Peacock Close, Cheltenham, GL51
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- 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.
Freehold
Key features
- Well Presented Two-Bedroom House
- Investment Opportunity
- Gross Rental Yield of Approx. 5.76%
- Current Rent of £1,200 PCM
- Single Garage and Off Road Parking
- Open Plan Living Space
- Spacious Main Bedroom
- South Facing Garden
- Quiet Cul-de-Sac Location
Description
INVESTMENT OPPORTUNITY – TENANTS IN SITU – £14,400 ANNUAL RENTAL INCOME – 5.76% GROSS YIELD
Move are pleased to offer this well-presented two-bedroom house to the market as an investment opportunity, sold with tenants in situ and currently generating a rental income of £1,200 per calendar month / £14,400 per annum.
Offered at £250,000, the property provides investors with an immediate income from completion and a gross rental yield of approximately 5.76%, without the need to source a new tenant.
The accommodation itself is well presented throughout and benefits from a single garage, south-facing rear garden and gas central heating, while being situated within a quiet cul-de-sac location.
The ground floor comprises an entrance hallway with the kitchen positioned to the front of the property. To the rear is a spacious living/dining room with sliding doors opening directly onto the garden.
The south-facing rear garden is predominantly laid to lawn with a patio seating area and provides an attractive outside space for the current tenants.
Upstairs, there are two bedrooms alongside the family bathroom, which is fitted with a WC, wash hand basin, heated towel rail and bath with shower over. The principal bedroom overlooks the rear garden, while the second bedroom is positioned to the front.
With an established tenancy already in place, this represents an opportunity for a landlord to acquire a ready-made rental investment with income from the outset.
Asking Price: £250,000
Current Rent: £1,200 PCM
Annual Rental Income: £14,400
Gross Rental Yield: Approx. 5.76%
Tenure: Sold with tenants in situ
Council Tax Band: B
Please contact Move for further information regarding the tenancy or to arrange a viewing.
EPC Rating: C
Garden
To the rear of the property is the garden, which is mostly laid to lawn with a patio area. Being south-facing, it enjoys maximum sunlight throughout the day.
Parking - Garage
Parking - Driveway
Brochures
Buyers ReportProperty Brochure- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage,Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Peacock Close, Cheltenham, GL51
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Visit our security centre to find out moreDisclaimer - Property reference fbb7e2ea-c1a9-403d-a355-8d047b1fefd4. 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 Move Sales & Lettings, 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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