Summary - CHAPEL APARTMENTS FLAT 5 BANK STREET COLEFORD GL16 8BA
1 bed 1 bath Flat
**Standout Features:**
- One-bedroom ground floor flat in a historic chapel conversion.
- Short walk to Coleford town center with convenient access to local amenities.
- Double glazing for improved energy efficiency.
- No onward chain, providing a hassle-free purchase.
- Great investment potential for landlords.
- Off-street communal parking with one reserved space.
- EPC Energy Rating E and Council Tax Band A.
**Concerns:**
- Leasehold with only 66 years remaining on the lease; potential mortgage challenges.
- High ground rent of £900 per year.
- Situated in an area with high crime rates.
This charming one-bedroom ground floor flat is a fantastic opportunity for first-time buyers or investors looking for rental potential. Nestled within a stunning chapel conversion dating back to 1843, the flat features a modern open-plan kitchen/lounge area, making it ideal for simple living. The bedroom is cozy with practical storage space, and the bathroom is equipped with essential fixtures for everyday convenience.
With no onward chain and located just a stone's throw from Coleford's amenities, this property ensures both comfort and accessibility. While the leasehold situation requires consideration, the flat’s unique character and location make it noteworthy. Given the potential for appreciation and the allure of historic architecture, this property is a must-see for those seeking charm in a vibrant community. Act fast—opportunities like this don’t stay on the market for long!
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