Initial price	£50,000
07/03/25	£45,000
24/04/25	£40,000
Price Change	-20.00%

This one-bedroom apartment is a fantastic investment opportunity or a great option for first-time buyers looking to join the property ladder. Located in Gloucester City Centre, the property boasts a spacious open-plan living area with large windows and high ceilings, allowing for plenty of natural light. The apartment features a well-appointed kitchen, a large double bedroom, and a three-piece bathroom. With a guide price of £40,000-£50,000, this property is situated close to the city centre, hospital, and train station, making it an ideal location for city workers. The apartment is leasehold with 103 years remaining on the lease and comes with a service charge of £1,000 per annum and ground rent of £25 per annum. The property is being sold via online auction, with a non-refundable reservation fee of 3.6% inclusive of VAT payable on the winning bid, in addition to the purchase price.