Wellington Parade, Gloucester, Gloucestershire, GL1
CG

Wellington Parade, Gloucester, Gloucestershire, GL1

By CGT Sales Ltd

£ 250,000

Reviews

2 out of 5 stars

CGT Sales Ltd says ..

Are you ready to seize the chance to elevate your investment portfolio? Look no further than Wellington Parade, Gloucester. This Grade II listed property boasts a unique proposition; a block of three spacious one-bedroom apartments, alongside a studio apartment. This freehold investment ...

Property Oracle says ..

This property, a block of apartments on Wellington Parade in Gloucester, presents a mixed bag. Its location in Gloucester offers convenience due to its proximity to the train station and several schools; Kingsholm Church of England Primary school being a notable example with an ‘Outstanding’ Ofsted rating. However, the property’s overall condition requires attention. Some rooms and facilities appear dated, and would benefit from modernisation. This is particularly evident in the variation between kitchen and bathroom conditions shown in the pictures. The significant lack of land, indicated by a 0.00 sqft plot size, is a considerable drawback. The £250,000 price tag needs more context; while reasonable considering the location, further data is needed to judge its true value for money compared to similar properties in the same area. Investors may see potential in this property, however those looking for a move in ready property will need to factor in significant renovations. The potential rental income might be a factor to determine this properties value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
4
Bathrooms
4
Sqft (est)
1,205.34

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
332,488.00 £
Increased by 46.95 %
from 226,254.00 £
Est sale value
471,287.94 £
Increased by 48.11 %
from 318,209.76 £
Average area rental value
1,069.00 £/mo
Increased by 11.24 %
from 961.00 £/mo
Est letting value
1,205.34 £/mo
Unchanged by 0.00 %
from 1,205.34 £/mo
Est rental Yield
3.86 %
Decreased by 24.31 %
from 5.10 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • CGT Sales Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Edward Jenner SchoolOther Independent School0.27 KM
Kaleidoscope Kingsholm Children'S CentreChildren's Centre0.31 KM
Kingsholm Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding0.42 KM
The King'S School, GloucesterOther Independent School0.66 KM
Al-Ashraf Secondary School For GirlsOther Independent SchoolGood0.67 KM

Images

CAM00585P1-PR0224-STILL05 CAM00585P1-PR0224-STILL02 CAM00585P1-PR0224-STILL06 CAM00585P1-PR0224-STILL08 CAM00585P1-PR0224-STILL07 CAM00585P1-PR0224-STILL04 CAM00585P1-PR0224-STILL10 CAM00585P1-PR0224-STILL11 CAM00585P1-PR0224-STILL12 CAM00585P1-PR0224-STILL09 CAM00585P1-PR0239-STILL02 CAM00585P1-PR0239-STILL01 CAM00585P1-PR0239-STILL03 CAM00585P1-PR0239-STILL04 CAM00585P1-PR0224-STILL03

Nearby Streets

NameAverage PriceAverage SqftDistance
Claremont Road £ 000.00 KM
Clarence Row £ 315,00000.00 KM
Royal Lane £ 130,00000.00 KM
Bedford Street £ 125,00000.00 KM
Albert Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gloucester4760GCR0.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wellington Parade, Gloucester, Gloucestershire, GL1 £ 250,000BUY4 / 100.00 KM
The Courtyard, London Road, Gloucester £ 190,000BUY6 / 100.04 KM
Oxford Street, Gloucester £ 210,000BUYUnknown0.07 KM
Oxford Street, Gloucester £ 210,000BUYUnknown0.08 KM
Northgate Court, Gloucester, GL1 £ 85,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
7 Wellington Parade £ 475,0000.01 KM
18 London Road £ 37,5000.03 KM
20 London Road £ 145,0000.03 KM
18 Oxford Terrace £ 42,5000.07 KM
7 Oxford Terrace £ 85,8000.07 KM