Summary - CHAPEL APARTMENTS FLAT 10 BANK STREET COLEFORD GL16 8BA
1 bed 1 bath Flat
Character one-bedroom flat with long lease and parking—ideal for investors seeking central Coleford..
- Chain free with an exceptionally long 991-year lease
- Grade II listed: restrictions and potential maintenance complications
- Allocated off-street residential parking space included
- Compact one-bedroom, approx 391 sq ft — small footprint
- Electric storage heaters; likely higher running costs
- Sandstone walls assumed uninsulated — retrofit insulation possible
- Double glazing installed before 2002, may need updating
- Local area records higher crime rates; check insurance costs
A compact one-bedroom apartment set within a converted Victorian chapel, offering character features and a central Coleford address. The property is chain free with an exceptionally long lease (991 years), making it straightforward for investors or a buyer seeking a low-complexity purchase.
The flat benefits from double-glazed windows, an allocated off-street parking space and a practical layout: entrance hall, generous lounge, kitchen, double bedroom and bathroom. High ceilings and arched windows retain period character that will appeal to tenants or buyers wanting a distinctive home.
Buyers should note the Grade II listed status—attractive architecturally but likely to restrict alterations and could complicate maintenance. Heating is by electric storage heaters and the building’s sandstone walls are assumed uninsulated, so running costs and possible retrofit works should be factored in. The area records higher crime levels, so prospective buyers should check local reports and insurance implications.
Overall this small 391 sq ft flat is positioned as a straightforward investment let or an entry purchase for someone who values proximity to shops, transport links and town-centre amenities. Confirm service charges, any management fees and leasehold costs before committing. A virtual tour is available for an initial inspection.
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