Church Street, Tewkesbury 1 bed house for sale

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Church Street, Tewkesbury 1 bed house for sale

Church Street, Tewkesbury
£775,000

Our Summary

  • This freehold investment opportunity on Church Street comprises six one-bedroom apartments together with a ground floor commercial unit, all within easy reach of the town centre

Description

This freehold investment property on Church Street consists of six one-bedroom apartments and a ground floor commercial unit, all located near the town center. The property was converted in 2005 and is being sold with tenants in place and no chain, making it an attractive buy-to-let opportunity. The apartments are arranged two per floor and feature open-plan kitchens, living areas, and bedrooms, while the commercial unit has separate access and storage facilities. The property is held on a single freehold title, with the apartments and commercial unit not on separate leases. The current annual rental income is £64,500, which equates to an 8.06% return on investment, with potential for growth if the apartments were let at the market rate. With parking available for the apartments and fibre broadband connectivity, this property offers a strong investment opportunity for those looking to generate a steady income.