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7 bedroom semi-detached house for sale

50 London Road, Cheltenham, Gloucestershire, GL52 6DY

Withdrawn from Market £835,000

Property Description

Full description

An impressive, Grade II Listed Regency semi-detached town house currently converted into seven units with parking to the front and rear. The property is within walking distance of Cheltenham town centre with its restaurants, bars and shops. This residential investment opportunity is to be sold as a going concern with the existing tenants in situ. 50 London Road provides an income of approx. £47,100 per annum an a subsequent yield of 5.64%.

The interest to be sold is freehold and is subject to the following monthly rental figures, as of October 2016.

Flat 1               £630.00
Studio 2                £450.00
Flat 3                     £550.00
Flat 4                     £400.00
Bedsit 5 & 5A        £820.00
Flat 6                     £525.00
Flat 7                     £550.00

Mains electricity, water and drainage are connected to the property.

Viewings strictly by appointment only every Wednesday and Friday between 2:30pm and 3:30pm.  Please call 01242 523000 to book.

Sitting Room / Kitchen 4.30 m x 4.32 m Bedroom 3.95 m x 3.96 m WC 1.18 m x 2.41 m Shower Room 1.47 m x 0.99 m Flat 6 Gross Internal Area 59.9 m2 645 ft2

Bedroom 1 3.08 m x 2.52 m Bedroom 2 2.28 m x 2.78 m Sitting Room 4.91 m x 4.04 m Bathroom 3.07 m x 2.17 m Kitchen 5.18 m x 2.17 m Flat 1 Gross Internal Area 64.9 m2 699 ft2

Bedroom 4.29 m x 4.92 m Kitchen 4.33 m x 2.76 m Shower Room 1.43 m x 2.66 m Flat 2 Gross Internal Area 52.7 m2 568 ft2

Sitting Room 3.75 m x 4.89 m Kitchen 4.92 m x 2.63 m Bathroom 3.80 m x 1.58 m Bedroom 3.54 m x 2.55 m Flat 3 Gross Internal Area 69.9 m2 752 ft2

Kitchen 3.87 m x 2.15 m Studio 4.35 m x 4.37 m Bathroom 2.90 m x 1.37 m Flat 4 Gross Internal Area 43.3 m2 466 ft2

Sitting Room /Bedroom/Kitchen 4.94 m x 3.07 m Bedsit 5 Gross Internal Area 15.2 m2 163 ft2 NB Both Bedsits outlined share WC/Shower facilities

Sitting Room / Bedroom 4.91 m x 3.92 m Kitchen 2.34 m x 1.72 m Bedsit 5A Gross Internal Area 23.3 m2 250 ft2 NB Both Bedsits outlined share WC/Shower facilities


Buildings Gross Internal Area 439.4 m2 4,730 ft2 (including communal areas)

More information from this agent

Listing History

Added on Rightmove:
07 November 2016

Map & Street View

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