Central Gloucester flat with parking and rental income potential.
- Top-floor two-bedroom apartment with ensuite to master
- Sold with tenant in situ; no onward chain
- Allocated off-street parking and communal gardens
- 101-year lease; ground rent £125 pa
- Service charge approx £1,250 pa
- Electric room heaters; EPC rating D
- Located on main bus route; short walk to city centre
- Area records very high crime and high deprivation
A top-floor, two-bedroom leasehold apartment on London Road, sold with a tenant in situ — ideal for buy-to-let investors seeking immediate income and a central Gloucester location. The flat includes an ensuite to the master, separate kitchen, living room, allocated parking and access to communal gardens, all within a modern brick-built development completed around 1996–2002.
Practical running costs are clear: a 101-year lease, modest ground rent of £125 per year and an average service charge of £1,250 per year. Heating is by electric room heaters and the property has double glazing; the EPC is D. The apartment benefits from excellent mobile signal, fast broadband and a regular Gloucester–Cheltenham bus service, plus easy walking access to the city centre.
Buyers should note material considerations: the property is sold with a sitting tenant (no onward chain) so vacant possession is not immediate, and the area records very high crime and very high deprivation indices which may affect some occupiers and resale appeal. The communal setting and service charge mean some external maintenance is shared, and the flat’s electric heating may be less efficient than gas alternatives.
Overall this is a straightforward, average-sized two-bedroom apartment offering rental-ready accommodation in a well-maintained modern block. It suits investors seeking central location and parking, or purchasers prepared to accept a tenancy and the local area profile.
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