High Street, Cheltenham GL50 3HD - £360,000

  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property
  • High Street, Cheltenham GL50 3HD property

Key Features

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  • Buy to Let Investment Property
  • Town Centre Location
  • 5.8% Yield but Scope for Improvement via Serviced Letting
  • Perfect for Serviced Apartments
  • Grade II Listed Building
  • Renovated 2015
  • One Bedroom First Floor Apartment rented at £775pcm
  • Two Bedroom Duplex Apartment over Second and Third Floor rented at £970pcm
  • Both Apartments come Fully Furnished
  • Chain Free

Full Details:


INVESTMENT OPPORTUNITY CONSISTING OF TWO APARTMENTS FOR SALE LEASEHOLD PERFECT FOR SERVICED LETTING This impressive Grade II listed building is located in the heart of Cheltenham's Town Centre on the High Street. The property was renovated in 2015 and it has been rented out since 2016, the current income per calendar month stands at £1745 giving a 5.8% yield but there is potential to increase that via Serviced letting. Apartment 2 used to be let serviced with almost £24,000 in bookings (after booking site commission) taken during 2019.

INVESTMENT OPPORTUNITY CONSISTING OF TWO APARTMENTS FOR SALE LEASEHOLD PERFECT FOR SERVICED LETTING
This impressive Grade II listed building is located in the heart of Cheltenham’s Town Centre on the High Street. The property was renovated in 2015 and it has been rented out since 2016, the current income per calendar month stands at £1745 giving a 5.8% yield but there is potential to increase that via Serviced letting. Apartment 2 used to be let serviced with almost £24,000 in bookings (after booking site commission) taken during 2019.

Apartment 1
The one bedroom first floor period apartment comprises of an entrance hall, open plan living room / kitchen with integrated appliances, double bedroom and shower room.
Apartment 2
The two bedroom top floor duplex apartment comprises of: A good sized living room / diner, spacious kitchen / breakfast room with integrated appliances, upstairs leads to the second floor landing with stunning roof lantern allowing plenty of natural light, two double bedrooms with an ensuite to master bedroom and family bathroom.

It should be noted that this property is being marketed by an employee of Elliot Oliver.

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