- Investment Opportunity
- Four Apartments Within A Well-Maintained Grade II Listed Building
- Enclosed Rear Garden And Two Off Road Parking Spaces
- Town Centre Location
- Potential Yearly income Of £43,200.00
- No Onward Chain
This exciting investment opportunity is located on St Georges Square overlooking the Cheltenham Spa Bowling Club providing four, one-bedroom apartments conveniently located within the town centre and offered for sale with no onward chain.
The well-maintained and stylish block has a potential income of £43,200 annually if the apartments are let individually on AST's.
The block could also be used as Airbnb's with a potential monthly income of £2,255 per month per apartment based on a 70% occupancy. Please note a local serviced apartment agent has estimated figures for this.
The four apartments have a communal entrance, with one apartment per floor offering an open plan kitchen-living-dining room with fitted kitchens, a double bedroom, and a shower room comprising a double shower, low-level WC and a vanity unit with an inset basin.
Outside is an enclosed good sized rear garden accessed via a communal door. Laid to lawn with a small patio area.
There are also two off road parking spaces opposite the front of the building.
Please note that the apartments are on one freehold title.
Tenure-Freehold
Council Tax - Due to the properties current use as a business, in the form of serviced apartments, they are not currently banded for residential use.
All information regarding the property details, including a position on Freehold, will be confirmed between vendor and purchaser solicitors.
For further information, please contact the selling agent, Cook Residential 01242 500259.
Important information
This is a Freehold property.
Property Ref: EAXML10639_12190232
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Cook Residential (Cheltenham)
Winchcombe Street, Cheltenham, Gloucestershire, GL52 2NF
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