1 bedroom apartment for sale

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1 bedroom apartment for sale

Prince Regent Mews, Town Centre, Cheltenham, GL52
£175,000

Our Summary

  • Leasehold with 115 years remainingAnnual ground rent: £150Service charge: £1,946 per yearCouncil tax band: BThis property offers a strong investment opportunity in a sought-after central location with consistent rental demand

Description

This first-floor apartment in Cheltenham's town centre is an attractive investment opportunity, currently generating a rental income of £1,000 per month, equivalent to a 6.9% yield. The property features a spacious open-plan living area, modern kitchen, double bedroom with built-in wardrobes, and a bathroom with a shower over the bath. With gas central heating and double glazing, the apartment is well-equipped to provide a comfortable living space for tenants. The property is leasehold with 115 years remaining, and annual ground rent and service charges are £150 and £1,946 respectively. Overall, this property offers a strong investment opportunity in a sought-after central location with consistent rental demand.