1 bedroom apartment for sale

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1 bedroom apartment for sale

Victoria House, Mayhill Way
£120,000

Price History

Initial price £130,000
26/02/25 £125,000
05/07/25 £120,000
Price Change -7.69%

Description

This modern one-bedroom apartment is situated on the third floor of a building in the heart of Gloucester, surrounded by green spaces and with easy access to the M5. The property is currently tenanted, with a monthly rent of £760 and a yield of 7%. The apartment features a spacious open-plan living area, a sleek fitted kitchen, a generous double bedroom, and a large bathroom with a separate shower cubicle and bathtub. The property is well-maintained, neutrally decorated, and benefits from gas central heating. With a leasehold tenure, 976 years remaining on the lease, and a service charge of around £975 per annum, this property offers a convenient and tranquil living space for a landlord looking to sell their property with a tenant in situ.