Property photos
Freehold
Offers over
£600,000
Block of flats for sale
High Street, Cinderford GL148 baths
8 receptions
Local area information
Property location
Nearby amenities
- The Forest High School 0.4 miles
- Forest View Primary School 0.4 miles
- Sharpness Old Docks 7 miles
- Lydney 7.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Cinderford to find out more about the local area.
Features and description
- Freehold
- Eight purpose built one bedroom apartments
- All apartments have double glazing, electric background heating, allocated parking & woodland views
- Each apartment having A kitchen/livingroom, bedroom & bathroom
- 999 year lease from January 2003
- Situated closed to the town amenities
- The apartments are currently fully let
Toombs & Toombs Property Consultants are pleased to offer for sale this investment building comprising eight purpose built one bedroom apartments with allocated parking and views situated in a town centre location. Current rent passing circa £525 pcm per apartment/approx. £50,400k per annum, potential uplift to £550 pcm per apartment/circa £52,800k per annum. Subject to planning consent potential for further apartments within the attic space.
Approximate Room Sizes
Bedroom - 4m x 3m (13'2 x 9'10)
Kitchen/Living room - 4m x 4.2m (13'2 x 13'9)
Bathroom - 1.74m x 2m (5'9 x 6'6)
Outside
Allocated parking for each apartment.
Agents Note
On offer the Freehold incorporating the Management company - Kenley House Management Company Limited to the incoming purchaser. That purchaser can then offer or sell them individually with leasehold options.
Services
Mains water, electricity and drainage. The services and central heating, where applicable, have not been tested.
Viewing
Please note our vendor clients will only allow viewings on the basis of a cash proceedable purchaser, or proven investment buyer with proof of funding i.e. Commercial mortgage etc. Viewings do require an element of notice, not all apartments will be available to view, one or two will be available as examples of the whole block. If a sale is agreed with the client then a more in-depth inspection of the whole block will be agreed.
Outgoings
Council tax band 'A'
apartments 2,3,4 & 6 - EPC rating 'C'
apartments 1,5,7 & 8 - EPC rating 'D'
Agents Note
The Partners of Toombs & Toombs Properties have a financial interest in this property.
Approximate Room Sizes
Bedroom - 4m x 3m (13'2 x 9'10)
Kitchen/Living room - 4m x 4.2m (13'2 x 13'9)
Bathroom - 1.74m x 2m (5'9 x 6'6)
Outside
Allocated parking for each apartment.
Agents Note
On offer the Freehold incorporating the Management company - Kenley House Management Company Limited to the incoming purchaser. That purchaser can then offer or sell them individually with leasehold options.
Services
Mains water, electricity and drainage. The services and central heating, where applicable, have not been tested.
Viewing
Please note our vendor clients will only allow viewings on the basis of a cash proceedable purchaser, or proven investment buyer with proof of funding i.e. Commercial mortgage etc. Viewings do require an element of notice, not all apartments will be available to view, one or two will be available as examples of the whole block. If a sale is agreed with the client then a more in-depth inspection of the whole block will be agreed.
Outgoings
Council tax band 'A'
apartments 2,3,4 & 6 - EPC rating 'C'
apartments 1,5,7 & 8 - EPC rating 'D'
Agents Note
The Partners of Toombs & Toombs Properties have a financial interest in this property.
Floor plans and tours
Floor plans (1)
More information
Listed by
Toombs & Toombs Estate Agents
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