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Albion Street, Cheltenham, GL52 2RW 7 bed block of apartments for sale
Albion Street, Cheltenham, GL52 2RW
£900,000
Albion Street, Cheltenham, GL52 2RW
£900,000
Our Summary
- The whole building has recently enjoyed a full cosmetic restoration with new décor and carpets to all communal areas
- Let at £795PCM (unfurnished)Please contact Mark Millward at Hunters for further detailsOUTSTANDING FREEHOLD INVESTMENT OPPORTUNITY | Seven Bedroom Georgian Grade II Listed Town House | Fully Refurbished Throughout | Currently Five Fully Self Contained Flats | Three One-Bedroom and Two Two-Bedroom Flats | Two Private Gardens | Freehold | Permit Parking AvailableFlat 1 - Living / Kitchen - 5
- FREEHOLD INVESTMENT OPPORTUNITY
- Freehold investment opportunity
- Outstanding Freehold Investment Opportunity
Description
This exceptional freehold investment property in Cheltenham offers a lucrative opportunity with five self-contained town centre apartments currently let with ASTs, generating an outstanding annual income of £69,900 with an impressive yield of 7.8%. The property has undergone a full cosmetic restoration, with new décor and carpets throughout the communal areas, and each flat has been refurbished with new bathroom suites, kitchens, and carpets. The apartments range from one to two bedrooms, with some charming original features and a private courtyard garden to the rear. The property also benefits from a recent roof tile replacement and has no service charges for the buyer, making it an attractive investment opportunity.