£97,500
(£296/sq. ft)
1 bed flat for saleGolden Vale, Churchdown GL3
1 bed
1 bath
1 reception
329 sq. ft
EPC Rating: E
- Chain free
- Leasehold
O’Connell Property Agents
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About this property
Studio Flat
Garage (en-bloc)
No Onward Chain
Likely Rental: £650 pcm
18'1 Combined Living/Sleeping Area with Balcony (views)
Kitchen (with appliances)
Bathroom (over-bath shower)
Well Maintained Communal Gardens
Current EPC Rating: E48 (Potential for C76)
Council Tax: Band A (Tewkesbury Borough Council)
The Property and Location
Situated within the popular Churchdown area of Gloucester is this studio apartment that is set on the second floor of a purpose built block. It is offered for sale with no onward chain as well as a loft space and an en-bloc garage.
We feel this property could be of interest to someone looking to buy to live in the property as a their home or, for an investor, as a ‘buy to let’ as we feel the property has a likely rental price of £650 pcm.
Initially you enter the apartment to a lobby where there is a storage cupboard, a door to the bathroom (white suite) as well as a further door to take you through to the main open-plan living and sleeping space which measures 10'6 x 18'1 - The room offers space to have a double bed or perhaps a sofa bed as well as space for a sofa etc plus there is a storage cupboard (also housing the hot water cylinder) and a balcony that offers views over rooftops to the hillside beyond.
From the open-plan living and sleeping space, there is a door through to an 8'2 x 7'7 kitchen that has fitted storage units and worksurfaces as well as a good size pantry/storage cupboard. There are also the following appliances included cooker, a washer/drier, a fridge and a microwave.
There is electric heating and double glazing as well as a the single garage (en-bloc) as previously mentioned. The communal gardens are well maintained. There is access to regular bus services to both Cheltenham and Gloucester, The property is conveniently located within reach of local amenities. These include a library, a post office, convenience store, bakery and pharmacy.
Tenure: This property is leasehold. The lease is 999 years from 15.10.1982. The Ground Rent is ‘peppercorn’ which is a legal term for a small amount of money that is so small that it is never actually paid. Legally, it exists just to make sure the lease is valid, but in practice, it means the leaseholder pays no meaningful ground rent. The Seller has informed us that the maintenance charge is currently £88.00 pcm.
Agent’s Note: On our website, each property has it’s own page. At the bottom of that page is an interactive map. Under the ‘environment’ section of that map, you can see a property’s flood risk (rivers, seas and surface water) as well as lot’s of useful information such local schools (and their ratings), transport links, amenities, broadband information, mobile phone coverage, price trends and more.
EPC Rating: E
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More information
Tenure
Leasehold (956 years)
Service charge
£88 per month
Council tax band
A
Ground rent
£0
Ground rent date of next review