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Cheltenham Town CentreBlock Of Flats

Cheltenham, GL52 2SG

Price: £1,320,000

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A portfolio of 18 flats and studios occupying 4 adjoining grade 2 listed period terraced houses in a central location. Each property has rear access off Highbury Lane with parking plus potential for further parking, there is also a single and a double garage. Situated just a short stroll from The Strand end of the high st , the properties are in need of general up grading that would result in an even higher yield. Currently returning an income of £91,440.

52 Grosvenor Street

A Grade 2 Listed Town House arranged as 6 flats and studios.

Basement Flat - 1 Bed flat, Sitting room, Kitchen, Bedroom , Bathroom. Rent £260 pcm

Ground floor Flat - 1 Bed flat, Sitting room, Kitchen, Bedroom, Bathroom. Rent £350 pcm

First Floor Studio Front - Studio Flat, Bed/Sitting Room , Kitchen, Bathroom. Rent £375 pcm

First Floor Studio Rear - Studio Flat, Bed/Sitting Room, Kitchen, Bathroom. Rent £320 pcm

Second Floor Flat - 1 Bedroom Flat, Sitting Room, Kitchen, Bedroom, Bathroom. Rent £435 pcm

Third Floor Flat - 1 Bedroom Flat, Sitting Room , Kitchen, Bedroom , Bathroom. Rent £385 pcm

Outside - rear yard with potential for more parking.

54 Grosvenor Street

A Grade 2 Listed Town House arranged as 4 Flats.

Basement Flat - 1 Bed Flat, Sitting Room, Kitchen, Bedroom, Bathroom. Rent £425

Ground Floor Flat - 1 Bed Flat, Sitting Room, Kitchen, Bedroom, Bathroom. Rent £450

First Floor Flat - 2 Bed Flat, Sitting room, Kitchen, 2 Bedrooms, Bathroom. Rent £495

Outside to rear, rear yard and Garage, potential for further off road parking.

Second Floor Flat - 1 Bed Flat, Siting room, Kitchen, Bedroom with En-Suite shower. Rent £400

56 Grosvenor Street

A Grade 2 Listed Town House arranged as 4 Flats.

Basement Flat - 1 Bed Flat, Sitting Room, Kitchen, Bedroom, Bathroom. Rent £450

Ground Floor - 1 Bed Flat, Sitting Room, Kitchen, bedroom, Bathroom. Rent £380

First Floor - 2 Bed Flat, Sitting Room, Kitchen, 2 Bedrooms, Bathroom. Rent £600

Second Floor - 1 Bed flat, Sitting Room, Kitchen, Bedroom, Bathroom. Rent £425

Outside rear yard with potential for further parking.

58 Grosvenor Street

A Grade 2 Listed Town House arranged as 4 flats.

Basement Flat - 1 Bed Flat, Sitting room, Kitchen, Bedroom, Bathroom. Rent £450

Ground Floor Flat - 1 Bed Flat, Sitting room, Kitchen, Bedroom, Separate WC , Bathroom. Rent £495

First Floor Flat - 2 Bed Flat, Sitting Room, Kitchen, 2 Bedrooms, Separate WC, Bathroom. Rent £525

Top Floor Flat - 1 Bed Flat, Sitting Room, Bedroom, Bathroom, Kitchen. Rent £400

Outside, rear yard and double garage plus potential for off road parking.

General

All properties are let on an AST basis. Floor plans are available on request. Please contact the agent on 01242 521322. A minimum of 24 Hours notice (weekdays) is required for viewings.

HMT has not tested any apparatus, equipment, fittings, or services and so cannot verify they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.

Information

Features

  • Potential for higher yield.
  • Double Garage
  • Single Garage
  • Parking
  • Central Location
  • 18 Flats
  • 4 Converted Town Houses
  • Income £91,440 PA
  • Investment opportunity

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