- Prime Location +
- Period Building +
- Six Flats +
- High Rental Income +
- Strong Rental Yield +
- Consistent Demand +
- Investment Potential +
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:
Old Bath Road is situated in the heart of Cheltenham, a vibrant town renowned for its Regency architecture, cultural attractions, and excellent amenities. The property is conveniently located within walking distance of the town centre, offering easy access to a wide range of shops, restaurants, cafes, and entertainment venues. Cheltenham is also well-connected to major cities, with excellent transport links including train and bus stations. The property's prime location ensures strong tenant demand and a desirable lifestyle.