Old Bath Road, Cheltenham, Gloucestershire, GL53
6 bedroom in Cheltenham
£750,000 Freehold
- 6
- 6
- 6
PICTURES AND VIDEOS
KEY FEATURES
- Prime Location
- Period Building
- Six Flats
- High Rental Income
- Strong Rental Yield
- Consistent Demand
- Investment Potential
KEY INFORMATION
- Tenure: Freehold
Description
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
Location
Marketed by
Winkworth Cheltenham
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At Winkworth Cheltenham Estate Agents, we recognise how important finding the right home is. That is why we make sure our local knowledge, expertise and understanding of the market, as well as of our client's needs, is unrivalled. So, whether you are buying, selling, renting or letting, in the town or the country, our friendly, dedicated and professional team are always on hand to help. Please come and talk to us about your property requirements, and get to know the team from the Winkworth Estate Agents in Cheltenham.
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