Guide price
£155,000
(£272/sq. ft)
2 bed flat for saleSevern Road, Lock Warehouse Severn Road GL1
2 beds
1 bath
1 reception
570 sq. ft
EPC Rating: C
About this property
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
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 .
EPC Rating: C
Hallway (2.96m x 1.06m)
Kitchen/Living Area (5.58m x 3.60m)
Bathroom (2.23m x 1.74m)
Bedroom One (3.38m x 3.29m)
Bedroom (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.
Parking - Off Street
Located in the the Castlemeads car park the property benefits from a secure parking space which is within a five minute walk from the property.
Mortgage calculator
£775 per month
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More information
Tenure
Leasehold (186 years)
Service charge
£3,117 per year
Council tax band
C
Ground rent
£378
Ground rent date of next review



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