The first property you buy is very rarely your forever home as you’ll probably take that first step on the ladder at an early stage in your life. You’ll probably buy a small house or flat with (probably) a scary-looking mortgage and then build up equity so you can afford a larger second-step home.
We’ve all got to start somewhere, so if your somewhere is Cheltenham, we might have just the place for you.
Coopers Court, Cheltenham GL50 4EX, £120,000
This chain-free second-floor flat is in the popular St Paul’s area of Cheltenham and so is very near to the town centre with all of its amenities. The property offers buyers an open-plan kitchen, dining and living area with large windows, one double bedroom and a modern tiled bathroom.
With 116 years left on the lease, an annual ground rent of £1,370 and a band A Council Tax bill of £1,303, this apartment represents a great first-time buyer or investment opportunity.
St Paul’s Street South, Cheltenham GL50 4AW, £140,000
Another chain-free property, this ground-floor apartment is located in a period building just a few minutes from Cheltenham town centre. The flat has an open-plan kitchen, living and dining area, a good-sized double bedroom and a tiled shower room.
This apartment has 107 years left on its lease, permit parking and an annual service charge of £982. Like the Coopers Court apartment, this property is also in Council Tax band A, with an annual bill of £1,303.
Ennerdale Road, Cheltenham GL51 3NL, £165,000
Situated in the popular Hatherley area of Cheltenham, this two-bedroom ground-floor apartment offers two good-sized double bedrooms and a kitchen dining area with a separate living room. There’s also a tiled wet room and a separate toilet. The annual ground rent is £10 and the annual service charge is around £500. The property is in Council tax band B so the bill is £1,520 and there are 97 years remaining on the lease.
Whitemarsh Close, Cheltenham GL51 0PT, £190,000
This property is a two-bedroom mid terrace house on the outskirts of Cheltenham. The house offers buyers a spacious lounge with a kitchen at the rear and a large south-facing rear garden, as well as an allocated parking space.
While at the upper end of many first-time buyer budgets, the property is in very good condition and is ready to move into. The house is in Council Tax band B, with an annual bill of £1,520.
