Summary - 16 BOUGHTON WAY, GLOUCESTER GL4 4PG
1 bed 1 bath Apartment
Cash-ready buyers or investors ideal for quick auction completion.
- Chain free first-floor one-bedroom apartment (approx 440 sq ft)
- Sold via Modern Method of Auction — quick 56-day completion
- Lease approx 80 years remaining — lenders may refuse mortgages
- Reservation fee 4.5% (min £6,600) plus £349 Buyer Pack
- Service charge ~£1,200 pa and ground rent £250 pa
- Electric room heaters; no gas central heating
- Off-street resident parking; double glazed windows
- Slow local broadband; area classified as deprived
A compact first-floor one-bedroom apartment offered chain free and sold via the Modern Method of Auction, suited to cash buyers or investors able to complete quickly. The open-plan lounge/kitchen is bright with recent flooring and newly fitted electric heaters, while double glazing keeps the apartment reasonably insulated. At about 440 sq ft the layout is efficient for single occupation or as a rental unit, and off-street resident parking adds practical appeal.
Important transactional and title details affect suitability: the lease has around 80 years remaining, which may cause mortgage lenders to refuse lending. The sale carries auction costs — a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus a Buyer Information Pack fee (£349) — and recommended optional services with fees up to £450. Annual running charges include a service charge of about £1,200 and ground rent of £250.
Practical considerations: heating is by electric room heaters (no central gas) and broadband speeds in the area are reported slow, which could matter for home working or high-bandwidth tenants. The wider area is classified as deprived with a higher proportion of private renting new arrivals; local amenities and several good primary schools are nearby, and public transport links are accessible.
This property presents clear rental or short-term ownership potential for buyers who can proceed at auction and accept the lease length and extra purchase costs. It is best suited to those buying with cash or specialist finance, or investors prepared to manage the lease and service charge obligations.
2 bedroom flat for sale in Park Road, Gloucester, Gloucestershire, GL1 — £145,000 • 2 bed • 2 bath • 717 ft²
1 bedroom flat for sale in Hamer Street, Gloucester, GL1 — £105,000 • 1 bed • 1 bath • 356 ft²
2 bedroom apartment for sale in Penhill Road, Matson, Gloucester, GL4 — £96,000 • 2 bed • 1 bath • 666 ft²
1 bedroom flat for sale in Trier Way, Gloucester, Gloucestershire, GL1 — £65,000 • 1 bed • 1 bath • 373 ft²
1 bedroom apartment for sale in St. Peters Close, Cheltenham, Gloucestershire, GL51 — £100,000 • 1 bed • 1 bath • 454 ft²
1 bedroom maisonette for sale in Maple Close, Hardwicke, Gloucester, Gloucestershire, GL2 — £85,000 • 1 bed • 1 bath • 419 ft²
