Pennine Road, Cheltenham
- PROPERTY TYPE
Land
- BEDROOMS
16
- BATHROOMS
9
- SIZE
Ask agent
Description
Description - Planning has been granted (21/02594/FUL) for the redevelopment of this brownfield site measuring 0.2166acres into 9 apartments, all of which benefit from parking. There are also three visitors parking spaces. The scheme would represent an excellent purchase for those looking to purchase a build to rent opportunity especially.
Flat 1 (1B2P) - 42sqm. - £160,000 / £750pcm
Flat 2 (2B3P) – 63sqm - £200,000 / £900pcm
Flat 3 (2B3P) – 63sqm - £200,000 / £900pcm
Flat 4 (2B4P) – 61sqm. - £195,000 / £950pcm
Flat 5 (2B3P) – 63sqm - £220,000 / £900pcm
Flat 6 (2B3P) – 63sqm - £220,000 / £900pcm
Flat 7 (1B2P) – 51sqm. - £175,000 / £800pcm
Flat 8 (2B4P) – 70sqm. - £245,000 / £1,000pcm
Flat 9 (2B4P) – 70sqm. - £245,000 / £1,000pcm
GDV - £1,860,000
Total Monthly Rent - £8,100
Location - Pennine Road is located within a short walk of Prestbury Village which offers a good range of local shops and amenities, three public houses, proactive parish church and a local school in addition to beautiful walking country. In addition, Sainsbury's Oakley is nearby. Cheltenham town centre offers a wider choice of amenities in addition to a number of boutiques, restaurants and wine bars which may be found in Montpellier.
General Information - Planning Reference - 21/02594/FUL
CIL Payable - £49,761.64
GDV - £1,885,000
Proposed Annual Rent - £83,400
Parking for the proposed is accessible via Pennine Road and Prescott Walk.
Brochures
REVISED_PROPOSED_SITE_LAYOUT-1237905.pdfPennine Road, Cheltenham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station2.3 miles
About the agent
Charles Lear, Cheltenham
103 Promenade, Cheltenham, GL50 1NW
Charles Lear have established themselves as Cheltenham's leading property consultancy. We offer a comprehensive range of services, covering Gloucestershire and surrounding counties. The unrivalled knowledge of the staff and partners provides a focused and personal service which consistently exceeds clients' expectations.
Residential Estate Agency remains a core part of the company's business, acting for clients in both the sale and acquisition of quality homes.
Our in-depth local
Industry affiliations
Notes
Disclaimer - Property reference 32951826. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Lear, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.