4 St. Margarets Road, Cheltenham, Gloucestershire, GL50
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Stunning Holiday Let Opportunity
- Are you looking to double your traditional rental income?
- Walking distance to Town
- High Yield Investment
- Average £150 per night booking rate
Description
Welcome to St Margaret Terrace, nestled in a prime location in Cheltenham and a stone's throw away from Cheltenham Racecourse, this property offers a blend of modern luxury and classic Italian style, making it an ideal holiday let investment.
This beautiful holiday home currently runs at a 68% occupancy rate with a nightly average rate of £150 per night. This generates circa £37,000 a year in income.
However this could also be sold to a purchaser wishing to move in and embrace city life.
Step into a bright and airy living area, where high ceilings and tasteful décor create a welcoming atmosphere. The open-plan design seamlessly connects the living room to the kitchen, allowing for effortless entertaining and relaxation. Large windows flood the space with natural light, enhancing the serene ambiance, with a stunning feature fireplace.
Two double bedrooms are havens of tranquillity, each thoughtfully furnished with plush bedding and ample storage space. Tall ceilings add to the sense of spaciousness.
Indulge in the luxury of two beautifully appointed bathrooms. The family bathroom features an exquisite Italian-style bathtub, ideal for unwinding with a long soak. The ensuite shower room offers modern fixtures and a refreshing shower experience, catering to your every need.
The heart of the home, the modern black fully integrated kitchen, is a chef's dream. Equipped with top-of-the-line appliances and plenty of counter space, it's perfect for preparing delicious meals. Whether you're a culinary enthusiast or simply enjoy a good cup of coffee, this kitchen is sure to impress.
Occupancy Rate
68% Jan 24 June 24
Rental Income Annually
£15k plus since January 24
Yield
2023 9%
2024 7% to date (August 2024)
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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4 St. Margarets Road, Cheltenham, Gloucestershire, GL50
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station1.2 miles
Notes
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