Moorend Park Road, Cheltenham, GL53 0GB
- PROPERTY TYPE
Detached
- BEDROOMS
11
- BATHROOMS
11
- SIZE
5,285 sq ft
491 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Detached Regency villa
- 11 one-bed flats
- Fully occupied
- Allocated parking spaces
- Separate meters
- Individual EPCs
- Council tax-separated
- 5,285 sqft
- £142,500 pa
- CBC-compliant conversions
Description
Arkle House, Moorend Road, The Park, Cheltenham — Freehold Investment Opportunity
Arkle House is a distinctive Regency property in The Park, a highly desirable Cheltenham neighbourhood. The building has been sensitively converted into 11 well-proportioned one-bedroom flats, each self-contained with independent utility meters, individual EPCs and council tax ratings. The apartments are currently fully occupied, producing a stable rental income and providing an attractive, low-management freehold investment.
Key features
11 one-bedroom apartments, fully let on Assured Shorthold Tenancies (ASTs) and compliant with the Renters (Reform) Act
Allocated parking space for each apartment
Separate meters, EPC and council tax band for each apartment (facilitates future individual sales)
Building area: c. 5,285 sq ft over four floors
Apartment sizes: from c. 32 sqm to c. 54 sqm
Current gross rental income: approx. £142,500 per annum
Conversion originally completed in the 1990s (former guest house) with further works in 2010; all works carried out in accordance with Cheltenham Borough Council (CBC)
Well maintained by current owners
Compliance & documentation All conversions and subsequent works were completed to CBC requirements. Tenancies are ASTs and compliant with the Renters (Reform) Act. Detailed tenancy schedules, income and expense records, EPCs, individual meter information and maintenance history are available to serious parties on request.
Investment highlights
Immediate, established income stream with scope to increase rents in line with market
Flexible future options: hold as portfolio income, refinance, or sell apartments individually (separate meters/EPCs/council tax support resale)
Desirable location adjacent to The Park — strong rental demand and capital growth prospects
For further information, to request the tenancy schedule, financials or to arrange a viewing, please contact Justin Lawrence
- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Moorend Park Road, Cheltenham, GL53 0GB
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Visit our security centre to find out moreDisclaimer - Property reference S1712186. 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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