1 bed Apartment - For Sale
2 Commercial Road, Gloucester
£105,000

• No onward chain
• One double bedroom apartment
• Generous open plan living accommodation
• Parking available on a first come first serve basis
• Convenient city centre location
• Current tenant in situ paying £525 pcm
• EPC rating E53

Situated between the heart of the historic Gloucester City Centre and the ever popular Gloucester Docks, the development of the Black Swan is ideally located for both First Time Buyers and Buy to Let Investors with a tenant currently in situ paying £525 pcm. Previously a hotel, the residential Grade II listed development offers secure intercom access, lift access to the second floor apartment with views towards the city where this one bedroom apartment is located and offered to the market with no onward chain.

Accommodation

Character features frame the buildings external appearance, with secure intercom and code entry system grant access leading through to the communal area with lift and stairs leading to the second floor.
Offering open plan living and kitchen area with plumbing for an automatic washing machine and integrated low level oven and four ring electric hob. Double bedroom offers views towards the city whilst the property is completed with shower room with enclosed shower cubicle, wash hand basin and low level w.c.
A stones throw from both the historic city centre and the new regenerated Gloucester Docks development, the property would be an ideal purchase for both first time buyers and investors alike, having a potential rental income of £XXX pcm.

Location

Situated on the outskirts and to the north of the regenerated Gloucester Docks and Gloucester Quays designer outlet centre, offering an outstanding mix of high street and designer labels, with an array of eateries and waterfront bars. Moving into the City, you will find Gloucester Cathedral alongside a number of independent shops and boutiques, tourist attractions and further eateries and bars. Newly refurbished the Gloucester bus station provides regular services to all surrounding suburbs in additional to the train station offering a direct line to London Paddington.

Local Authority & Services

Gloucester City Council - Tax Band A.
Mains electric, water & drainage are connected to the property.

Tenure

The property is leasehold and has a length of 150 years from April 2007, managed by CMG Leasehold Management LTD.
Ground rent is at a cost of £150 per annum, service charge at a cost of approximately £1,280 per annum.
*Information correct as of 7/4/22*