1 Bed Apartment House For Sale Horton Road, Gloucester, GL1

£135,000- Apartment

1 of 5
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Last Updated: 4th May 2024

Description

Situated within close proximity of Gloucester Royal Hospital and Gloucester City Centre this spacious one double bedroom apartment has much to offer. Benefitting from generous open plan living accommodation and an allocated parking space, this apartment has much to offer both residential buyers and investors alike with a current rental income of £675 pcm.

Entrance Hallway - Hallway benefits from access to a built-in storage cupboard and airing cupboard. Access is also provided to the living area, bedroom and bathroom.

Living Room / Kitchen - The open plan space provides convenient space for a living area and dining area if required. The kitchen area provides ample worktop and storage space alongside integrated gas hob and electric oven. Plumbing for an automatic washing machine is also provided. Two windows overlook the front aspect of the property.

Bedroom - Double bedroom with window overlooking the rear aspect.

Bathroom - White suite bathroom comprising of w.c, wash hand basin, bath with shower attachment over and window with frosted glass overlooking the rear aspect.

Outside - Stair and lift facilities provide access to the apartment itself located on the first floor. Externally the property benefits from an allocated parking space within close proximity to the building.

Location - Within the heart of the historic City of Gloucester, close to the Royal Hospital, Regent House is ideally located for easy access to the city alongside those looking commute through bus routes and the train station, housing a direct line to London Paddington. With a range of local amenities along London Road to include a general store, pub, surgeries and hairdressers whilst additional superstores can be located throughout the city alongside both primary and secondary schooling.

Material Information - Tenure: Leasehold property with 978 years remaining on the lease. Ground rent of £150 per annum is payable to Cambray Property Management whilst a service charge of £856.32 per annum is also payable to Cambray Property Management. All charges are reviewed every annually. (Information correct as of 03/05/24).

Local authority and rates: Gloucester City Council - Tax Band A (£1,425.38 per annum).
Electricity supply: Mains
Gas supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Electric
Broadband speed: Basic 11 Mbps, Superfast 36 Mbps - Highest available download speed.
Mobile phone coverage: EE, Vodafone, Three, O2.

Agents Note - Please note the marketing photos were taken prior to the current tenants occupying the apartment.
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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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.
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