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