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COMMERCIAL

Block of Four Fully Let Apartments

Guide Price
£575,000
Price Estate Agents, Malvern
PROPERTY TYPE

Residential Development

BEDROOMS

6

BATHROOMS

4

SIZE

Ask agent

Floor/Site plan 1
1

Key features

  • Investment opportunity
  • Four Apartments In An Attractive Regency Building
  • Located In Cheltenham Town Centre
  • Two Off Road Parking Spaces
  • Annual income of approximately around £40,000

Description

Presenting a remarkable investment opportunity, this substantial investment block available for sale with a guide price of £575,000, is ideally situated in the highly sought-after Cheltenham town centre. This unique offering comprises four self-contained apartments with two parking spaces.


The property is currently delivers an impressive annual income of approximately £40,000, making it a robust addition to any property portfolio. Each of the four apartments is designed for comfortable living and retains some attractive period features, appealing to a broad tenant base within this vibrant spa town.


In total, the property features six well-proportioned bedrooms and four modern bathrooms, ensuring ample accommodation and facilities across the units. Additionally, there are four reception rooms, providing flexible living or communal spaces within the apartments.

Basement Flat - One bedroom flat with its own Entrance and courtyard garden currently let at £850pcm
Flat 1 - One Bedroom Ground floor flat, currently let at £765pcm
Flat 2 - Two bedroom split level flat currently let at £750pcm
Flat 3 - Two bedroom flat, currently vacant with expected rent of £1000pcm


A significant advantage, particularly for a town centre location, is the inclusion of two dedicated parking spaces. This amenity greatly enhances the appeal and convenience for tenants, contributing to high occupancy rates and rental demand.


Cheltenham itself is renowned for its elegant Regency architecture, world-class festivals, and excellent shopping and dining experiences. Its strong local economy, coupled with its reputation as a desirable place to live, ensures a consistent demand for rental properties. The town also benefits from excellent transport links, including a mainline railway station with direct services to London and other major cities, further enhancing its attractiveness to residents and, consequently, to property investors.

Investors seeking a stable, income-generating asset in a prime UK location should give serious consideration to this Cheltenham property. Its combination of a central location, multiple income streams, and valuable parking facilities positions it as an outstanding acquisition. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional investment.


ADDITIONAL INFORMATION:

EPC Ratings:
Ground Floor Flat : E
Flat 1: D
Flat 2: E
Flat 3: EPC Exempt

Tenure:
We understand subject to legal verification that the properties are leasehold.
Further information to follow.

These details are subject to legal verification and must be confirmed by a solicitor.

No information in these sales particulars has been formally verified and prospective purchasers are invited to satisfy themselves that the information is accurate before making a formal offer.

Energy Performance Certificates

EPC 1EPC 2EPC 3

Block of Four Fully Let Apartments

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station1.1 miles

About Price Estate Agents, Malvern

1 Worcester Road, Malvern, Worcestershire, WR14 4QY
Industry affiliations:Industry affiliation logo 0

At Price Estate Agents, we provide a consultative, "business-class" service with a strategic approach. Our experienced staff have all worked in the area for many years, giving us unrivalled knowledge of the local market. Using our local expertise, combined with a professional but friendly approach to navigate the complexities of selling or renting your property. We provide you with honest advice and deliver exceptional value to both vendors looking to sell, or landlords wanting to protect and maximize their investments. We have implemented the latest technology to ensure that buyers and tenants are regularly updated with properties that meet their specified needs and can update their requirements with the click of a button. We would be delighted to discuss your property related needs and dreams.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference PRC_SLS_LFSYCL_1014_1181488032. 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 Price Estate Agents, Malvern. 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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