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Agent details

This property is listed with:
Surelett Cheltenham
30, Hewlett Road, Cheltenham,
Telephone:
01242 241 200
 

Full Details for 1 Bedroom Detached for sale in Cheltenham, GL51 :

SureResidential Estate Agents Cheltenham are pleased to offer an ideal investment opportunity in a central location in a large Victorian build divided into two self contained 1 bed flats and a shop unit that is currently on a long let with 3 years remaining. The \"full repairing lease\" generates an income of £8800 per annum. The property is well maintained and a stones throw from Cheltenham Spa train station just a mile from the M5 so gives access to major train and motorway links.

Accommodation:
The two flats are 1st floor and garden level and are currently tenanted and the current rentals generate £6600 & £6300 per annum. Each flat benefits from GCH & double glazing. The collective current income for this property is £21,700.00, giving an annual yield of 6.5% The return on this investment is attractive and definitely worth a viewing if you are looking for a long term investment opportunity.

EPC (Flat B) D61


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SureResidential Sales Disclaimer:
Whilst every attempt has been made to ensure the accuracy of the floor plan and details contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for error, omission or mis-statement. This plan and description are for illustrative purposes only and should be used as such by any perspective purchaser. The services, systems and appliances shown have not been tested, as such no guarantee is given as to their operation and efficiency. We further recommend any perspective buyer to confirm through independent searches that the Building Regulation and/or Planning permission has been approved.

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