Summary - Flat 16 Mercian Court, 46, Park Place GL50 2RA
1 bed 1 bath Apartment
Compact, sociable living with communal facilities near Cheltenham amenities.
Chain free one-bedroom retirement apartment
A compact one-bedroom apartment in a handsome period development, offered chain free and designed for over-60s living. The building provides communal facilities — lounge, sunroom, laundry and residents' parking — creating an easy, sociable environment close to Cheltenham town centre and local transport.
The apartment is small (approximately 344 sq ft) with a traditional layout, a fitted bedroom wardrobe and a practical bathroom. Heating is by electric storage heaters and the building’s solid brick construction likely has limited wall insulation, so expect higher running costs than modern builds and potential improvement work if you prefer upgraded thermal performance.
Important practical points: the lease has about 62 years remaining and some mortgage lenders may refuse lending on such a short lease. Ground rent is modest (£96) and council tax is very low, but buyers should check mortgageability and the cost of any lease extension before committing.
This property suits a downsizer or retiree seeking low-hassle communal living, social facilities and easy access to Cheltenham’s shops, festivals and transport links. It also offers potential for modest refurbishment to improve comfort and value, subject to lease considerations.
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