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Old Bath Road, Cheltenham, Gloucestershire, GL53

6 bedroom in Cheltenham

£750,000 Freehold

  • Bedrooms 6
  • Bathrooms 6
  • Reception rooms 6
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

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

KEY INFORMATION

  • Tenure: Freehold

Description

This period building comprises six flats, generating a substantial annual rental income of £40,560. With a rental yield of 5.38%, this property presents a lucrative return for investors seeking a reliable income stream. The prime location, well-maintained building, and desirable layout ensure strong tenant demand, making it a secure and profitable investment.

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.

Marketed by

Winkworth Cheltenham

Properties for sale in Cheltenham

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Meet the Team

At Winkworth Cheltenham Estate Agents, we recognise how important finding the right home is. That is why we make sure our local knowledge, expertise and understanding of the market, as well as of our client's needs, is unrivalled. So, whether you are buying, selling, renting or letting, in the town or the country, our friendly, dedicated and professional team are always on hand to help. Please come and talk to us about your property requirements, and get to know the team from the Winkworth Estate Agents in Cheltenham.

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