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Westgate Street, City Centre, Gloucester, GL1
For saleReduced 30 Oct 2026
£165,000Offers in excess of

Westgate Street, City Centre, Gloucester, GL1 2NG

3bedrooms
3bathrooms
Block of Apartmentstype
Leaseholdtenure

Listed 10 Sept 2025 · price reduced 30 Oct 2026 · Gloucester

How the price compares

This home£165,000
Median 3 bed in GL1£240k49 homes listed · £257 per sq ft
Difference-31%below the area median

Key features

  • Chain Free Block of Apartments
  • Prime City Centre Location
  • Three One Bedroom Apartments
  • High Rental Yield Potential - 12%
  • Tenants in Situ
  • Multiple Income Stream
  • Sought After Location near Gloucester Cathedral
  • Capital Growth Potential

About this home

Investment Opportunity – Three Leasehold Apartments, 36 Westgate Street, Gloucester We are delighted to present to the market this rare investment opportunity situated in the heart of Gloucester city centre. 36 Westgate Street comprises the leasehold of three self-contained apartments, offering both strong rental potential and long-term capital growth as it is being sold with tenants in situ. Positioned along one of Gloucester’s historic streets, just a short walk from the Cathedral, Gloucester Quays, and in the heart of the city centre, the property enjoys an enviable location with excellent transport links, shopping, dining, and leisure facilities nearby. The AccommodationApartment One: A well-presented one-bedroom apartment featuring open-plan living and kitchen space, bathroom, and city views. Current Rental Payment = £475pcm Market Rent = £650pcm 58sqm

Apartment Two: Spacious one-bedroom apartment with generous living area, separate fitted kitchen, and wonderful Cathedral views.  Current Rental Payment = £590pcm Market Rent = £650pcm 67sqm

Apartment Three: Characterful one-bedroom apartment with open-plan layout, fitted kitchen, and shower room. Current Rental Payment = £650pcm Market Rent = £650pcm 41 sqm

Current rental income = £20,580 per annum Potential rental income = £23,400 per annum  ADDITIONAL INFORMATION: Chain Free Investment info: circa £20,000 per annum  Council Tax: Band A The property is located above a commercial premises  Heating: Electric Heating throughout  Tenure: Leasehold Leasehold information: Expiry Date 2127 (102 years remaining)  Service Charge Annually for all three flats: £1,716.76 per annum Ground Rent Annually: £0.00 per annum  EPC: E Each apartment is finished to a good standard throughout, benefitting from modern fixtures and fittings while retaining charm in this historic location. This property offers a fantastic opportunity for investors looking to acquire a ready-made portfolio in a thriving and ever-developing city centre location.Viewing is highly recommended.

Belvoir Estate Agency. Selling & Letting Residential Property across 170 Offices in the UK. 7,000 Property Sales. 60,000 Properties Under Management.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information, simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £200.00, if you take out a mortgage through them. If you require a solicitor to handle your purchase, we can refer you on to a variety of solicitors. We may receive a fee of £100 if you use their services. EPC rating: E. Tenure: Leasehold, Length of lease (remaining): 100 years 7 months,

Property details

Property type
Block of Apartments
Council tax band
A
Tenure
Leasehold
Ground rent
£0 per year
Service charge
£1,716.76 per year
Parking
No parking
Heating
Electric, Central

Floorplan

Floorplan

Location

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  • Gloucester Station0.3 mi

What nearby homes sold for

Median sold prices in GL1 over the last 12 months: terraced £192k · flat £145k · semi-detached £250k · detached £375k.

AddressTypeSoldPrice
Flat 98, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PB
Flat
Leasehold
8 Sept 2026£100,000
Flat 116, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PB
Flat
Leasehold
13 Mar 2026£56,000
Flat 33, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PA
Flat
Leasehold
6 Mar 2026£55,000
27 Westgate Street
Gloucester GL1 2NW
Other
Freehold
21 Oct 2025£217,500
Flat 112, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PB
Flat
Leasehold
24 Sept 2025£130,000
The Gateway, 92 - 96, Westgate Street
Gloucester GL1 2PE
Other
Freehold
5 Sept 2025£610,000
Flat 22, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PA
Flat
Leasehold
15 Aug 2025£59,000
Flat 77, Castlemeads Court, 143, Westgate Street
Gloucester GL1 2PB
Flat
Leasehold
25 Jul 2025£118,000
Flat 3, 17a, Westgate Street
Gloucester GL1 2NW
Flat
Leasehold
2 May 2025£165,000
Flat 2, 17a, Westgate Street
Gloucester GL1 2NW
Flat
Leasehold
2 May 2025£150,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in GL1

Buying costs

Monthly repayment£825£16,500 deposit · £148,500 loan
Stamp Duty£800England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Belvoir, Gloucester on Rightmove (original listing). First listed 10 Sept 2025; details checked 7 Nov 2026. Latest change: reduced on 30/10/2026.

Agent disclaimer

Disclaimer - Property reference P3346. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Gloucester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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