Under OfferPrice on application
Residential Investment Opportunity Brunswick Road 19-21
Gloucester GL1 1HG
FOR SALE - LOT A - Freehold Block of 12 Residential Apartments - Rental Income £85,320 Per Annum.
LOT B - Consented Land for New Build Apartment Block.
Adjoining the main block is a broadly square parcel which benefits from Full Planning Permission for the construction of a four storey apartment block with 8 flats and to the side a single HMO. The design is attractive and in-keeping with the existing building. The accommodation proposed in the new block comprises 8 x one bedroom apartments with separate kitchen and living rooms. There is an additional two storey 3 bedroom HMO/House to the rear. Please see plans and planning information in the information pack.
The property comprises an attractive red brick building dating from 1885 with pitched slate roof, arranged over 4 storeys, which has been converted to provide some 12 residential apartments. We understand that the building was converted to a high standard from offices in around 2016. The spacious flats have been designed to accommodate two sharers, each in their own rooms, with their own satellite television connections and separate kitchen and living room.
Sale by way of Informal Tender with bids to be received by Noon on 4th March 2020 to:
Olympus House, Olympus Park Quedgeley, Gloucester GL2 4NF
These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility. Intending purchasers or tenants should satisfy themselves as to the accuracy of all statements and representations before entering into any agreement. No employee or partner of Bruton Knowles has authority to make or give any representation or warranty in relation to the property.
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