1 Bed Flat For Sale London Road, Gloucester, GL1

£125,000- Flat

1 of 6
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 19th April 2024

Description

SPACIOUS first floor flat being sold with NO ONWARD CHAIN. The property is an ideal first time buy or investment purchase being situated in close proximity to the city centre, train station and hospital and is WELL PRESENTED throughout and has ALLOCATED PARKING and secure bike store.\r
\r
The communal entrance halls are spacious and well-presented and stairwells lead to the first floor where there are two other flats in addition to the one being sold. The living room is spacious and light with an open plan kitchen and there is a good size bedroom and bathroom. \r
\r
Outside there is an allocated parking space whilst additional visitor parking is available around the central courtyard with a small communal garden and lockable bike store.\r
\r
The flat is situated in a modern development at the top end of London Road in close proximity to the city centre, hospital and train station. A regular bus service runs directly past the front of the building and the M5 can be accessed at junction 11 which is approximately 2 miles distance.\r
\r
Lease Information\r
The current lease ran for a period of 125 years from 1st January 2003 and has 104 years remaining. The maintenance charge for 2024 is £1264.92 per year and the ground rent is £208 with the next ground rent review due in 2044.
Agent Details
R B Walters Estate Agents
Haven Cottage Stroud Road Brookthorpe Gloucester GL4 0UQ

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.

£130,000
Gloucester, GL1
9.7
£135,000
Gloucester, GL1
Flat
7.7
£160,000
Gloucester, GL1
Terraced
6.8
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