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2 bed flat for sale

£250,000 Offers over

Montpellier Terrace, Cheltenham GL50

2 bed flat for sale 2 2 1
Interested in this property? Call +44 1242 393617 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Undercroft Parking
  • Two Bedrooms
  • Two Bathrooms
  • Courtyard Garden
  • Premium Montpellier Position
  • Modern Development
  • No Onward Chain
  • Good Decorative Order
  • Communal Gardens
  • Town Centre Location

Property description

This ground floor apartment is situated in the heart of Montpellier, within easy walking distance to the vast array of bars, shops and eateries on Cheltenham Promenade.

The apartment enjoys some great benefits that you would seldom find in a property in such a sort after location, these include a private courtyard terrace leading from the lounge area, there are further communal gardens enjoyed by other residents in the development to. There is then an under cover allocated parking space a few steps from the apartment.

Once inside, the apartment boasts a open plan accommodation with a spacious kitchen/lounge/diner which is the main room of the property, a light and airy room with dual aspect. There are then two bedrooms, master boats ensuite and fitted wardrobes. In addition, there is a further shower room and useful storage cupboard.

Given that there are two bedrooms and two shower rooms, this apartment would work well for professional sharers and therefore would make a great buy to let, particularly in such a sought after location.

Agents Note

Tenure - Share of Freehold

Management Charges - £110 pcm Service Charge

No ground rent payable

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for GL50

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £529,969 £345 3.9 £735,674
Semi-detached £393,291 £316 3.4 £500,331
Terraced £429,130 £315 3.0 £455,913
Flats £280,335 £342 1.8 £288,063

Current asking prices in GL50

Average: £488,698
Avg. current asking prices in GL50
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £232,488
(4)
£357,447
(40)
£473,844
(26)
£770,588
(17)
£1,515,556
(9)
Flats £190,623
(48)
£306,118
(70)
£624,389
(18)
- -
All £193,843
(52)
£324,784
(110)
£535,431
(44)
£770,588
(17)
£1,515,556
(9)

Current asking rents in GL50

Average: £1,349 pcm
Avg. current asking prices in GL50
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £659 pcm
(3)
£1,522 pcm
(7)
- £1,950 pcm
(1)
£1,903 pcm
(4)
Flats £850 pcm
(10)
£1,404 pcm
(16)
£2,121 pcm
(2)
- -
All £806 pcm
(13)
£1,440 pcm
(23)
£2,121 pcm
(2)
£1,950 pcm
(1)
£1,904 pcm
(4)

Fun facts for GL50

Highest value in GL50
Highest value streets Zed-Index
Billings Way £972,307
The Park £916,162
Eldorado Crescent £900,072
Lansdown Parade £889,473
Rowena Cade Avenue £884,069
Highest turnover in GL50
Highest turnover streets Turnover
Tudor Lodge Drive 60.0%
Edward Wilson Villas 53.3%
Suffolk Place 46.2%
Victoria Retreat 42.9%
Wellesley Road 40.0%
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For more information about this property, please contact
de Mel Property, GL51 on +44 1242 393617 * (local rate)

Monthly running costs Beta

£1,043 Monthly total

Mortgage

Purchase price
Deposit (10%) 25,000
Repayment term 25
Interest rate 2.0
Your payment £953 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £3/mo (£39/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £38 Estimated energy cost £58/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7500 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £16 Sewerage £13 Estimated water cost £29 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact de Mel Property about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by de Mel Property, and do not constitute property particulars. Please contact de Mel Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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