2 Bed Flat For Sale

*Investor Club Only* Potential Rental Yield of 6.7%*

CGT sales are delighted to welcome to the market this lovey apartment located within the popular area of Gloucester Docks.

The apartments have an abundance of character and feature original iron columns, massive oak beams, and exposed brick work.

There is a lift, secure bike store with a locker allocated to each apartment. A bin store and allocated parking at Castle Meads car park a short walkaway. The location of the property allows easy access to the M5 and Cheltenham. There is further parking along Severn Road, pay and display or for those whom purchased a residence permit.

Gloucester Dock offers a rage of amenities including bars restaurants and coffee shops.

Accommodation offers entrance hallway, open plan lounge/dining/kitchen, two double bedrooms and a modern fitted bathroom..

Viewings are highly recommended to appreciate this fantastic apartment.

Please note that the property is currently tenanted in a fixed term.

Lease Information

199 years as of 2012

01/01/21 - 30/06/21 Half Yearly Ground Rent £158.92

01/01/21 - 31/12/21 Annual Service Charge - £1,535.52

01/01/21 - 31/12/21 Annual Car Park Service Charge £715.77

Total

£2,410.21

(figures based on information provided by the vendor)

Property ownership information

Tenure: Leasehold

Council tax band: C

Annual ground rent: £317.84

Ground rent review period: Every 1 year

Annual service charge: £1,535.52

Service charge review period: Every 1 year

Lease end date: 01/01/2211

*This property is being offered for sale through CGT's Investor Club Service, and is available for buy to let investors only. A successful purchaser will be required to pay a fee of 2% of the purchase price + VAT upon acceptance of the offer which is non-refundable and is not off-set from the purchase price*