Gloucester Road, Cheltenham
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
453 sq ft
42 sq m
Key features
- 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.
Description
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.
Brochures
Gloucester Road, CheltenhamBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Gloucester Road, Cheltenham
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About Morgan Associates, Cheltenham
Rotunda Buildings, Montpellier Exchange, Cheltenham, GL50 1SJ
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Visit our security centre to find out moreDisclaimer - Property reference 33391368. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morgan Associates, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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