Block of flats for sale in Cheltenham GL51, 12 Bedroom

Cheltenham, Cheltenham, UK

Quick Summary

Property Type:
Block of flats
Status:
For sale
Price
£ 1,350,000
Beds:
12
Baths:
12
County
Gloucestershire
Town
Cheltenham
Outcode
GL51
Location
Whitehart Street, Cheltenham GL51
Marketed By:
Leaders - Cheltenham Sales
Posted
2018-09-16
GL51 Rating:





More Info?
Please contact Leaders - Cheltenham Sales on 01242 393933 or Request Details

Property Description

Freehold Investment Opportunity

12 x Micro Apartments in Cheltenham. Available to purchase for £1,350,000 against a market value if sold individually of £1,600,000 (over 15% discount)

Situated on the outskirts of Cheltenham Town Centre, on a no-through road, Whitehart House is an ideal residential buy-to-let investment comprising 12 completely refurbished one bedroom apartments offered for sale as a single purchase with over 15% discount off of the market value for the 12 units should they be sold separately as leasehold. The development has been appraised for lettings and has projected rental income of £91,980 per annum giving an impressive yield of 6.8%

The development boasts a communal laundry room, communal courtyard garden, allocated parking for 9 apartments and a secure bike store. Each of the apartments have been finished to a high standard with modern kitchens featuring integrated appliances, double bedrooms and stylish shower rooms, all smartly decorated throughout and perfect for the target rental market of young professionals.

A viewing is highly recommended, but for any investors looking from further afield a 360 degree virtual tour of one of the units is available on request. For more details on this fantastic investment opportunity call the Leaders team on .

Property Location

Marketed by Leaders - Cheltenham Sales


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