Pegasus Court, St. Stephens Road, Cheltenham, Gloucestershire, GL51

Guide price £85,000
  • 1 Bed
  • 1 Bathroom

This beautifully maintained one-bedroom apartment is located on the upper floor of Pegasus Court, a purpose-built complex catering to individuals aged 60 and above. Residents can conveniently access the apartment through either stairs or a lift. Pegasus Court offers the services of a dedicated manager on site, as well as a 24-hour careline alarm services for added safety and peace of mind. Additionally, residents can enjoy the use of various communal facilities within the premises such as gardens, guestrooms, conservatory and lounge.

The apartment features a well-equipped kitchen with a variety of wall and base units, a sink, a drainer, and sufficient space for freestanding appliances with the washing machine being included in the sale. The spacious lounge boasts multiple windows, creating a bright and airy ambiance. The double bedroom includes built-in wardrobes for convenient storage. The recently refurbished shower room is equipped with a white suite and a wall-mounted shower with a built-in seat. Throughout the property all curtains, blinds and light fittings are included in the sale.

Externally, the property offers a detached garage located within a block, complete with electricity and lighting. Ample on-site parking is available for both residents and visitors.

Montpellier is the regency heart of Cheltenham, set to the south of the town centre. Originally developed in the 1830s in conjunction with the Spa, it is known for its bars, cafés, restaurants and range of specialist shops. Montpellier is the home of some fabulous architecture including the distinctive Rotunda by John Buonarotti Papworth, which opened as a pump room in 1825 and is now The Ivy restaurant. Opposite are Montpellier Gardens, home of many festivals including the Literature, Jazz, Science and food festivals.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

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