Modern long-lease flat with strong rental potential near local amenities.
2 double bedrooms with en-suite bathroom
Approx 704 sq ft — practical layout for tenants or sharers
Very long lease (circa 978 years) — strong title security
Service charge ~£1,380 per year; ground rent £150 per year
Electric room heaters — higher running costs vs gas central heating
Public notice in place; offer received — proceed promptly
Good broadband and mobile signal; useful for remote workers
Local crime level reported as high — consider security and vetting
Spacious two-bedroom flat in Quedgeley offering steady rental appeal and long-term security for buy-to-let investors. The modern brick development and double-glazed windows (post-2002) minimise immediate capital expenditure, while two bathrooms — including an en-suite — increase tenant desirability.
Practical running costs are straightforward: council tax is noted as cheap and broadband/mobile connectivity are strong, supporting remote working tenants. The flat’s 704 sq ft layout and open-plan living/kitchen create flexible tenancy options for couples or sharers. The long lease (around 978 years) removes typical lease-related resale obstacles.
Be candid about ongoing costs and local factors. The flat uses electric room heaters rather than a communal gas system, which can raise energy bills and affect tenant utility expectations. There is a service charge (around £1,380 pa) and a modest ground rent (£150 pa) to factor into yield calculations. Local crime levels are reported as high; this may influence rental demand or require targeted tenant vetting and security measures.
This sale is subject to a public notice (an offer has been received), so interested buyers should act promptly. Overall, the property suits investors seeking a low-maintenance, long-lease asset in a well-connected suburb, provided they account for energy costs, service charges and local area considerations.