Summary -
Flat 5, 46,Millstone Way,Gloucester,GL1 5QY
GL1 5QY
2 bed 2 bath Flat
Move-in ready home with parking and low ongoing costs.
Chain-free two-bedroom first-floor apartment
Bright, modern and move-in ready, this two-bedroom first-floor apartment is a straightforward entry onto the property ladder. Built in 2022 and freshly refurbished, it offers an open-plan living, dining and kitchen space, a master bedroom with en-suite, a second double bedroom and a family bathroom. High-spec finishes, gas central heating and an EPC B add to the practical appeal.
Practical benefits include an allocated off-street parking space, no ground rent payable and a long lease of around 123 years remaining. The development still benefits from the NHBC warranty (approximately eight years remaining) and annual running costs are predictable with a service charge of about £1,320.
This compact apartment (approx 56 sqm / 603 sqft) will suit first-time buyers wanting a low-maintenance home or investors seeking a let-ready property. Estimated rental income has been indicated at around £12,000 per year (£1,000 pcm). Local amenities, good broadband and easy transport links give it everyday convenience.
Buyers should note this is a leasehold flat with an annual service charge and standard communal management. The property is on a small new-build estate where local crime and deprivation indices are average, so viewings should consider the surrounding neighbourhood as well as the home itself.
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