1 bed flat for sale

Southgate Street, Gloucester GL1

Offered to the market with no onward chain, this one-bedroom 2nd floor apartment presents an excellent investment opportunity, ideally suited to cash buyers only due to the remaining lease term of approximately 61 years.

You enter the property into an entrance hall that leads to all rooms, including a modern bathroom, a well proportioned kitchen, a bedroom, and a living room. Heating is provided via electric heaters, ensuring low maintenance living. Externally, residents benefit from communal parking on a first come, first served basis.

Superbly positioned adjacent to the highly sought after Gloucester Quays, the apartment sits within easy reach of designer outlets, restaurants, cinema, and scenic waterfront walks, making it a particularly appealing choice for investors seeking strong rental potential in a thriving location.

A fantastic opportunity not to be missed.

Ground Rent £50 per year. Service Charge £1,785 Per Year.

'This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.'