Savills | Provender, Bakers Quay, Gloucester Docks, Gloucester, GL1 5SH | Properties for sale
41.16 sq m(443 sq ft)
Guide price £150,000(€165,193)

ProvenderBakers Quay, Gloucester Docks, Gloucester, GL1 5SH

  • New development
  • Help To Buy

Key features

  • Investment apartments
  • Currently achieving 5.5%, potential for 6% (based on recent lets)
  • Set across the first and second floor
  • All with balconies (some south facing)
  • Some with beautiful views of the water
  • Lift access
  • Awaiting EPC

A collection of three 1 bedroom investment apartments which can we be purchased separately or as a whole currently achieving a 5.5% yield with potential to achieve 6% (as per recent lets).

About this property

  • We're still here and open for business, just not from our usual place.

    As the spread of Covid-19 continues and in line with the latest government advice, we have taken the decision to temporarily close our offices and sales centres and move to remote working. If you would like to discuss the development please call us on 01242 548009 and a virtual video tour will be coming soon.

    A collection of four 1 bedroom investment apartments which can we be purchased separately or as a whole currently achieving a 5.5% yield with potential to achieve 6% (as per recent lets). Prices ranging from £150,000 to £155,000.

    Built on the footprint of the old Foster Brothers Oil and Cake Mill, the modern Provender building has been sympathetically designed to blend seamlessly into its historic surroundings, with many iconic features of the original mill retained.

    The well-appointed apartments are set across five floors, many with extensive balcony space and panoramic views. Stairs and a lift lead residents down to a large private lobby, to a ground floor given over to cafe and restaurant space and then to the many attractions of the Docks, Gloucester and beyond.

    All apartments at Provender will be finished to an exceptional standard. Kitchens will incorporate a Bosch electric oven, microwave and ceramic hob; there will also be a built in dishwasher, washing machine, fridge/freezer and contemporary under-counter sink. Bathrooms will have elegant Villeroy & Bosch fittings.

    Visit www.bakersquay.com to view the development brochure.

Amazing investment apartments with a tenant in situ achieving 5.5% yields with potential for 6%

Katy RichardsProperty agent

Additional information

  • Directions: Arrival by car (from the North) Leave the M5 at junction 11, taking the third exit at the roundabout onto the A40 slip road towards Gloucester and Cirencester. Remain on the A40 before taking the A417, signposted 'city centre', then turn right onto Castle Meads Way / A430, and subsequently left onto St Ann Way. Crossing the canal, take an immediate left into Baker Street. The entrance to Bakers Quay is 100m on your left. Arrive by car (from the South) Take junction 15 off the M4. Take the A419 and then the A417 to Gloucester. When in Gloucester, at the roundabout where the A417 turns right, go straight ahead on the A38 (Corinium Avenue). Turn right into Metz Way (signposted Gloucester Docks). At the end of this road turn left at the traffic lights into Bruton Way / A430. Continue down Trier Way. This bends to the right into St Ann Way into Gloucester Docks. Just after the Travelodge, turn right into Baker Street, with Bakers Quay 100m on your left. Arrive by car (from the East) Take junction 12 on the M5 towards Gloucester (A38) following signs to 'Gloucester' and 'Gloucester Docks'. Continue straight onto the Bristol Road / A430 before joining Hempstead Lane and turning right onto St Ann Way. Turn left onto Baker Street at the traffic lights. The entrance to Bakers Quay is 100m on your left.