For Sale6 Bedroom Property in Old Bath Road, Cheltenham, Gloucestershire, GL53£750,000

Old Bath Road, Cheltenham, Gloucestershire, GL53

6 Bedroom Property for sale
£750,000
Property Type
Property
Bedrooms
× 6
Bathrooms
× 6
Receptions
× 6
Tenure
Freehold
Price
£750,000

Key Features

  • Prime location
  • Period building
  • Six flats
  • High rental income
  • Strong rental yield
  • Consistent demand
  • Investment potential

Resources

Description

This period building comprises six flats, generating a substantial annual rental income of £40,560. With a rental yield of 5.38%, this property presents a lucrative return for investors seeking a reliable income stream. The prime location, well-maintained building, and desirable layout ensure strong tenant demand, making it a secure and profitable investment. An exceptional investment opportunity awaits at 7 Old Bath Road, Cheltenham. This period building comprises six flats, offering a fantastic blend of one-bedroom properties and studios and a communal garden, ensuring a consistent rental income. Currently generating an impressive £40,560 annually, this property presents a lucrative opportunity for investors seeking a reliable return. The individual rental figures demonstrate the property's appeal: Flats 1, 4, and 5 command £665 per month, while Flats 2 and 3 attract £375. Flat 6, slightly larger than the studios, is rented for £635. The prime location in Cheltenham, coupled with the well-maintained building and desirable layout, guarantees strong tenant demand, ensuring a secure investment for years to come. With a rental yield of 5.38%, this property offers an attractive return on investment, making it an ideal addition to any investor's portfolio. The basement flat has a sitting tenant in place. Varying Council Tax Levels Throughout The Property. Freehold Sale

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