This property has been taken off the market.

2 Bed Apartment House For Sale Park Road, Gloucester, GL1

£155,000- Apartment

1 of 10
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 18th April 2024

Description

Located directly between the Gloucester Quays vibrant nightlife and the historic City Centre this apartment is an ideal location for both young professionals, first time buyers and those seeking a secure investment with a potential rental income of £825 pcm. Offering generous living accommodation and modern fitted appliances, viewing is highly advised to see what this two double bedroom apartment has to offer.

Entrance Hallway - Entering into the well presented and generous communal entrance which is accessed via a secure entrance and intercom system. Entrance hall providing access to the kitchen/living room, both bedrooms and bathroom.

Kitchen/Living Area - large open plan kitchen and living area providing convenient space for home office or dining area. The kitchen itself benefits from integrated appliances to include fridge, freezer, hob and oven alongside plumbing for an automatic washing machine. Large windows continue throughout the apartment allowing an abundance of natural light into the apartment.

Bedroom One - Double bedroom with velux window overlooking the front aspect of the building providing access to the en-suite.

En-Suite - En-suite shower room benefitting from a w.c, wash hand basin and walk-in shower cubicle.

Bedroom Two - Double bedroom with velux window overlooking the front aspect of the building.

Bathroom - Modern fitted bathroom, offering bath with shower over, wash hand basin and w.c.

Outside - Secured by gated access, the apartment benefits from an allocated parking space to the rear of the building.

Location - Situated in the heart of the historical Gloucester City centre, within a short walking distance to the popular Gloucester Quays development, Fitzalan House provides 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 - Gloucester City Council - Tax Band A (£1,361.56 per annum).
Mains water, drainage and electric.
Leasehold - Managed by Peak Limited with a lease length of 123 years from 2018, Service charge of approximately £1635.40 alongside a ground rent of approximately £250 per annum .
**Information correct as of 20/01/2023

Agents Notes - **Please note the photos were taken prior to the current tenant moving in to the property**
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 2 bedroom property. See more properties like this.

£130,000
Gloucester, GL1
9.7
£120,000
Gloucester, GL1
Flat
9
£123,500
Gloucester, GL1
Apartment
8.4
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