2-bedroom flat · GL4 4BG
For saleReduced £5k (−2.9%) on 15 AugListed 555 days
Opportunity summary
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About
A bright two bedroom on the top floor, this apartment benefits from views of Robinswood Hill. Part of McCarthy and Stones retirement living range. Parking space included in the sale.
Clementine Court Clementine Court is a McCarthy and Stone Retirement Living development built in 2008 and made up of 19 one and two bedroom apartments in two detached buildings.
Found on The Wheatridge, this development is an ideal place to spend an independent retirement in a very sort after residential location. Bus stop 400 yards, town centre 3 miles.
A local doctor’s surgery is also nearby. New residents are accepted from 55 years of age.
There's no need to worry about the burden of maintenance costs as the service charge covers the cost of all external maintenance, gardening and landscaping, external window cleaning, buildings insurance, water rates, security and a 24hr a day emergency call system.
Lift to all floors. Apartment Two bedroom top floor apartment, with a parking space included. The property comprises an entrance hall, lounge/Diner, kitchen, two double bedrooms.
This apartment benefits from having a shower and a bath. Entrance Hallway A front door with spy hole and letter box opens into the entrance hall.
From the entrance hall you have a door to the storage cupboard which houses the Gledhill hot water boiler. Emergency speech module and pull-cord. Smoke detector.
All other doors lead to shower room, bedrooms, and living room. Emergency speech module and pull-cord. Living Room A good sized living room with beautiful views of Robinswood Hill.
Two ceiling light points, two electric radiators. Sky TV and telephone points (connection fees may apply). Open plan kitchen off the lounge.
Kitchen Open plan kitchen with a sky light, eye & base level units with roll edge work surfaces, sink/drainer, electric oven with separate electric hob & hood, integrated fridge & freezer, power points, part tiled walls, recessed down lights.
Tiled floor. Bedroom Double bedroom with double glazed window, electric radiator, power points, TV point, Fitted mirror fronted wardrobes.
Second Bedroom A bright and spacious second bedroom that could even be used as an office or hobby room. Double glazed window, electric radiator, power points, TV point.
Bathroom Fully tiled shower room with vanity unit wash hand basin with lever taps and mirror over. WC and level access shower cubicle behind glass block wall, as well as a full length bath.
Heated towel rail, shaver point, wall heater and emergency pull-cord.
Service Charge Breakdown •Cleaning of communal windows •Water rates for communal areas and apartments •Electricity, heating, lighting and power to communal areas •24-hour emergency call system •Upkeep of gardens and grounds •Repairs and maintenance to the interior and exterior communal areas •Contingency fund including internal and external redecoration of communal areas The service charge is £5,444.65 for the financial year ending 28/02/2026.
The service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about the service charges please contact your Property Consultant or Concierge.
Ground Rent And Lease Info Lease: 125 years from 1st Jan 2008 Ground rent: £515 per annum Ground rent review: 1st Jan 2038 Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 12 Clementine Court, The Wheatridge, Gloucester
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