Property description
** INVESTMENT OPPORTUNITY - FREE HOLD DEVELOPMENT - FIVE APARTMENTS **
SureResidential Estate Agents are pleased to offer a Freehold Investment providing 5x separate dwellings with sit in tenants.
The period property is situated on the London Road just a short distance from Cheltenham Town Centre, Cheltenham General Hospital, local parks, amenities and transport networks.
The property briefly provides:
Communal Access from front and rear to hallway and stair well,
Ground Floor - Generous Studio apartment with separate kitchen and shower room, finished in a good standard with period features, gas central heating, and sash windows. Energy Performance E50 / Environmental Impact C70
First Floor - Large one bedroom apartment with a very generous lounge, separate kitchen/diner, separate bathroom with shower over bath, good double bedroom, gas central heating, period features including fireplace and sash windows. Energy Performance C70 / Environmental Impact D66
Second Floor - Large one bedroom apartment with a very generous lounge, separate kitchen/diner, separate bathroom with shower over bath, good double bedroom, gas central heating, period features including fireplace and sash windows. Energy Performance C71/ Environmental Impact D68
Lower Ground Floor Front - Access into kitchen, separate shower room, generous lounge to front aspect, double bedroom, gas central heating, part double glazing, entrance from front and back. Energy Performance E51 / Environmental Impact E45
Lower Ground Floor Back - Private access into hallway, separate kitchen, lounge, double bedroom, bathroom with shower over, double glazing and electric heating. Energy Performance E45 / Environmental Impact D62
Rear parking area for 3-4 cars accessed from Avenall Parade/A40.
Income from rentals currently provides yield of 4.9% with an ability to increase rents to provide 5.5%
Viewing by appointment only - Call SureResidential Estate Agents 01242 241200
Ground Floor Apartment
Ground Floor - Generous Studio apartment with separate kitchen and shower room, finished in a good standard with period features, gas central heating, and sash windows. Energy Performance E50 / Environmental Impact C70
First Floor Apartment
First Floor - Large one bedroom apartment with a very generous lounge, separate kitchen/diner, separate bathroom with shower over bath, good double bedroom, gas central heating, period features including fireplace and sash windows. Energy Performance C70 / Environmental Impact D66
Second Floor Apartment
Second Floor - Large one bedroom apartment with a very generous lounge, separate kitchen/diner, separate bathroom with shower over bath, good double bedroom, gas central heating, period features including fireplace and sash windows. Energy Performance C71/ Environmental Impact D68
Lower Ground Floor Front - Apartment
Lower Ground Floor Front - Access into kitchen, separate shower room, generous lounge to front aspect, double bedroom, gas central heating, part double glazing, entrance from front and back. Energy Performance E51 / Environmental Impact E45
Lower Ground Floor Back - Apartment/Mews House
Lower Ground Floor Back - Private access into hallway, separate kitchen, lounge, double bedroom, bathroom with shower over, double glazing and electric heating. Energy Performance E45 / Environmental Impact D62
Rear Access/Parking Area
Rear parking area for 3-4 cars accessed from Avenall Parade/A40.
Property Features :
- GREAT INVESTMENT PROPERTY
- FREE HOLD
- FIVE APARTMENTS WITHIN BUILDING
- TENANTS IN SITU IN ALL APARTMENTS
- GAS CENTRAL HEATING IN FOUR OF FIVE