- Investment opportunity: 6.8% Yield +
- Excellent location with parks nearby +
- Close to local amenities +
- 2nd floor apartment +
- Two bedrooms +
- Two bathrooms +
- Rental income £875 PCM +
- Allocated parking +
- No onward chain +
Welcome to this charming two-bedroom, two-bathroom purpose-built apartment nestled in the heart of the popular Oakley area in Cheltenham. Built circa 2007, this cosy residence boasts convenience, comfort, and accessibility, making it an ideal home or investment property. With no onward chain, the property promises a hassle-free transition for its future owner.
Full Description - Situated just across the road, Sainsbury's provides a convenient shopping option for daily needs. Families will appreciate the close proximity to primary schools, making the morning routine a breeze. The surrounding area offers a selection of parks, providing a natural and recreational escape for residents.
Accessed through a well-kept communal hallway, the apartment welcomes you with a second passage leading to the main entrance. The master bedroom is generously sized, featuring an ensuite bathroom and a large wardrobe for ample storage. The second bedroom, though slightly smaller, offers comfortable living space. The main bathroom is equipped with laminate flooring and includes a shower over the bath.
The kitchen, seamlessly attached to the sitting / dining room, is well-appointed with a range of units and appliances. The sitting/dining room, enjoying a dual aspect, serves as an inviting family space and an ideal setting for entertaining guests. The property also comes with off-road parking, adding a valuable practical feature.
This apartment is not just a home; it's an investment opportunity with a 6.8% yield. With its attractive features and location, it holds potential for both homeowners and investors alike. The convenience of primary schools nearby makes it an appealing choice for families.
Surrounding the estate are picturesque hills and fields, creating a serene backdrop for residents. Despite its peaceful surroundings, the property is conveniently close to Cheltenham town centre and neighbouring areas. A large supermarket on the doorstep enhances the convenience factor, ensuring that daily necessities are within easy reach.
For those who appreciate outdoor activities, an easily accessible park with a sizeable field is located nearby, providing an excellent space for recreation and relaxation. Whether you're seeking a comfortable home or a smart investment, this apartment in Oakley, Cheltenham, is a delightful option that seamlessly blends modern living with convenience and charm.
Further Information - Tenure: Leasehold
Lease duration: 134 years remaining
Ground rent: £150 per annum
Service charge: £170.04 per month
Council tax band: B
Local authority: Cheltenham Borough Council
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