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Residential   Ref: 3402746

Upper Town

Gibraltar

£360,000

£3,956 per sqm


  • Bed Icon 3 bedrooms
  • Bath Icon 2 bathrooms
  • House Icon 85 m2
  • Fence Icon 12 m2

A three bedroom cottage in need of some love in a historic Gibraltar lane

Requiring renovation, this three bedroomed cottage offers a great opportunity to build value in an area earmarked for immediate regeneration.  Road to the Lines is one of Gibraltar's oldest streets, located just below the Castle and moments from Casemates Square.  The streetway (along with Castle Ramp behind) is due to see large scale improvement works including refurbishment of adjacent buildings and relaying of streetways and street furniture.  This property will benefit from that improvement works and could be a great family home with the current layout lending itself well for family life.  The property comprises a spacious reception room and separate kitchen / diner downstairs, with three well proportioned bedrooms and a bathroom upstairs.  Ideal for dog owners, Road to the Lines leads on to the Northern Defences, which offers great walking opportunities with wonderful views of Spain.

No residency restrictions

Service charge: £100 pa
rates: £300 pa
Lease expires: 12th January 2099

PROPERTY FEATURES

-Three Bedroom Terrace
-Two Bathrooms
-Redevelopment Area
-Requires Refurbishment
-Shared Roof Terrace
-250yd from Casemates
-Internal: 85 m2
-External: 12 m2
-Rates: £300 pa Service charges: £100 pa


£360,000

£3,956 per sqm

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About Upper Town

The old town of Gibraltar is based on the West side of the Rock, and is now referred to as Upper Town. Whilst it is not far from the City Centre, there are a lot of steep hills, and parking is at a premium.



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Stats Icon Market Stats

Average price for sale in Upper Town of properties currently on the market:

Studio: £235,000 £4,700 per sqm

1 bed: £299,500 £5,816 per sqm

2 beds: £357,250 £5,497 per sqm

3 beds: £794,147 £5,851 per sqm

4 beds: £1,827,490 £6,426 per sqm

5 beds: £1,150,000 £5,315 per sqm

6 beds: £2,750,000 £6,858 per sqm

10 beds: £2,600,000 £2,793 per sqm

View other properties in Upper Town


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