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£129,950

Gloucester Road, Cheltenham, GL51

  • 1 bed
Flat

£129,950

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£593 per month

Minimum deposit amount:

£6,498
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Tucked quietly at the rear of a purpose-built block on the ever-popular Gloucester Road, this second floor apartment enjoys a peaceful setting just a short walk from Cheltenham Spa station and the vibrant town centre.

Recently redecorated and fitted with new carpets, the apartment has undergone a sensitive programme of improvements, bringing it to a fresh and presentable standard throughout. The result is a light, neutral and move-in-ready space that requires no further work.

The accommodation comprises an entrance hall, double bedroom, bathroom with shower over bath, and an open-plan living area with fitted kitchen and breakfast bar. Benefitting externally from UPVC double glazing and resident permit parking.

With a total footprint of 398 square feet, the property has a proven rental history and offers excellent potential as a buy-to-let investment, with an expected income of approximately ?850 per calendar month. It is equally well suited to first-time buyers seeking a straightforward, low-maintenance home in a prime location.

The property is offered for sale with no onward chain and is now presented unfurnished.

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. 01242 26 26 26

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