Severn Road, Lock Warehouse Severn Road, GL1
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Property Features
- The Leaseholders Are Buying The Freehold (See Vendors Note)
- No Onward Chain
- Two Double Bedrooms
- Potential Rental Income £1050 Pcm
- Off Road Parking
- Open Plan Kitchen/Living Area
- Some Integrated Kitchen Appliances
- Ideal First Buy
- Gloucester Historic Docks & Quays
- Energy Rating C77
Property Summary
Two Double Bedroom Apartment With Lift Access Located Within The Historic Gloucester Docks Advertised With No Onward Chain.
The accommodation comprises of; Entrance hall, bathroom, two double bedrooms & open plan kitchen/living area.
Further benefits include; some integrated kitchen appliances & off road parking!
Property for sale through Michael Tuck Estate Agents. Approximate potential rental value of £1050pcm , please contact Michael Tuck Lettings in Gloucester for more details.
Call us today to arrange your viewing on 01452 543200.
Full Details
Hallway 9' 9" x 3' 6" (2.96m x 1.06m)
Kitchen/Living Area 18' 4" x 11' 10" (5.58m x 3.60m)
Bathroom 7' 4" x 5' 9" (2.23m x 1.74m)
Bedroom One 11' 1" x 10' 10" (3.38m x 3.29m)
Bedroom 11' 3" x 8' 3" (3.42m x 2.51m)
Note From Vendor
The current Ground Rent is £378.06 with service charge for the year ending December 2025 being £3,117 to include the car park. However the leaseholders are collectively purchasing the freehold at which time new leases will be granted at zero ground rent. In addition the management of the block will be brought in house and new budgets prepared which we expect to be substantially lower than the current charges.
The purchaser will benefit from the new lease and in house management and will not be expected to contribute to the cost of the freehold purchase. -
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