THE PROPERTY AND LOCATION
This modern one bedroom first floor apartment with parking is offered for sale with no onward chain.
It is situated in a cul-de-sac with nearby amenities such as shops, a public house and a gymnasium. The M5 (junction 10) is within reach and, a short drive away, is Cheltenham Town Centre (c. 2.5 miles) however there is also a regular bus service.
The property would make for a great first time purchase or as an investment. For prospective purchasers that are looking to 'Buy to Let', we feel the likely rental price is in the region of £800.00 pcm.
There is an open-plan living and kitchen space that measures 10'6 x 19' (max). This offers space for seating, cooking and dining. The kitchen area has an integrated oven, gas hob with cooker hood over and fridge/freezer, plus there is also space for a washing machine.
The bedroom measures 9'2 (max) x 7'9 (min) and benefits from fitted storage. There is a modern fitted en-suite which has a bath and over-head shower with glass screen. Outside there is an allocated parking space and a communal garden for residents.
LEASEHOLD INFORMATION
This property is 'leasehold' therefore you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. We recommend you consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase and to confirm the accuracy of these statements. The seller has informed us of the following information:
* Lease: 999 years from 01.01.2008
* Service Charge: Currently £1,475.99 per year
* Ground Rent: Currently £287.00 per year
AGENT's NOTE
As of April 2024, the government's flood map shows the property is in Flood Zone 1 and states: Locations in flood zone 1 have a low probability of flooding. This means in any year land has a less than 0.1% chance of flooding from rivers or the sea.
Stamp duty due
Based on a sale price of £125,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024. The rates will change again April 1st 2025.