3 bed flat for sale

Cromwell Street, Gloucester, Gloucestershire GL1

Freehold Block of Three One Bedroom Flats in a Substantial Victorian Mid-Terrace. Ideal for Investment and Conversion Potential. An unusual and versatile opportunity to acquire a substantial Victorian mid-terrace property currently arranged as three large self-contained one bedroom flats, occupying a convenient position close to Gloucester City Centre.

Set over multiple floors, this attractive period property offers well-proportioned accommodation throughout and retains the generous room sizes associated with Victorian homes. Each flat has been independently arranged to provide comfortable living accommodation, comprising a spacious lounge, separate fitted kitchen, generous double bedroom and private bathroom, making the property ideally suited to the buy-to-let market, or residential conversion.

The accommodation is light and airy throughout, with large windows creating an abundance of natural light, and high ceilings, whilst the practical layouts offer excellent living space for prospective tenants. The property's size and configuration provide flexibility for investors seeking a multi-unit residential asset with strong income potential. Offered to the market with vacant possession, the property represents an ideal opportunity for landlords to establish market rents from the outset or undertake a programme of refurbishment and improvement to further enhance rental returns.

In addition to its investment credentials, the property is equally likely to appeal to buyers seeking a sizeable period home. Subject to any necessary consents and building regulation requirements, there is potential to convert the property back into a substantial single residential dwelling, creating an impressive family home with accommodation arranged over several floors.

Externally, the property benefits from a private rear garden, providing a valuable outdoor space rarely found with properties of this type in such a central location. The garden offers scope for landscaping and creates an attractive amenity for both tenants and owner-occupiers alike.

Conveniently situated within easy reach of Gloucester city centre, the historic Gloucester Docks, a variety of shops, restaurants, cafés and leisure facilities, together with Gloucester Railway Station, offering excellent transport links.

Key Features -

Substantial Victorian mid-terrace property
Freehold block of three self-contained apartments
Three spacious one-bedroom flats
Separate kitchens to all units
Spacious living rooms
Double bedrooms throughout
Private bathrooms
Vacant possession
Ideal buy-to-let investment opportunity
Potential to convert back into a substantial family home (subject to any necessary consents)
Private rear garden
Character period property
Central and convenient location
Excellent access to local amenities and transport links

A rare opportunity to acquire a substantial and adaptable period property offering immediate investment potential together with exciting scope for future residential conversion.

**This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

We offer free financial consultations to all our customers, including specialist advice on Modern Method purchases, so please ask us for further details and/or to book your appointment when you contact us about this property.

Ground Floor Flat -

Lounge (3.8m x 3.78m)

A spacious and well-proportioned reception room benefiting from a large window allowing for an abundance of natural light. Offering ample space for both sitting and dining furniture, the room provides a comfortable living environment and enjoys high ceilings typical of the Victorian era, creating a light and airy feel throughout.

Bedroom (3.94m x 2.3m)

A well-proportioned double bedroom offering ample space for a double bed and additional furniture, including wardrobes and storage units. The room benefits from natural light through a large window, creating a bright and comfortable living space.

Kitchen (2.64m x 1.73m)

A functional fitted kitchen offering a range of wall and base units with complementary work surfaces, inset sink and drainer, and space for freestanding appliances. The layout provides practical food preparation and storage space, making it suitable for day-to-day living. While serviceable in its current condition, the kitchen would benefit from updating and modernisation, presenting an excellent opportunity for buyers to create a contemporary kitchen tailored to their own style and requirements.

Shower Room

Functional shower room comprising a shower enclosure, wash hand basin and WC. The space is practical and fully usable in its current condition, although it would benefit from modernisation and upgrading, offering purchasers an opportunity to add value and tailor the room to their own tastes and requirements.

First Floor Flat -

Reception Room (5.08m x 3.76m)

A spacious and well-proportioned reception room benefiting from a large window allowing for an abundance of natural light. Offering ample space for both sitting and dining furniture, the room provides a comfortable living environment and enjoys high ceilings typical of the Victorian era, creating a light and airy feel throughout.

Bedroom (3.96m x 2.3m)

A well-proportioned double bedroom offering ample space for a double bed and additional furniture, including wardrobes and storage units. The room benefits from natural light through a large window, creating a bright and comfortable living space.

Kitchen (2.82m x 2.3m)

A functional fitted kitchen offering a range of wall and base units with complementary work surfaces, inset sink and drainer, and space for freestanding appliances. The layout provides practical food preparation and storage space, making it suitable for day-to-day living. While serviceable in its current condition, the kitchen would benefit from updating and modernisation, presenting an excellent opportunity for buyers to create a contemporary kitchen tailored to their own style and requirements.

Bathroom (1.85m x 1.78m)

A good sized bathroom fitted with a panelled bath, wash hand basin and WC. The room provides all essential facilities and offers a practical layout with scope for cosmetic improvement. Whilst fully functional, it would benefit from updating and modernisation, presenting an excellent opportunity to enhance both the style and value of the property.

Second Floor Flat -

Reception Room (4m x 3.28m)

A spacious and well-proportioned reception room benefiting from a large window allowing for an abundance of natural light. Offering ample space for both sitting and dining furniture, the room provides a comfortable living environment and enjoys high ceilings typical of the Victorian era, creating a light and airy feel throughout.

Bedroom (3.78m x 3.1m)

A well-proportioned double bedroom offering ample space for a double bed and additional furniture, including wardrobes and storage units. The room benefits from natural light through a large window, creating a bright and comfortable living space.

Kitchen (2.77m x 1.83m)

A functional fitted kitchen offering a range of wall and base units with complementary work surfaces, inset sink and drainer, and space for freestanding appliances. The layout provides practical food preparation and storage space, making it suitable for day-to-day living. While serviceable in its current condition, the kitchen would benefit from updating and modernisation, presenting an excellent opportunity for buyers to create a contemporary kitchen tailored to their own style and requirements.

Shower Room

Functional shower room comprising a shower enclosure, wash hand basin and WC. The space is practical and fully usable in its current condition, although it would benefit from modernisation and upgrading, offering purchasers an opportunity to add value and tailor the room to their own tastes and requirements.