Gloucester · GL1
London Road
Offers Over · Originally listed at £350,000
Murdock & Wasley Estate Agents are delighted to offer this substantial freehold investment opportunity, comprising two well-proportioned three-bedroom split-level apartments situated in a central location within walking distance of the hospital, university and city centre.
The property is being sold with tenants in situ, providing an immediate and established rental income of approximately �25,200 per annum. Based on a purchase price of �350,000, this represents an attractive gross yield of approximately 7.2%, making this an excellent opportunity for both seasoned and first-time investors seeking a strong, income-generating asset.
Further enhancing its appeal, the property also offers clear potential for future uplift, with scope to review rental levels over time and explore alternative strategies, subject to the necessary permissions, including possible conversion to an HMO to maximise returns.
This is a rare opportunity to acquire a turnkey investment in a consi…
The home, in the agent’s words
- 2 x Three Bedroom Split Level Apartments
- Freehold Purchase
- Currently Achieving �25,200 per annum (�1000 & �1100pcm)
- Gross Yield of 7.2%
- Spacious Accommodation - 1471 Sq Ft Over Four Floors
- Walking Distance To Hospital, University and City Centre
- Possible HMO Conversion (STPP) for Increased Returns
- Strong Potential for Rental Uplift and Long-Term Growth
- EPC Rating: D
Read the full agent description
Murdock & Wasley Estate Agents are delighted to offer this substantial freehold investment opportunity, comprising two well-proportioned three-bedroom split-level apartments situated in a central location within walking distance of the hospital, university and city centre.
The property is being sold with tenants in situ, providing an immediate and established rental income of approximately �25,200 per annum. Based on a purchase price of �350,000, this represents an attractive gross yield of approximately 7.2%, making this an excellent opportunity for both seasoned and first-time investors seeking a strong, income-generating asset.
Further enhancing its appeal, the property also offers clear potential for future uplift, with scope to review rental levels over time and explore alternative strategies, subject to the necessary permissions, including possible conversion to an HMO to maximise returns.
This is a rare opportunity to acquire a turnkey investment in a consistently high-demand rental location, combining strong current income with excellent long-term growth prospects. Early viewing is highly recommended.
Call To View: 01452 682 952
Local Authority - Gloucester City Council
51 London Rd: Council Tax Band: A
51a London Rd: Council Tax Band: A
Tenure - Freehold
Both Apartments have leases dated from the 1st of May 2007 to and including the 31st of March 2104
Services - Mains water, gas, electricity and drainage.
Awaiting Vendor Approval - These details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.
A feel for the area
Connected for everyday life
67%of homes in the postcode can access 100+ Mbps broadband.
Available speed bands
- 30+ Mbps
- 100%
- 100+ Mbps
- 67%
- 300+ Mbps
- 67%
- 1,000+ Mbps
- 67%
Getting about
0.2 milesto Gloucester Rail Station
Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026Background air quality
- Fine particles · PM₂.₅
- 6.7 µg/m³ · Above the WHO guideline · well within the UK legal limit
- Nitrogen dioxide · NO₂
- 10.6 µg/m³ · Above the WHO guideline · well within the UK legal limit
Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.
Defra · 2024 annual model · 1 km areaLocal information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.
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The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.
Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.
Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.