Skip to main content Skip to footer

8 bed property for sale

£475,000 Fixed price

Clarence Street, Gloucester GL1

8 8 8
Interested in this property? Call +44 1452 768193 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Freehold
  • Investment Property
  • Six Apartments
  • City Centre Location
  • Generous Living Space
  • Viewing Advised
  • No Onward Chain

Property description

Freehold block of apartments in Gloucester City Centre

Michael Tuck Estate Agents are pleased to welcome to the market this fantastic investment opportunity!

Clarence Gate House currently comprises of six apartments, 4 x one bedrooms and 2 x two bedrooms.

The property also boasts an impressive sized entrance hall and cellar which is currently split into several storage rooms.

All of the apartments are currently tenanted and there rental income per month is shown below.



Rent per month


Flat 1 - 2 Bedrooms - £477.00

Flat 2 - 1 Bedroom - £435.00

Flat 3 - 2 Bedrooms - £485.00

Flat 4 - 1 Bedroom - £430.00

Flat 5 - 1 Bedroom - £440.00

Flat 6 - Bedroom - £410.00

Total Monthly rent = £2677.00

Total Annual rent = £32,124.00

Yield Based on Asking Price = 6.76%

This property is full of character and is conveniently situated within the Gloucester City Centre

To arrange a viewing call us on

Description

The Property comprises of;
Four x one bedroom flats.
Two x two bedroom flats

Rent per month
Flat 1 - 2 Bedrooms - £477.00
Flat 2 - 1 Bedroom - £435.00
Flat 3 - 2 Bedrooms - £485.00
Flat 4 - 1 Bedroom - £430.00
Flat 5 - 1 Bedroom - £440.00
Flat 6 - Bedroom - £410.00

Total Monthly rent = £2677.00
Total Annual rent = £32,124.00
Yield Based on Asking Price = 6.76%

Property info

First Floor View original

Market activity
Average price paid £159,864 Sales 457 Current average value £168,641 (Zoopla Zed-Index) Value change £5,368 ▲ 3.29%

Property value data/graphs for GL1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £323,232 £208 3.8 £297,458
Semi-detached £191,940 £186 3.2 £190,063
Terraced £145,256 £166 2.7 £138,850
Flats £139,696 £232 1.6 £126,392

Current asking prices in GL1

Average: £189,362
Avg. current asking prices in GL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £124,150
(3)
£138,400
(11)
£213,110
(41)
£273,000
(20)
£373,112
(12)
Flats £95,181
(35)
£134,616
(41)
£178,333
(3)
- -
All £97,468
(38)
£135,416
(52)
£210,739
(44)
£273,000
(20)
£373,112
(12)

Current asking rents in GL1

Average: £855 pcm
Avg. current asking prices in GL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £444 pcm
(33)
£661 pcm
(11)
£758 pcm
(3)
£1,546 pcm
(17)
£1,761 pcm
(6)
Flats £468 pcm
(51)
£632 pcm
(22)
£819 pcm
(4)
- -
All £459 pcm
(84)
£641 pcm
(33)
£793 pcm
(7)
£1,546 pcm
(17)
£1,762 pcm
(6)

Fun facts for GL1

Highest value in GL1
Highest value streets Zed-Index
Estcourt Close £359,522
Estcourt Road £330,389
Sandhurst Road £329,559
Lansdown Road £287,564
Stroud Road £285,582
Highest turnover in GL1
Highest turnover streets Turnover
The Stockyards 78.9%
Matson Place 57.1%
Suffolk Drive 48.9%
Cooks Orchard 45.0%
Hillfield Court Road 42.9%

What Zoopla users think of Gloucester

Overall rating:

  • currently 3.5 stars
Good - 69% (84 ratings)

Ratings breakdown:

  • currently 3 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Gloucester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Gloucester (0.2 miles)
  • Cheltenham Spa (6.5 miles)
  • Stonehouse (8.3 miles)
  • Bristol Airport (39.1 miles)
  • Birmingham International Airport (45.9 miles)
  • Coventry Airport (47.7 miles)
  • Sharpness Old Docks (14.0 miles)
  • Lydney Harbour (15.5 miles)
  • Bristol Docks Ferry Landing (31.8 miles)

Nearby schools

View all schools in Gloucester
  • Widden Primary School (0.4 miles)
  • Kingsholm Church of England Primary School (0.5 miles)
  • St Paul's Church of England Primary School (0.6 miles)
  • Dean Close School (6.2 miles)
  • Malvern College (17.0 miles)
  • Pershore High School (19.4 miles)
  • The King's School, Gloucester (0.3 miles)
  • High School for Girls (0.7 miles)
  • Ribston Hall High School (1.2 miles)
Note: Distances are straight line measurements

Local info for Gloucester

About the neighbours in GL1

AskMe Q&A for Gloucester

Ask a question

See all AskMe Q&A in Gloucester

For more information about this property, please contact
Michael Tuck - Gloucester, GL1 on +44 1452 768193 * (local rate)

Contact Michael Tuck - Gloucester about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Michael Tuck - Gloucester, and do not constitute property particulars. Please contact Michael Tuck - Gloucester for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Clarence Street property for sale