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12 bedroom block of apartments for sale

Whitehart Street, Cheltenham

Sold STC £1,350,000

Property Description

Full description

Freehold Investment Opportunity

12 x Micro Apartments in Cheltenham. Available to purchase for £1,350,000 against a market value if sold individually of £1,600,000 (over 15% discount)

Situated on the outskirts of Cheltenham Town Centre, on a no-through road, Whitehart House is an ideal residential buy-to-let investment comprising 12 completely refurbished one bedroom apartments offered for sale as a single purchase with over 15% discount off of the market value for the 12 units should they be sold separately as leasehold. The development has been appraised for lettings and has projected rental income of £91,980 per annum giving an impressive yield of 6.8%

The development boasts a communal laundry room, communal courtyard garden, allocated parking for 9 apartments and a secure bike store. Each of the apartments have been finished to a high standard with modern kitchens featuring integrated appliances, double bedrooms and stylish shower rooms, all smartly decorated throughout and perfect for the target rental market of young professionals.

A viewing is highly recommended, but for any investors looking from further afield a 360 degree virtual tour of one of the units is available on request. For more details on this fantastic investment opportunity call the Leaders team on 01242 210700.

More information from this agent

Listing History

Added on Rightmove:
25 July 2018

Map & Street View

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