Inside Gloucester Terraced House Listed at £110k Auction Price
A charming Edwardian terrace in Gloucester is set for auction at £110,000, ideal for first-time buyers or investors.
Gloucester, UK, Terraced House, Auction, Real Estate, First-Time Buyers
Gloucester: There’s a neat Edwardian terraced house up for auction, and it’s got a guide price of just £110,000. This two-bedroom gem on Wellesley Street is going under the hammer on February 6, 2025, with Bond Wolfe.
Now, here’s the kicker: homes in that area have been selling for around £179,000 lately. So, this auction could be a sweet deal for anyone looking to snag a bargain. It’s perfect for first-time buyers or landlords wanting to add to their collection.
Gurpreet Bassi, the CEO of Bond Wolfe, mentioned that this property is right on the pavement in the popular Tredworth area, not far from Gloucester city center and close to Ribston Hall High School.
He said, “16 Wellesley Street is one of those solid and attractive Edwardian terraces that always catch the eye of first-time buyers and renters. It has a hall, a cozy reception room, and an open-plan kitchen and dining area, plus a rear lobby and a shower room with a toilet on the ground floor. Upstairs, you’ll find two bedrooms, and it’s got gas central heating and double glazing throughout, along with a nice rear garden.”
The kitchen and dining area are spacious, with a skylight that lets in loads of natural light. Plus, those two bedrooms are a good size, and the garden out back is a nice bonus.
Interestingly, prices on Wellesley Street have gone up by 8% over the last year, matching the peak from 2021 at around £177,667. This Gloucester property will be one of many lots in Bond Wolfe’s upcoming auction, which kicks off at 8:30 AM on Thursday, February 6.
And if you’re interested, the auction will be livestreamed on Bond Wolfe’s website, with options to bid remotely via proxy, phone, or online. For more info and to register, you can check out their website or give them a call.