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£68,500

1 bed flat for sale
Park Place, Cheltenham GL50

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Retirement
Leasehold
Reduced on 04/12/2025

About this property

    Beautifully Refurbished Retirement Apartment – Raised Ground Floor

    Located in a sought-after Leckhampton setting, close to The Suffolks, Montpellier, and Bath Road shops, this stylishly updated retirement apartment (for those aged 60 and over) offers comfort and convenience in equal measure. Recently renovated throughout, it features fresh décor, new carpets, a contemporary kitchen, and a modern bathroom suite with a spacious walk-in shower. Enjoy tranquil views of the communal gardens from both the living room and bedroom. Early viewing is strongly recommended.

    There is a Development Manager and a 24 hour emergency Appello call system. Also with communal lounge, a communal laundry facility, sun lounge, and a guest suite that can be booked via the Development Manager. Also with Residents' car park to the front.

    We are verbally informed of the following:-

    Leasehold - 99 years from 1986 - 61 years remaining
    Ground Rent £96 per annum
    Maintenance Charge £3,750

    The current lease, we are told, allows for resident's over the age of 60 to reside as long as they are full time retired. Whilst this lease doesn't stipulate that the flat can be let out, we understand from our research the Freeholders have no issue with the properties being let.

    Please get legal advice for clarification

    All information subject to legal confirmation

    Important Notice: SureLet Cheltenham Ltd have not tested any apparatus/installations/ services and cannot vouch for their condition. We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

    Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

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    Monthly repayment

    £342 per month

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    More information

    • Tenure

      Leasehold (58 years)

    • Service charge

      £3,750 per year

    • Council tax band

      A

    • Ground rent

      £96

    • Ground rent date of next review

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