Offers over
£120,000
(£265/sq. ft)
1 bed flat for saleGloucester Road, Cheltenham GL51
1 bed
1 bath
1 reception
453 sq. ft
EPC Rating: C
- Chain free
- Leasehold
Morgan Associates Ltd
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About this property
8.5% Yield
Second-floor apartment with modernisation potential in a purpose-built block along Gloucester Road.
Excellent access to both the train station and the vibrant town centre.
Available with no onward chain.
One double bedroom.
One bathroom with a shower over the bath.
Residents permit parking.
A fun project for anyone wishing to put their own mark on this delightful little home, and equally a great rental opportunity for investors, or those seeking a convenient, central lifestyle.
Tucked quietly at the rear of a purpose-built block on the ever-popular Gloucester Road, this second floor apartment enjoys a superb location just a short walk from Cheltenham’s train station and the vibrant town centre.
Available with no onward chain, the property comprises entrance hall, double bedroom, bathroom with shower over, and an open-plan living space with fitted kitchen and breakfast bar. The interior is dated but clean and fully functional - a blank canvas ready to inspire!
Externally, the apartment benefits from resident permit parking, while additional features include UPVC double glazing for enhanced energy efficiency and comfort.
With a total size of 398 square feet, this property has been a successful buy-to-let investment for many years, with an expected rental income of approximately £850 pcm. Ideal for a quick refurb or more if desired, it offers the buyer a wonderful opportunity to create a dream apartment that’s incredibly affordable in a prime location.
Please note the property is now empty of all furnishings.
Further Information:
Tenure: Leasehold
Lease Duration: 125 years from 24th June 1992 (93 years remaining).
Service charge: £751.54 every 6 months, reviewed annually.
Ground rent: £22.50 every 6 months, reviewed annually.
Management Company: Metro P M
Freeholder: HomeGround Management.
Pets ok subject to type of pet.
Services: Mains gas, electricity, water and drainage. Gas central heating.
Council tax band: A
Local authority: Cheltenham Borough Council. Tel.
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More information
Tenure
Leasehold (93 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review