1 bed Apartment - Sold Subject to Contract
2 Commercial Road, Gloucester
£89,950

• No onward chain
• One double bedroom apartment
• In need of modernisation
• Generous open plan living accommodation
• Parking available on a first come first serve basis
• Convenient city centre location
• Potential rental income of £550 pcm
• EPC rating E53
• Gloucester City Council - Tax Band A (£1,298.95 per annum)

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 potential rental income of £550 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.

Entrance Hallway

Hallway providing access to the living area, bedroom and shower room.

Lounge/Kitchen

The open plan space provides a convenient space for a lounge and potentially a dining area if required. The kitchen area benefits from ample worktop and storage space with integrated electric hob and oven aswell as plumbing for an automatic washing machine.

Bedroom

Double bedroom with space for a built-in wardrobe and window overlooking the front aspect of the building.

Shower room

Shower room comprising of w.c, wash hand basin and walk-in shower cubicle.

Outside

Externally to the rear of the building the apartment benefits from a gated and secure parking area with parking offered on a first come first serve basis. Fob entry provides access to the area from the road.

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 & Tenure

Gloucester City Council - Tax Band A (£1,298.95 per annum).
Mains electric, water & drainage are connected to the property.
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 and building insurance £581 per annum.
*Information correct as of 19/12/22*