Rotunda Buildings
Montpellier Exchange
Cheltenham
GL50 1SJ
Gloucester Road, Cheltenham
Offers Over £129,950
1 Bedroom Flat
- ~8% yield
- Second-floor apartment 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.
- Has recently undergone some refurbishment works.
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
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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