Bath Road, Leckhampton, Cheltenham, GL53
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- 4 Apartments (3 x 1 Bed and 1 x 2 Bed)
- Fully Tenanted with a Rental Income of £46,500 per annum with a gross yield of 5.17%
- Share of Freehold
- Unfurnished
- Finished to a very High Standard
- No Parking
- Electric Heating
- Managed by Elliot Oliver Lettings
Description
We have been instructed by our client to offer this block of 4 modern apartments in the main shopping area in Leckhampton, Cheltenham for offers in the region of £900,000. The building comprises two adjoining mid-terrace buildings of rendered brick construction and pitched tiled roof. The apartments are entered via a communal door between the two commercial properties on the ground floor and then split over the first and second floors.
Each apartment comprises an entrance hallway, a single main living/dining/kitchen room, in which all the kitchens are fitted with appliances, the two bedroom has two en-suites and the one bedrooms come with shower room off the corridor.
Tenancy Schedule:
- Apartment One - 1 Bedroom at £800 pcm
- Apartment Two - 2 Bedroom at £1200 pcm
- Apartment Three - 1 Bedroom at £900 pcm
- Apartment Four - 1 Bedroom at £975 pcm
Areas:
- Apartment One - 54.26 sqm
- Apartment Two - 82.80 sqm
- Apartment Three - 49.35 sqm
- Apartment Four - 55.57 sqm
All currently rented out on "Assured Short-hold Tenancies" with a combined rental income of £46,500 per annum with a gross yield of 5.17%
Location:
The property is situated in the spa town of Cheltenham which has a population of approximately 115,000 and lies in the heart of the Cotswolds. There is great excellent access to the M5 motorway lying on the fringes of the town and the main A40 road providing access to Oxford and London. There is in addition a main line railway station with direct links to London and Birmingham.
Viewings:
Strictly by prior arrangement with the agents (Due to the building being tenanted at least 24 hours notice required).
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Bath Road, Leckhampton, Cheltenham, GL53
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station1.1 miles
About the agent
Elliot Oliver Sales, Cheltenham
101 Promenade, Cheltenham, GL50 1NW
Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.
Elliot Oliver Sales has always used computer and internet technology, but our biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.
Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by hig
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference S944951. 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 Elliot Oliver Sales, 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.
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