This property has been taken off the market.
2 Bed Terraced House For Sale Falkner Street, Gloucester, GL1
£150,000- Terraced
1 of 10
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Last Updated: 17th May 2024
Description
INVESTMENT OPPORTUNITY - TWO INDIVIDUAL APARTMENTS - TENANTS IN SITU - 10.8% YIELD
A freehold title where the property has been separated into two apartments with a rental income of £1350.00 pcm.
A chance to acquire the freehold title where the property has been converted into two separate apartments. one being a one bedroom which is currently let at £600.00 pcm. The other apartment is a duplex and offers two bedrooms which is currently let at £750.00 pcm. giving a total monthly rental income of £1350.00 which returns a yield of 10.8%
Apartment One - Ground Floor
Comprises of a lounge, kitchen, bedroom and bathroom arranged over one floor at ground level. This apartment has its own utility connections and benefits from gas central heating. This apartment also benefits from a private enclosed garden. Council Tax Band A - Gloucester City Council
Tenancy is now periodic.
Apartment Two - First & Second Floor
Comprises of a recently refitted bathroom, kitchen, lounge and two bedrooms. This apartment has its own utility connections and benefits from gas central heating. Council Tax Band A - Gloucester City Council
Tenancy commenced 01/05/2024 on a 6 month AST.
The property is currently registered with the land registry on one freehold title.
A freehold title where the property has been separated into two apartments with a rental income of £1350.00 pcm.
A chance to acquire the freehold title where the property has been converted into two separate apartments. one being a one bedroom which is currently let at £600.00 pcm. The other apartment is a duplex and offers two bedrooms which is currently let at £750.00 pcm. giving a total monthly rental income of £1350.00 which returns a yield of 10.8%
Apartment One - Ground Floor
Comprises of a lounge, kitchen, bedroom and bathroom arranged over one floor at ground level. This apartment has its own utility connections and benefits from gas central heating. This apartment also benefits from a private enclosed garden. Council Tax Band A - Gloucester City Council
Tenancy is now periodic.
Apartment Two - First & Second Floor
Comprises of a recently refitted bathroom, kitchen, lounge and two bedrooms. This apartment has its own utility connections and benefits from gas central heating. Council Tax Band A - Gloucester City Council
Tenancy commenced 01/05/2024 on a 6 month AST.
The property is currently registered with the land registry on one freehold title.
Agent Details
Thomas & Thomas Property
Unit 4 Longford Local Centre West, Horsbere Drive, Longford, Gloucester, GL2 9DH
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.