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Redmarley Road, Cheltenham

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investment opportunity: 6.8% Yield
  • Excellent location with parks nearby
  • Close to local amenities
  • 2nd floor apartment
  • Two bedrooms
  • Two bathrooms
  • Rental income £875 PCM
  • Allocated parking
  • No onward chain

Description

Welcome to this charming two-bedroom, two-bathroom purpose-built apartment nestled in the heart of the popular Oakley area in Cheltenham. Built circa 2007, this cosy residence boasts convenience, comfort, and accessibility, making it an ideal home or investment property. With no onward chain, the property promises a hassle-free transition for its future owner.

Full Description - Situated just across the road, Sainsbury's provides a convenient shopping option for daily needs. Families will appreciate the close proximity to primary schools, making the morning routine a breeze. The surrounding area offers a selection of parks, providing a natural and recreational escape for residents.

Accessed through a well-kept communal hallway, the apartment welcomes you with a second passage leading to the main entrance. The master bedroom is generously sized, featuring an ensuite bathroom and a large wardrobe for ample storage. The second bedroom, though slightly smaller, offers comfortable living space. The main bathroom is equipped with laminate flooring and includes a shower over the bath.

The kitchen, seamlessly attached to the sitting / dining room, is well-appointed with a range of units and appliances. The sitting/dining room, enjoying a dual aspect, serves as an inviting family space and an ideal setting for entertaining guests. The property also comes with off-road parking, adding a valuable practical feature.

This apartment is not just a home; it's an investment opportunity with a 6.8% yield. With its attractive features and location, it holds potential for both homeowners and investors alike. The convenience of primary schools nearby makes it an appealing choice for families.

Surrounding the estate are picturesque hills and fields, creating a serene backdrop for residents. Despite its peaceful surroundings, the property is conveniently close to Cheltenham town centre and neighbouring areas. A large supermarket on the doorstep enhances the convenience factor, ensuring that daily necessities are within easy reach.

For those who appreciate outdoor activities, an easily accessible park with a sizeable field is located nearby, providing an excellent space for recreation and relaxation. Whether you're seeking a comfortable home or a smart investment, this apartment in Oakley, Cheltenham, is a delightful option that seamlessly blends modern living with convenience and charm.

Further Information - Tenure: Leasehold

Lease duration: 134 years remaining

Ground rent: £150 per annum

Service charge: £170.04 per month

Council tax band: B

Local authority: Cheltenham Borough Council

SOME IMAGES HAVE BEEN VIRTUALLY STAGED

Brochures

Redmarley Road, CheltenhamBrochure
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Redmarley Road, Cheltenham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station2.2 miles
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About the agent

Morgan Associates, Cheltenham

Morgan Associates Ltd, Rotunda Buildings, Montpellier Exchange, Cheltenham, GL50 1SJ

Morgan Associates, Cheltenham
Morgan Associates Sales and Lettings
Morgan Associates Sales and Lettings Specialist

Established in 1965 and superbly located in one of Cheltenham's most prominent Regency buildings within Montpellier, Morgan Associates is the area's longest established and most successful residential lettings specialists.

This consistent success reflects the company's dedication to providing a first-class service to landlords and tenants in a rapidly changing and evolving rental mar

More properties from this agent

Industry affiliations

National Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference 32690859. 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 Morgan Associates, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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