2 bed flat for sale

Hucclecote Road, Gloucester, Gloucestershire GL3

***Investment Opportunity, offering +7% / 8% Rental Yield***

We have on offer a spacious 2-Bedroom Top-Floor Flat available in Cedars Court, with Off Road Parking, Garage, and Communal Gardens. Conveniently situated in a popular residential location on the Hucclecote Road, Gloucester. Close to all local amenities, the City Centre, and mainline commuter links, to include the M5 motorway and A46 Shurdington Road.

The property comprises in detail of: Entrance hallway, spacious lounge reception, 2 good-sized double bedrooms, one with built-in wardrobes, fitted kitchen, and shower room. Further benefits include electric heating, double glazing, off road parking, communal gardens, and garage.

The property comes with the added benefit of longstanding tenants in situ who have no intention of leaving, and the garage is currently not included in the current tenancy agreement, offering additional rental income potential.

Based on the current rent paid, and guide price, the property returns a +7% rental yield, not including the garage, or +8% rental yield including the garage., not including other charges.

Mains Supply: Electric and Water
Council Tax Band: A
Remaining Lease Length: 940 Years
Service Charge per annum: £1800.00
Ground Rent per annum: £1.00

Reception Room (4.77m x 3.16m)

A spacious reception lounge offering a light, airy, comfortable space to relax.

Bedroom One (3.75m x 3.15m)

A good sized double bedroom with built-in wardrobes, offering a relaxing space to rest.

Second Two (3.92m x 3.15m)

A good sized double bedroom, offering a relaxing space to rest.

Kitchen (3.12m x 1.96m)

Fitted galley-style kitchen, offering a practical space, and upvc window.

Shower Room (2.2m x 1.73m)

Offering white ceramic sink and toilet, and corner shower.