Cumberland Terraces

CUM021 - 3 beds | 1 bath - Available

£285,000

Price per sqm £3,496.93

Description

Modern three bedroom one bathroom 2nd floor apartment located in the sought after area of the South District. The property is of good standard and includes a fully fitted kitchen with modern appliances. Living room is spacious and has two of the main walls finished in a stone effect. The Master bedroom comes with fitted wardrobe, 2nd bedroom is lovely and spacious and 3rd bedroom is ideal for a single child. Property also contains two big storage cupboards in the corridor for extra storage space.

Property sold partly furnished and includes an allocated parking space within the underground garage.

Viewing is recommended.

3 Year residency restriction applies.

About Cumberland Terraces

Located in South District, commonly known as the quieter and predominantly residential area in Gibraltar. The development is located in the lower region of the district and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

This development was commissioned by the Government of Gibraltar during 2005/6 as a new phase of affordable housing for local first time buyers.

The location generally affords great views and aspects southward towards the Bay, Strait of Gibraltar and Africa. The district enjoys the benefit of two junior and middle schools, Loreto Convent and St Josephs.

In addition, there are numerous historic, touristic and leisure sites in the area, including Parsons Lodge, Europa Point Park, 100 Ton Gun, Rosia Bay and Camp Bay as well as the famous The Botanical Gardens.

CHARGES

Rates: £88.29 Per Quarter
Service Rates: £264.88 Per Month

AREAS m2

Interior Size: 80m2
Exterior Size: 3m2

AMENITIES

Parking:
Private Parking

FEATURES

  • Lifts
  • Ceramic wood effect flooring
  • South Aspect

Terms and Lease

Ownership:
Leasehold

Average BMI Property Sales Prices for Cumberland Terraces 3 beds Apartment

Average Price

Year

£233,600.00 2017
£205,000.00 2015

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.

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