GL1 3DR - 5 bedroom block of apartments for sale in Alexandra Road, G…

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5 bedroom block of apartments for sale in Alexandra Road, Gloucester, GL1

Summary - Alexandra Road, Gloucester GL1 3DR

5 bed 4 bath Block of Apartments

**Standout Features:**
- **Freehold Block:** Unique offering of four self-contained apartments in a Victorian-style conversion.
- **Parking:** Private driveway accommodating up to four cars.
- **Investment Potential:** Current monthly rental income of £2,235, with potential to increase to £2,700. Projected annual yield over 6%.
- **Variety of Apartments:** Comprises a one-bedroom garden apartment, a one-bedroom ground-floor unit, a one-bedroom first-floor apartment, and a contemporary two-bedroom top-floor apartment.

**Concise Summary:**
Experience a compelling investment opportunity in Gloucester with this freehold block of four Victorian-style apartments, offering a blend of charm and modern functionality. Perfectly situated in a vibrant cosmopolitan neighborhood, this property generates a current rental income of £26,820 per year, with potential for growth post-renovation, as each unit presents unique updates and enhancements.

The appealing layout includes a spacious garden apartment with direct garden access, three additional well-laid-out units, and the convenience of off-street parking for four vehicles. Though some units may benefit from modernization, their current condition ensures steady rental demand—ideal for investors looking for stability in a high-demand area.

While the locality features very high crime rates, the quick access to amenities and reliable mobile and broadband services can mitigate daily inconveniences. Don’t miss the chance to secure this exclusive property that not only offers immediate rental income but also room for future enhancement. Act now to capitalize on the growing market potential of this exceptional investment!

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