Lot 2 – Caragh House, Newland Street, Coleford, Gloucestershire, GL16 8AH

In by Rachel

This is a high yielding investment property with a wellestablished
income of circa £40,000. A substantial
and imposing Grade II Listed town house arranged as
eight self-contained one-bedroom flats, all currently let
to tenants, most of whom have been in occupation for
several years. The flats would benefit from modernisation
and improvement, and there is potential to convert some
to two-bedrooms. There is a large cellar and a large rear
garden, both of which offer development potential. With
various options, this is sure to be of great interest to
investors and developers.Viewing by appointment only.