8 Cambray Place, Cheltenham, Gloucestershire, GL50 1JS
Block of Four Fully Let Apartments
Guide Price
£575,000
BEDROOM6
BATHROOM4
RECEPTION4
Investment opportunity
Four Apartments In An Attractive Regency Building
Located In Cheltenham Town Centre
Two Off Road Parking Spaces
Annual income of approximately around £40,000
Property Info
Map
Floor Plan
EPC
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Description
Presenting a remarkable investment opportunity, this substantial investment block available for sale with a guide price of £575,000, is ideally situated in the highly sought-after Cheltenham town centre. This unique offering comprises four self-contained apartments with two parking spaces.
The property is currently delivers an impressive annual income of approximately £40,000, making it a robust addition to any property portfolio. Each of the four apartments is designed for comfortable living and retains some attractive period features, appealing to a broad tenant base within this vibrant spa town.
In total, the property features six well-proportioned bedrooms and four modern bathrooms, ensuring ample accommodation and facilities across the units. Additionally, there are four reception rooms, providing flexible living or communal spaces within the apartments.
Basement Flat - One bedroom flat with its own Entrance and courtyard garden currently let at £850pcm
Flat 1 - One Bedroom Ground floor flat, currently let at £765pcm
Flat 2 - Two bedroom split level flat currently let at £750pcm
Flat 3 - Two bedroom flat, currently vacant with expected rent of £1000pcm
A significant advantage, particularly for a town centre location, is the inclusion of two dedicated parking spaces. This amenity greatly enhances the appeal and convenience for tenants, contributing to high occupancy rates and rental demand.
Cheltenham itself is renowned for its elegant Regency architecture, world-class festivals, and excellent shopping and dining experiences. Its strong local economy, coupled with its reputation as a desirable place to live, ensures a consistent demand for rental properties. The town also benefits from excellent transport links, including a mainline railway station with direct services to London and other major cities, further enhancing its attractiveness to residents and, consequently, to property investors.
Investors seeking a stable, income-generating asset in a prime UK location should give serious consideration to this Cheltenham property. Its combination of a central location, multiple income streams, and valuable parking facilities positions it as an outstanding acquisition. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional investment.
ADDITIONAL INFORMATION:
EPC Ratings:
Ground Floor Flat : E
Flat 1: D
Flat 2: E
Flat 3: EPC Exempt
Tenure:
We understand subject to legal verification that the properties are freehold.
Listing
We understand the property is Grade 2 listed.
These details are subject to legal verification and must be confirmed by a solicitor.
No information in these sales particulars has been formally verified and prospective purchasers are invited to satisfy themselves that the information is accurate before making a formal offer.
Property Information
Property Type
Commercial Property
Property Style
Residential Development
Parking
Off Road Parking
Garden
Rear
Tenure Type
Freehold
Age Of Property
Victorian
Additional Information
Electricity
Mains Supply
Restrictions
Listed Building
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Property Price
£Deposit
£10%
Lenders may expect more than a 10% deposit
Annual Interest
Repayment Period (Years)
Monthly repayments: £3,337
