Our Summary

For sale by online auction

July live online auction

Hollis Morgan – JULY LIVE ONLINE AUCTION – A Leasehold 1 BED FLAT ( 547 Sq Ft ) with PRIVATE GARDEN and ENTRANCE | REDUCED PRICE - was £170,000 For Sale By Live Online Auction - ADDRESS | Flat 1, 50 Grosvenor Street, Town Centre, Cheltenham GL52 2SG Lot Number TBC The Live Online Auction is on Wednesday 22nd July 2026 @ 12:00 Noon Registration Deadline is on Friday 17th July 2026 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer

Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” The Property - A Leasehold self contained 1 bedroom flat located on the lower ground floor of this imposing Grade II Listed Regency building

Tenure - Leasehold Council Tax - A EPC - D Management Fees - £1200 pa Ground Rent - £250 pa Lease length - Less than 80 years Remaining | Scope to Extend * The Opportunity - HOME | INVESTMENT The property is offered in good decorative order to suit both owner occupiers and investors

REDUCED PRICE FOR AUCTION The property was previously listed with respected local agents at £170,000 and now has a reduced guide price for sale by live online auction

Description

This is a Leasehold 1 bed flat located on the lower ground floor of a Grade II Listed Regency building in Cheltenham. The flat has a private entrance, 547 Sq Ft of accommodation, including an entrance hall, kitchen, bedroom, bathroom, and living room with doors onto a private courtyard garden. The flat is available with vacant possession and has a number of features, including a separate kitchen, and sizeable living room with access to the private garden.

The property is sold with approximately 80 years remaining on the lease, which may affect the buyer's ability to obtain a mortgage, but there is scope to extend the lease for a reported £10,000-£20,000. The property is located in a convenient town centre location with easy access to shops, cafes, restaurants, and transport links.