4 bed property for sale

New Street, Cheltenham GL50

We are delighted to bring to market this freehold block of four one-bedroom apartments with tenants in situ, providing an immediate income stream for investors. Current rent roll of £2665.00pcm with professional tenants in place.

Conveniently located close to the town centre, this chain-free property offers excellent accessibility and is set back from a quiet no-through road, ensuring privacy and minimal traffic.

The block is spread over two floors, with each apartment being fully self-contained. One of the ground-floor apartments benefits from its own private entrance and courtyard garden The layout consists of two apartments on the ground floor and two on the first floor, with a communal hallway and staircase providing access to the upper level.

For further information and to discuss potential rental values, please do not hesitate to contact us.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.