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Pillowell Drive, GRH (Gloucestershire... 2 bed flat for sale
Pillowell Drive, Grh (Gloucestershire Royal Hospital), Gloucester GL1
£125,000
Pillowell Drive, Grh (Gloucestershire Royal Hospital), Gloucester GL1
£125,000
Our Summary
- A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder
- Brilliant Investment Opportunity
Description
This two-bedroom apartment in Pillowell Drive, Gloucester, is a perfect investment opportunity or a great option for first-time buyers. Located on the top floor with lift access, it offers a quiet retreat away from the hustle and bustle, yet is just a short walk from Gloucester Royal Hospital, Gloucester Quays, and City Centre, as well as easy access to railway lines and bus routes. The apartment features an open-plan kitchen and living space, two bedrooms, and a family bathroom, and comes with an allocated parking space. With a floor area of 59sqm, it has the potential to generate a maximum rental income of £12,000 per annum, and is currently tenanted at £10,800 per annum. The property is leasehold with 977 years remaining on the lease, and has a service charge of circa £2200 per annum and ground rent of circa £200 per annum.