1 bed flat for sale

(45% Shared Ownership) Burrows Close, Gloucester GL2

A beautifully presented one-bedroom ground floor apartment offered for sale via Shared Ownership, located in the popular and convenient Hempsted area of Gloucester. This modern home is ideal for first-time buyers looking to get onto the property ladder with no onward chain, allowing for a smooth and speedy purchase.

The property features a bright and spacious open-plan kitchen/living area, perfect for contemporary living and entertaining. The kitchen is well-equipped with sleek white units, ample worktop space and integrated appliances. The living space comfortably accommodates a dining table and seating area, with large windows flooding the room with natural light.

The generous double bedroom offers plenty of space for a king-size bed and furniture, while the modern bathroom includes a bath with shower over, wash basin and WC. A practical hallway provides access to all rooms and useful storage.

Hempsted offers a great balance of community living with excellent access to local amenities, including the Quays, shops, schools, parks, and transport links into Gloucester city centre, as well as quick access to the A417 and M5 motorway network.

An excellent opportunity to purchase a modern, low-maintenance home in a sought-after location. Early viewing is highly recommended.

Agents Note.

Property Type: Apartment
Full selling price: £170,000.00
Pricing Options: Shared ownership
Tenure: Leasehold
The property is held on a shared ownership leasehold basis with a 45% share owned by
the client. The remaining equity is held by The Guinness Partnership Ltd. Granted lease
term 250 years from new. Lease end date 14/05/2271. Unexpired lease term at inspection
date 245 years, 2 months, 23 days excluding the end date.
Share price: £76,500
Monthly rent based on 45% share: £260.68
Yearly Ground Rent Cost: £0.00
Monthly Management Cost: £144.14
Council tax band: A
EPC rating: C73