Large one-bedroom with high ceilings and great transport links for buyers or landlords.
- Large one-bedroom apartment with high ceilings and sash windows
- Open-plan kitchen-lounge; scope to modernise and add value
- Leasehold: 131 years remaining, ground rent £150 annually
- Service charge approximately £1,234 per year
- Heating via electric room heaters; likely higher running costs
- Original sandstone walls; assumed no insulation, may need works
- City-centre location with excellent transport links
- Area: very deprived and very high crime — consider lettability risks
This generously sized one-bedroom apartment sits within a converted Georgian townhouse in the heart of Gloucester, a short walk from bus and train links. High ceilings and tall sash windows give a strong sense of space; the principal living area is an open-plan kitchen-lounge with room for dining and entertaining.
The property is leasehold with 131 years remaining, an average service charge of £1,234 and a small ground rent of £150 per year. Heating is by electric room heaters and the building’s original sandstone walls are likely uninsulated; the flat is best suited to buyers aware of potential running costs.
Located in a busy city-centre neighbourhood with wide amenity choice and excellent mobile signal, this apartment is well placed for commuting or letting. The area has high crime statistics and very high deprivation, which will interest buy-to-let investors to consider yield against management risk.
Overall this is a roomy, characterful one-bedroom offering clear potential for a first-time buyer or investor prepared to update the kitchen-living area and manage the property’s running costs and local area challenges.
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