Summary - 17 FLAT G AMBROSE STREET CHELTENHAM GL50 3LG
1 bed 1 bath Apartment
Ready-to-move-in top-floor one-bed in Cheltenham’s historic centre with rental potential.
- Top-floor one-bedroom apartment, 582 sq ft
- Open-plan kitchen/living area with modern fittings
- Generous double bedroom plus study/dressing room
- 99 years remaining on lease (long lease)
- Service charge £1,800pa; ground rent £150pa
- Permit off-street parking; excellent mobile signal
- Estimated rental income ~£900pcm (investment potential)
- Local area records very high crime; take security precautions
Set on the top floor of a Georgian-style block in Cheltenham town centre, this one-bedroom apartment offers 582 sq ft of low-maintenance, city-centre living. A bright open-plan kitchen/living area and a generous double bedroom make the layout easy to live in, while Velux double glazing and gas central heating keep running costs reasonable. The long 99-year lease and clear running costs make it straightforward for first-time buyers budgeting for a purchase.
The location is the property's strongest asset: a short walk to the High Street, Brewery Quarter, Pittville Park and the train station. Excellent local amenities and good mobile signal suit commuters and social city-lifers, and the property estimates a rental income of around £900pcm, which may appeal to buyers seeking future lettings or part-time letting income. Off-street permit parking adds convenience in a central setting.
Buyers should factor in the material running costs and local context. Annual service charge is £1,800 and ground rent £150. The area records very high crime levels, so buyers should consider personal security measures and insurance costs. Broadband speeds are average in the block, and the apartment is compact — suitable for singles, couples, or those seeking a lock-up-and-leave home rather than a growing family.
Overall, this is a well-presented, ready-to-move-in top-floor flat with clear rental potential and straightforward ownership terms. It suits first-time purchasers wanting a central, low-maintenance base or investors looking for a city-centre let, provided they accept the higher local crime statistics and the building’s service charge.
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