The building retains period character — high ceilings, sash windows and a stucco façade — while the flat provides an open-plan 19ft lounge/kitchen, two bedrooms and a shower room. The property is currently let and produces a reported 7.6% yield (tenant paying £950 pcm; tenancy until 12/12/25).
This suit investors seeking city-centre rental income close to Gloucester Docks and Gloucester Quays. Practical running costs are clear: an average service charge of £1,176 and very low council tax. Communications are strong (excellent mobile, fast broadband) and flood risk is nil. The wider area is a cosmopolitan, student- and migrant-family neighbourhood with many local amenities and leisure options.
Important cautions are straightforward: the building’s listed status may restrict alterations and will add administrative requirements. Crime rates in the immediate area are high and the locality is recorded as very deprived — factors that may affect tenant profiles and resale pricing. Heating details are inconsistent in the listing (advert references wall-mounted electric heaters; records note mains gas boiler and radiators) so confirm services and energy costs before purchase.
Overall this is a turn-key, let investment with solid yield and long lease length, but it suits buyers who accept listed-building constraints and the local social challenges.