Sold subject to contract
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£110,000

1 bed flat for sale

Columbia Close, Gloucester, Gloucestershire GL1

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Key information

  • Tenure

    Leasehold (83 years)

  • Service charge

    £801 per year

  • Council tax band

    A

  • Ground rent

    £10

  • Ground rent date of next review

The Property Centre

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About this property

  • Apartment

  • 1 bedroom

  • Leasehold

  • Central location

  • Permit parking

This spacious one bedroom apartment on the second floor of Columbia Close enjoys a quiet yet central location and offers easy access to the City Centre and hospital.

Accommodation briefly comprises: Living room, large kitchen with space for a breakfast table, double bedroom and bathroom.

The property further benefits from a large ground floor storage cupboard and plentiful permit parking nearby. With low service charges this would make an ideal investment with an approximate rental yield of £750 pcm.

The new owner would have the right to extend the lease on the property under the Leasehold Reform, Housing and Urban Development Act 1993, provided they meet the eligibility criteria. The lease will be extended by 90 years at an approximate cost of £4000.

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