1 bedroom flat for sale

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1 bedroom flat for sale

Southgate Street, Gloucester, GL1 2EZ
£50,000

Our Summary

  • Offered to the market with no onward chain, this one-bedroom 2nd floor apartment presents an excellent investment opportunity, ideally suited to CASH BUYERS ONLY due to the remaining lease term of approximately 61 years
  • 'This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
  • Sold Via Modern Method Of Auction

Description

This one-bedroom, second-floor apartment is being offered for sale with no onward chain and is ideal for cash buyers only due to the remaining lease term of approximately 61 years. The property features a modern bathroom, well-proportioned kitchen, bedroom, and living room, with electric heaters providing low-maintenance living. Located adjacent to the popular Gloucester Quays, the apartment offers easy access to designer outlets, restaurants, cinema, and scenic waterfront walks, making it a great investment opportunity with strong rental potential. The property comes with a ground rent of £50 per year and a service charge of £1,785 per year, and is being sold through the Modern Method of Auction, with a reservation period of 56 days.