Guide price
£150,000
2 bed flat for saleNimbus House, Gemini Close, Cheltenham GL51
2 beds
1 bath
1 reception
- Auction
- Leasehold
National Residential
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About this property
Two-Bedroom Top Floor Apartment | Cheltenham | Close to gchq | Allocated Parking | Ideal First Home or Investment
National Residential present a spacious top-floor two-bedroom apartment in a well-connected residential setting to the west of gchq, offering size, convenience and strong long-term potential for both homeowners and investors. Open to all buyers.
Key Information
* Leasehold: 155 years from 1 January 2008 - approx. 138 years remaining
* Ground Rent: £250 per annum
* Service Charge: £1,192.96 per annum
* Council Tax Band: B
Property Overview
Top-floor position in a modern block, accessed via a secure communal entrance and well-maintained stairwell. The flat provides:
* Large open-plan living/dining area with fitted kitchen
* Two double bedrooms
* Bathroom
* Allocated parking space
The property requires updating, providing scope to improve and add value.
Location
Positioned in a quiet cul-de-sac off Gemini Close, the property is well placed for local amenities, transport links and major employment hubs.
* Walking and cycling distance to gchq
* Quick road access to the M5 for travel towards Bristol, Birmingham and Worcester
* Cheltenham town centre easily reached for major retail, leisure and cultural facilities
* Nearby supermarkets, retail parks and everyday services
The wider area includes reputable schooling options, open green spaces and reliable public transport, making the location practical and in demand.
Arrange Your Viewing
Please watch our online video tour for a closer look at the property. Viewings are highly recommended.
For further information or to arrange a viewing, please contact our specialist sales advisor.
Your next home or investment opportunity awaits - schedule your viewing today.
Important Notice
All prospective buyers are advised to review the lease terms, including ground rent and service charge details, and to seek professional legal advice before proceeding with a purchase.
This property is only available for purchasers who are not in a chain.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
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More information
Tenure
Leasehold (138 years)
Service charge
£1,193 per year
Council tax band
B
Ground rent
£250
Ground rent date of next review