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Area insightsShared ownership
£76,5001 bedroom apartment for sale
(45% Shared Ownership) Burrows Close, Gloucester
Chain-free
Apartment
1 bed
1 bath
521
EPC rating: C
Key information
Tenure: Leasehold | unconfirmed share | 245 yrs left
Council tax: Band A
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
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Features and description
- One Bedroom Ground Floor Apartment
- 45% Shared Ownership Property
- No Onward Chain
- Allocated Off Road Parking Space
- Close To The Popular Gloucester Docks
- Communal Gardens
- EPC Rating: C73
- Council Tax Band: A
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
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
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About this agent
We are delighted to be able to expand our business area, to cover Churchdown, Hucclecote, Brockworth, Barnwood, Abbeydale, Abbeymead, Longford, Coopers Edge, Longlevens, Gloucester and the surrounding areas. With more than forty years of Estate Agency and Lettings industry experience between us, Chosen Estate Agents offer a service that specialises in Residential Sales, Lettings and Property Management. If you have worked with us before, we look forward to seeing you again. If you haven’t, give us a call and see how we can help you.