1 bedroom flat for sale

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1 bedroom flat for sale

Gloucester Road, Cheltenham
£120,000

Our Summary

  • The interior is dated but clean and fully functional - a blank canvas ready to inspire
  • A fun project for anyone wishing to put their own mark on this delightful little home, and equally a great rental opportunity for investors, or those seeking a convenient, central lifestyle
  • Second-floor apartment with modernisation potential in a purpose-built block along Gloucester Road

Description

This second-floor apartment is nestled in a quiet location on Gloucester Road, just a short walk from Cheltenham's train station and town centre. The property offers a blank canvas for renovation, with a dated interior but clean and fully functional spaces, including an entrance hall, double bedroom, bathroom, and open-plan living area with kitchen and breakfast bar. With a total size of 398 square feet, it has been a successful buy-to-let investment for many years, generating an expected rental income of approximately £850 per month. The apartment benefits from resident permit parking, UPVC double glazing, and a 125-year lease, with a service charge and ground rent reviewed annually. With its prime location and affordable price, this property presents a wonderful opportunity to create a dream apartment.