2 bed flat for sale

Horton Road, Grh (Gloucestershire Royal Hospital), Gloucester GL1

Chain-free property to be sold with tenants in situ.

A fantastic investment opportunity with an impressive 8.7% gross rental yield!

Belvoir Gloucester are delighted to present this well-presented two-bedroom duplex ground-floor apartment, offered for sale with tenants in situ and currently generating a rental income of £1,350 per calendar month (£16,200 per annum). With an asking price of £186,000, this property offers an approximate gross rental yield of 8.7%, making it an excellent opportunity for investors looking to expand their portfolio.

The property offers spacious and versatile accommodation, comprising two double bedrooms, a separate study, two bathrooms and a generous reception room, alongside a separate kitchen/diner. One of the bathrooms further benefits from a stylish freestanding bath.

Further benefits include permit visitor parking, a separate storage unit and an available garage, providing additional practicality and storage options. The kitchen also benefits from an integrated dishwasher and fridge freezer.

Ideally situated within easy reach of Gloucester city centre and Gloucester Royal Hospital, the property is conveniently positioned for a range of local amenities, including shops, supermarkets, cafés and public transport links. Gloucester Railway Station is also within easy reach, offering connections to Cheltenham, Bristol and Birmingham.

The nearby Gloucester Docks and Gloucester Quays offer an excellent selection of shopping, restaurants and leisure facilities, while Gloucester Park provides nearby green space.

Offered at £186,000, this is an excellent opportunity to acquire a tenanted investment property generating £16,200 per annum, with an approximate gross rental yield of 8.7%. Early enquiries are highly recommended!

Additional information:

Council Tax: Band C
Floor Area: 98sqm
Heating: Electric Heating
Parking: Permit Parking Space
Fully working intercom system

Tenure: Leasehold
Managing Agent: Cmg
Leasehold information: Expiry Date 3005 (979 years remaining)
Service Charge Annually: Circa £3384.22
Ground Rent Annually: £150 per annum
EPC Rating: D

Belvoir Estate Agency. Selling & Letting Residential Property across 170 Offices in the UK. 7,000 Property Sales. 60,000 Properties Under Management.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information, simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £200.00, if you take out a mortgage through them. If you require a solicitor to handle your purchase, we can refer you on to a variety of solicitors. We may receive a fee of £100 if you use their services.

EPC rating: D. Service charge description: Inc. Insurance
paid bi-annually
freeholder = Redrow Homes South West Ltd
manco = first port

Study

Lounge (3.65m x 5.1m (12'0" x 16'9"))

Kitchen/Breakfast Room (2.89m x 4.89m (9'6" x 16'1"))

Utility

Bedroom (2.84m x 3.23m (9'4" x 10'7"))

Bedroom (3.63m x 3.63m (11'11" x 11'11"))

En-Suite Bathroom

En-Suite Shower Room

Water Closet

Entrance Hall