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2 bed flat for sale

£179,950

Severn Road, The Docks, Gloucester GL1

2 bed flat for sale 2 1 1
Interested in this property? Call +44 1452 679486 * or Request Details

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

Property features

  • No onward chain
  • Two double bedroom first floor apartment
  • Characterful features throughout
  • Open plan kitchen and living room with integrated appliances
  • Off-road parking space
  • Potential rental income of £995 pcm
  • EPC rating D59
  • Gloucester City Council - Tax Band C (£1,900.50 per annum)

Property description

Located within the Historic Gloucester Docks on the edge of the Main Basin this charming and characterful two double bedroom first floor apartment has much to offer. Benefitting from open plan kitchen and living accommodation with integrated appliances and an allocated parking space, this apartment has much to offer residential buyers and investors alike with a potential rental income of £995 pcm.

Entrance Hallway

Hallway with secure intercom system and built-in storage cupboard. Access is provided to both bedrooms, bathroom and living accommodation.

Lounge / Kitchen

Spacious open plan kitchen and living area with convenient space for lounge and dining area if required with two windows facing to the rear aspect. The kitchen area boasts ample worktop and storage space with integrated appliances to include hob, oven and dishwasher along with plumbing for an automatic washing machine.

Bedroom One

Double bedroom with window facing to the rear aspect.

Bedroom Two

Double bedroom with window facing to the rear aspect.

Bathroom

White suite bathroom comprising of towel rail, w.c, wash hand basin and bath with shower attachment over.

Outside

Located in the the Castlemeads car park a short walk from the building, the property benefits from a secure parking space.

Location

To the south of the main docks area is the Gloucester Quays designer outlet centre, which has an outstanding mix of high street and designer labels, with an array of eateries and waterfront bars. Moving into the City, you will find Gloucester Cathedral and a number of independent shops and boutiques. Gloucester bus station provides regular services to all surrounding suburbs. The train station is within a mile and offers direct lines to London. An allocated parking space completes the property with potential to obtain a permit for an extra space if required.

Material Information

Tenure: Leasehold property with 199 years from 2013. Management Company: Y&Y Management Ltd. Avon House, 2 Timberwharf Road, London, N16 6DB. Annual ground rent of £380 payable in half yearly instalments. Annual service charge £2,803.85. Annual car park service charge £831.15. *Information correct as of 13/5/24*

Local authority and rates: Gloucester City Council - Tax Band C (£1,900.50 per annum).
Electricity supply: Mains
Heating: Electric heating
Water supply: Mains
Sewerage: Mains
Broadband speed: Standard 18 Mbps, Superfast 80 Mbps. - Highest available download speed.
Mobile phone coverage: EE, Vodafone, Three, O2.

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for GL1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £402,990 £195 3.8 £397,030
Semi-detached £267,922 £172 3.2 £254,253
Terraced £251,444 £151 2.7 £181,097
Flats £163,711 £203 1.6 £128,090

Current asking prices in GL1

Average: £220,689
Avg. current asking prices in GL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £195,000
(2)
£176,398
(25)
£256,509
(49)
£374,944
(18)
£432,000
(5)
Flats £121,068
(42)
£173,518
(48)
£155,000
(1)
- -
All £124,428
(44)
£174,504
(73)
£254,479
(50)
£374,944
(18)
£432,000
(5)

Current asking rents in GL1

Average: £1,616 pcm
Avg. current asking prices in GL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £593 pcm
(19)
£975 pcm
(1)
£1,200 pcm
(3)
£2,039 pcm
(4)
£2,884 pcm
(8)
Flats £602 pcm
(20)
£1,120 pcm
(5)
£2,375 pcm
(1)
- -
All £597 pcm
(39)
£1,096 pcm
(6)
£1,494 pcm
(4)
£2,039 pcm
(4)
£2,884 pcm
(8)

Fun facts for GL1

Highest value in GL1
Highest value streets Zed-Index
New Dawn View £521,558
Estcourt Close £449,598
Alderman Road £422,808
Brunswick Road £407,022
Estcourt Road £390,401
Highest turnover in GL1
Highest turnover streets Turnover
The Stockyards 57.9%
The Conifers 38.1%
Myers Road 35.7%
Highworth Road 35.3%
Alma Place 34.4%
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For more information about this property, please contact
Naylor Powell, GL1 on +44 1452 679486 * (local rate)

Monthly running costs Beta

£911 Monthly total

Mortgage

Purchase price
Deposit (10%) 17,995
Repayment term 25
Interest rate 2.0
Your payment £686 /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

Rebuild value up to £100,000 Contents value up to £80,000 Average insurance cost £14/mo (£166/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

Council Tax

Local authority

Gloucester

Estimated tax band B Council tax cost £124 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

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 Naylor Powell 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 Naylor Powell, and do not constitute property particulars. Please contact Naylor Powell 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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