This property has been taken off the market.

1 Bed Flat For Sale Gloucester, GL1

£160,000- Flat

1 of 12
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Last Updated: 18th May 2024

Description

Offered to the market with no onward chain, this modern one bedroom apartment is situated on the third floor of the popular Merchants Quay development in the heart of the historic Gloucester Docks. Benefitting from open plan living accommodation and a Juliet balcony overlooking the Historic Docks. Viewing is highly advised for residential buyers and investors alike with a potential rental income of £795 pcm.

Entrance Hallway - Spacious entrance hallway, with secure intercom system, provides access to the bedroom, bathroom, living area and to a built-in storage cupboard.

Living Room / Kitchen - Open plan living area with convenient space for lounge and dining space with Juliet balcony boasting waterside views over the main water basin. The kitchen area benefits from ample worktop and storage space with integrated appliances to include fridge, freezer, washing machine, four ring gas hob and electric oven.

Bedroom - Spacious double bedroom with window facing to the front aspect and built-in wardrobe space.

Bathroom - Modern white suite family bathroom comprising of w,c, wash hand basin, large mirror and bath with shower attachment over.

Outside - The gated secure entrance opens to the communal area of the Merchants Quay development with cycle racks provided alongside lift and stair access to the third floor. The apartment is complete with a secure allocated parking space located in the Barge Arm East development.

Location - With views towards the main basin, Merchants Quay constructed in 2011 is an open air development situated in the heart of the historic Gloucester Docks. Transformed in recent years to become a sought after residential area, the popular destination holds developments throughout the year to include the Food Festival, Tall Ships Festival and the Victorian Christmas Market. There are a number of amenities on offer within Gloucester Quays Shopping Centre and the Leisure Quarter including a state of the art 10 screen cinema and a number of restaurants and bars.

Material Information - Tenure: Leasehold with 185 years remaining on the lease. Managed by Ash & Co with an annual service charge of £2,166, split between building maintenance, management and insurance alongside the Docks Service Charge (DSC) to include the security, cctv, cleaning and maintenance for the private Docks estate, operated by GDECL. No ground rent is payable. *Information correct as of 17/5/24*

Local authority and rates: Gloucester City Council - Tax band B (£1,662.93 per annum).
Electricity supply: Mains
Heating: Gas central heating.
Water supply: Mains
Sewerage: Mains
Broadband speed: Basic 18 Mbps, Superfast 80 Mbps - Highest available download speed.
Mobile phone coverage: EE, Vodafone, Three, O2.
Agent Details
Naylor Powell
Unit C, The Barge Arm East, The Docks, Gloucester, GL1 2DQ
Show Contact Number
01452 398 010

Investment Analysis

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