Description
- Excellent location close to a range of amenities including a Tesco supermarket, a David Lloyd health and fitness centre, Premier Inn and Brewers Fayre family pub/restaurant.
- The portfolio being offered includes 16 flats within the Block of 25.
- The apartments are fully let on Assured Shorthold Tenancies generating an annual rent of £142,296 per annum.
- A purchase at the quoting price of £2.25m reflects a gross initial yield of 6.32% and capital value equating to approximately £190 per sq ft.
Belgrave House is a modern development with commercial units on the ground floor and residential above.
The property is over 4 storeys and is of steel frame construction with a combination of brick, timber clad and rendered elevations under flat roofs.
The apartments have been finished to a high standard throughout and the accommodation includes open plan kitchen/dining/living areas, fully fitted kitchens with a range of appliances, modern bathrooms, balcony and the 2-bedroom flats benefit from en-suite shower rooms.
Each flat has an allocated parking space, and a number of visitor's spaces are provided.
Joint Agent
Richard Tuck
01452 726443
rtuck@michaeltuck.co.uk
- Location: Gloucester
- Size: 1097.00 m2 (11808.11 ft2)
- Property: Investment
- Type: For sale
- Price: £2250000.00
- Status: Available