Property description
** INVESTMENT OPPORTUNITY - FREEHOLD SALE - FOUR CENTRAL APARTMENTS**
Sure Sales & Lettings are pleased to offer a Freehold Investment providing four separate dwellings with tenants in Situ.
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 - Newly converted into a Large Two bedroom, Two bathroom apartment with large open plan kitchen (with island), generous lounge to front aspect and two double bedrooms with the second being on ground floor level. Ample storage available and modern fittings have been included to increase the appeal to the rental market. (Awaiting EPC due to renovation - Previous EPC E51)
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
Property Features :
- FREEHOLD
- INVESTMENT OPPORTUNITY
- FOUR FLATS
- GENEROUS YIELD ON INVESTMENT
- TENANTS IN SITU
Property Info: