Church Street, Tewkesbury... 6 bed terraced house for sale

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Church Street, Tewkesbury... 6 bed terraced house for sale

Church Street, Tewkesbury, Gloucestershire
£775,000

Our Summary

  • This attractive freehold investment opportunity on Church Street comprises six one-bedroom apartments and a ground floor commercial unit, all set in a prime town-centre location within easy reach of local amenities
  • A superb investment opportunity in a highly sought-after central location

Description

This attractive freehold investment property on Church Street offers six one-bedroom apartments and a ground-floor commercial unit in a prime town-centre location. The property, converted in 2005, is currently generating an annual rental income of £64,500, producing a yield of 8.32% at the asking price. With several apartments let below market value, the potential annual income increases to £71,400, delivering a potential yield of 9.21%. The apartments are arranged two per floor, with open-plan living areas, double bedrooms, and bathrooms, while the commercial unit has its own separate street access and includes storage and utility rooms. The property is held under a single freehold title, with no separate leases, and is available with tenants in situ and no onward chain, providing a straightforward buy-to-let purchase.