Chain-free, tenanted two-bed flat near hospital and station — ready for investment.
Two double bedrooms; master with en-suite
A ground-floor, two-double-bedroom leasehold flat in a convenient Gloucester city location, a short walk from the hospital, train station and centre. The master bedroom has an en-suite, and the living room opens via French doors onto a small outside space. The building was constructed in the early 2000s and benefits from double glazing.
Currently tenanted and offered chain-free, the property is being marketed with sitting tenants who have paid £825 pcm since 2022 and would ideally like to remain. With 102 years remaining on the lease and straightforward electric storage heating, this unit suits a buy-to-let investor seeking immediate rental income and low initial management complexity.
Notable costs and constraints are clear: the flat is leasehold with an average service charge of £2,412 per year and ground rent of £193. Heating is by electric storage heaters and broadband speeds in the area are reported as slow. Crime levels are described as very high locally, which may affect tenant demand and insurance costs.
Overall this is a practical, modern apartment in a high-demand city location that offers immediate rental return and relatively low maintenance. Prospective buyers should budget for ongoing service charges, consider the implications of electric heating and slower broadband, and factor local crime levels into their investment appraisal.
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