2 Bed Flat For Sale Park Road, Gloucester, GL1

£165,000- Flat

1 of 9
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Last Updated: 25th March 2024

Description

THE PROPERTY
This apartment is within walking distance of Gloucester's city centre as well as its historic docks. Also within reach is the popular Gloucester Quays development which has shops, restaurants, bars, a gym and a cinema.

This well presented home is situated on the ground floor of a modern conversion, has it's own outside space and would be a fantastic first time or investment purchase.

For prospective purchasers that are looking to 'Buy to Let', we feel the likely rental price is in the region of £1,000 pcm.

There are two double bedrooms with the main 15'2 bedroom having an en-suite with a large shower. There is also a main bathroom that has an over-bath rainfall shower. The living room measures 10'4 x 19 and leads to a 7'6 x 17'8 kitchen/dining room. This has space for cooking, seating and dining whilst also having access out to a private 9'11 enclosed patio/terrace to offer further space for seating and dining.

The property is warmed by gas fired central heating and has double glazing. There is a security audio entry system as well as a communal locked bike store and a communal TV Aerial and Satellite Dish.

Parking permits for the GC zone can be purchased from Gloucestershire County Council for two vehicles (as well as fifty visitors permit passes a year).

LEASEHOLD INFORMATION
As this property is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. We recommend you consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase and to confirm the accuracy of these statements.

The seller has informed us of the following information:

* Lease: 25.12.2018 to and including 24 December 2143

* Service Charge: Currently £1,200 per year

* Ground Rent: Currently £100.00 per year
 
Agent Details
O'Connell Property Agents
50 High Street, Tewkesbury, GL20 5BH

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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