Worcester Street, Gloucester

An exceptional investment opportunity has arisen in the heart of Gloucester City Centre. With approved planning permission, you can begin the construction of a modern apartment complex featuring 14 residential units across four stories, complete with a communal courtyard and dedicated storage for bicycles and refuse. The project involves the demolition of existing structures to make way for two four-storey buildings designed to accommodate a variety of floor plans: 4 two-bedroom apartments and 3 one-bedroom apartments on the ground and first floors, alongside 2 two-bedroom units and 5 one-bedroom units on the upper levels. Positioned conveniently near Gloucester Train Station, the new Forum development, and bustling Gloucester Quays, this site benefits from excellent accessibility. This project promises significant potential value appreciation, with estimated gross development values reaching £2,170,000 by March 2026. The area features a balanced mix of commercial retail spaces and residential living, ensuring steady demand for housing in this vibrant locale.