1c Oldminster Road, Sharpness GL13

£86,500

Guide price

  • Bedrooms: 1
Modern converted ground floor apartment in attractive Victorian building - investment opportunity/first time buyer - popular village location -

living room/kitchen - bathroom - bedroom - central heating - double glazing

energy rating D

SituationThe property occupies a pleasant position in the village of Newtown, which has local facilities including primary school and post office/mini-market. A wider range of facilities can be found in the nearby historic town of Berkeley which is famous for its Jenner Museum and Castle and has a good range of local traders. There are further towns of Dursley and Wotton-under-Edge which offer a wider range of shopping, educational and recreational facilities. Commuting to the larger centres of Gloucester, Bristol and Cheltenham is made easily accessing via the A38 and M5/M4 motorway network.

DirectionsIf travelling South on the A38 pass the junction at the Prince of Wales Hotel taking the next turning on the right on the B4066 signposted Berkeley and continue to the roundabout taking the second exit, continue on the bypass to the next roundabout taking the second exit and continue for approximately half a mile taking the first turning on the right signposted Newtown and Sharpness. Continue under the railway bridge and proceed across the mini-roundabout and as the road bears to the right turn left and the property will be found immediately on the right hand side.

DescriptionThe property was converted from a former Co-operative store into seven apartments and finished to a good standard. This attractive Victorian building has high ceilings and this apartment is accessed from Oldminster Road. The front door leads into a good sized living room/kitchen which in turn leads to double bedroom and shower room. There is electric combination boiler supplying radiator central heating. The property would be ideal as a buy to let and provides a good return. It is anticipated that the flat would let for asking rent of £450 per calendar month, which gives an annual gross yield of in excess of 6%.

The Accommodation(Please note that our room sizes are quoted in metres to the nearest one hundredth of a metre on a wall to wall basis. The imperial equivalent (included in brackets) is only intended as an approximate guide).

Living Room/Kitchen (4.56m x 3.34m (15'0" x 10'11"))Having laminate flooring, double glazed front door, double glazed windows to front and side. A range of modern wall and base units with laminated round edge work surfaces over, inset stainless steel single drainer sink unit, built in oven, ceramic hob, cooker hood, plumbing for automatic washing machine and door to:

Bedroom (2.97m x 2.67m (9'9" x 8'9"))Having double glazed window to side and radiator.

Shower RoomHaving large shower cubicle with mixer shower, low level wc, wash hand basin, towel rail/radiator, walk in storage cupboard with electric warm air heating boiler supplying radiator central heating and domestic hot water.

Agent's NoteTenure: The property will be sold with the benefit of a new lease.

Council Tax Band: 'A' £1,160.27

Mains electricity, water and drainage are connected.

Electric heating with radiators.

Investment ReturnIt is anticipated that the property would let for £450 per calendar month and it has let for in excess with the previous tenant and this would provide a gross yield of 6.25%.

ViewingBy appointment with the owner's sole agents as over.

Misrepresentation act 1967. Messrs. Bennett Jones for themselves and for the Vendors of this property whose agents they are, give notice that: All statements contained in their particulars as to this property are made without responsibility on the part of the Agents or Vendors. None of the statements contained in their particulars as to this property is to be relied on as a statement or representation of fact. Any intending purchasers must satisfy himself by inspection or otherwise as to the correctness of the statements contained in these particulars. The Vendors do not make or give and neither the Agents nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.

Arrange viewing 01453 299924

Bennett Jones Partnership

31 Parsonage Street, Dursley, Gloucestershire, GL11 4AA

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