Stroud, Gloucestershire, GL5

££425,000 Guide

2 Bedroom House Under Offer

Description
The property is held in 4 titles to be sold as one lot, adjacent to the Thames and Severn Canal on the south eastern approach to Stroud. The maisonettes require refurbishment. There is good potential to add value to the existing properties and build additional dwellings on the large site, subject to the usual consents.

Location
The property is located in a picturesque location in the Burtterow Hill area on the edge of Stroud, in Gloucestershire. This location gives good access to the A419 and is approximately 14 miles from Cirencester.

Accommodation
Devonian: Lower Ground / Ground Floor: Flat 1 - 103 sqm / Energy Rating F. Registered rent. First & Second Floor: Flat 2 - 97 sqm / Energy Rating F. Let on an AST.

Ulsterville: Lower Ground & Ground Floor: Flat 1 - 102 sqm / Energy Rating G. Let on an AST. First & Second Floor: Vacant Awaiting EPC.

The plot on which the garages sit extends to around 0.38 Acres.

Services
Mains electricity, water, gas, and sewage are connected.

Tenure and possession.
Freehold, held on 4 titles: The ground / lower ground floor Devonian maisonette is let on an AST at £450 pm. The upper maisonette is let on an AST with passing rent at £300 pm, the rent has been temporarily reduced because a ceiling in one room requires repair. The ground / lower ground floor Ulsterville maisonette is subject to a regulated tenancy, currently producing £425 pm, the upper maisonette is vacant. We refer bidders to the legal pack for a schedule of tenancies.

Planning and Local Authority
Any enquiries should be addressed to Stroud District Council.

Viewings
External viewings and viewings of the vacant upper floor Maisonette in Ulsterville will be available at the following times:
• Wednesday – 17:00-17:30
• Friday – 12:30-13:00
Please call to arrange - 01285 648112

Terms
The property is to be sold in an online auction on 13th July 2023, administered by www.NetworkAuctions.co.uk, unless sold prior.

Any further queries about the auction process should be directed to Toby Limbrick at Network Auctions on:
0207 871 0420 – tl@networkauctions.co.uk

Tenure: Freehold

What3Words: ///initial.bedrock.unleashed

Stroud, Gloucestershire, GL5
  Open map

Floorplans

floorplan floorplan floorplan

No EPC available for this property

Arrange a viewing

Use this form to request specific information about this property or to arrange a viewing

Office Details

Cirencester
33 Castle Street
Cirencester
GL7 1QD

01285 648100
property@mooreallen.co.uk

Make an Offer on this Property

If you are interested in this property you can make an offer today.