This property has been taken off the market.

1 Bed Flat For Sale Friars Orchard, Gloucester, GL1

£137,000- Flat

1 of 7
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 4th April 2024

Description

Offered to the market with no onward chain, located within the popular development of Friars Orchard in the heart of Gloucester City Centre is this beautifully presented one double bedroom apartment. Benefitting from open plan living accommodation with a balcony from the lounge. This apartment has much to offer both residential buyers and investors alike with a potential rental income of £725 per calendar month.

Entrance Hallway - Spacious entrance hall, with secure intercom system, provides access to a storage cupboard with plumbing for a washing machine as well as the providing access to the bedroom, bathroom and living area.

Kitchen/Lounge - Generous in size, the open plan space allows for lounge area and possible dining area if required. French doors to the rear of the room open up to a convenient sized balcony. The kitchen area itself benefits from ample worktop and storage space along with Electric hob, oven and space for a freestanding fridge/freezer.

Bedroom - Spacious double bedroom with window and views.

Bathroom - Modern fitted bathroom comprising of w.c, wash hand basin, and bath with shower attachment.

Location - Situated in the heart of the historical Gloucester City centre, within a short walk distance to the popular Gloucester Quays development, this apartment provide ideal access to an array of shops, bars, and restaurants alongside various other amenities. Within a short distance of the bus and train station offering a direct line to London Paddington this location is ideal for both professionals, first time buyer and investors alike.

Local Authority, Services & Tenure - Tenure: Leasehold
Local Authority and Rates: Gloucester City Council
Electricity supply: Mains.
Water supply: Mains.
Sewerage: Mains.
Heating: Electric
Broadband speed: Standard 16Mbps, Superfast 80 Mbps, Ultrafast 1000 Mbps
Mobile phone coverage: Virgin Media, Openreach
Leasehold with 241 years remaining. Charges are as follows and all charges are payable to the management company First Port;
• Annual ground rent of £72.00
• Service charge of £827.82 per annum
*Information correct as of 04/04/2024*
Agent Details
Naylor Powell
Unit C, The Barge Arm East, The Docks, Gloucester, GL1 2DQ
Show Contact Number
01452 398 010

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£120,000
Gloucester, GL1
Flat
9
£123,500
Gloucester, GL1
Apartment
8.4
£130,000
Gloucester, GL1
Apartment
8
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested