Pillowell Drive, GRH (Gloucestershire... 2 bed flat for sale

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Pillowell Drive, GRH (Gloucestershire... 2 bed flat for sale

Pillowell Drive, GRH (Gloucestershire Royal Hospital), Gloucester, GL1
£100,000

Our Summary

  • * For sale by online auction * Pre-Auction offers considered *
  • A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder
  • - Auction Pack Available On Request
  • - Auction Date – Wednesday 23rd April 2025
  • This property is for sale via Online Auction
  • This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
  • The auction will run for 3 hours on a set date and time chosen by the vendor of the property
  • The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
  • Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
  • The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
  • Properties may be sold prior to public auction if an offer is accepted by the vendors
  • *Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
  • *Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
  • Brilliant Investment Opportunity
  • For Sale by Online Auction
  • Pre-Auction Offers Considered

Description

This two-bedroom apartment is a great investment opportunity or a perfect first-time buyer's home. Located in a quiet top-floor location with lift access, it's just a short walk from Gloucester Royal Hospital, Gloucester Quays, and City Centre, with easy access to railway lines and bus routes. The apartment features an open-plan kitchen and living space, two bedrooms, and a family bathroom with a shower over the bath. It also comes with an allocated parking space. The property is close to local amenities and has good transport links, making it an ideal location for commuters. The current rental price is £10,800 per annum, and the maximum rental achievable is £11,400 per annum. The property is being sold via online auction, and the winning bidder will be required to pay a 10% deposit and a non-refundable reservation fee of 3.6% inclusive of VAT.
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