Welland Court, Welland Lodge Road, Cheltenham, Gloucestershire, GL52 Property for sale

An excellent opportunity to purchase a well-presented two-bedroom ground floor flat at Welland Court through a unique affordable housing scheme, allowing you to purchase at 70% of the market value whilst owning 100% of the leasehold interest with no additional rent to pay.

For over 55s only, this property offers an attractive opportunity for affordable home ownership.

The accommodation offers a bright and spacious living area, a fitted kitchen, two well-proportioned bedrooms, and a modern bathroom, providing comfortable and low-maintenance living throughout.

Ideal for those looking to retire or downsize, the property is ready to move into and enjoy.

Direct access from the flat to the garden area further enhances the appeal of this well-presented home.

A guest room is also available on request.

Conveniently situated within easy walking distance of local amenities including a bus stop, surgery, pharmacy, dentist and green spaces, Welland Court is well placed for everyday living.

Further benefiting from no onward chain, this property represents an excellent opportunity to secure affordable home ownership in a sought-after location. Early viewing is highly recommended.

Please note that the property is listed at 70% of the market value. This is a stipulation of the lease and the property is marketed as affordable accommodation. The successful purchaser will own 100% of the leasehold interest.

On any future resale of the property, a charge of 1.25% of the original purchase price multiplied by the number of years of ownership will be payable. This contribution is paid into the Anchor site sinking fund.

A location manager is on site Monday-Friday and a daily welfare call is made to all residents.

The development also benefits from a 24-hour on-call service.

** Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required Identity and Anti-Money Laundering checks. **