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Old Bath Road, Cheltenham, Gloucestershire, GL53

PROPERTY TYPE

Semi-Detached

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Prime Location
  • Period Building
  • Six Flats
  • High Rental Income
  • Strong Rental Yield
  • Consistent Demand
  • Investment Potential

Description

An exceptional investment opportunity awaits at 7 Old Bath Road, Cheltenham. This period building comprises six flats, offering a fantastic blend of one-bedroom properties and studios and a communal garden, ensuring a consistent rental income. Currently generating an impressive £40,560 annually, this property presents a lucrative opportunity for investors seeking a reliable return.

The individual rental figures demonstrate the property's appeal: Flats 1, 4, and 5 command £665 per month, while Flats 2 and 3 attract £375. Flat 6, slightly larger than the studios, is rented for £635. The prime location in Cheltenham, coupled with the well-maintained building and desirable layout, guarantees strong tenant demand, ensuring a secure investment for years to come.

With a rental yield of 5.38%, this property offers an attractive return on investment, making it an ideal addition to any investor's portfolio.

The basement flat has a sitting tenant in place.

Varying Council Tax Levels Throughout The Property.

Freehold Sale

Location:
Old Bath Road is situated in the heart of Cheltenham, a vibrant town renowned for its Regency architecture, cultural attractions, and excellent amenities. The property is conveniently located within walking distance of the town centre, offering easy access to a wide range of shops, restaurants, cafes, and entertainment venues. Cheltenham is also well-connected to major cities, with excellent transport links including train and bus stations. The property's prime location ensures strong tenant demand and a desirable lifestyle.

Brochures

Web Details
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: TBC
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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Old Bath Road, Cheltenham, Gloucestershire, GL53

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station1.5 miles
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About Winkworth, Cheltenham

79 Promenade, Cheltenham, GL50 1PJ

Winkworth was established in 1835 and, in 1981, became the UK's first franchised estate agency operation. Now, with a network of nearing 100 offices and, as an active supporter of industry regulation, Winkworth is a familiar and trusted feature of the estate agency landscape. Along with an extensive London presence, Winkworth has offices spanning the UK and an increasing international presence.

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Disclaimer - Property reference CHL240088. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Winkworth, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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