Offers over
£1,000,000
4 bed property for saleGrosvenor Street, Cheltenham, Gloucestershire GL52
4 beds
4 baths
4 receptions
EPC Rating: D
Savills - Cheltenham
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About this property
Conveniently located in the heart of Cheltenham.
Offered to the market as a going-concern and without an onward chain.
Four very well-appointed apartments: Comprising sitting room, kitchen, shower room and bedroom.
Four car parking spaces to the rear of the building.
Strong yearly return with impressive yield/s status: Please speak with agent for further detail.
Grade II Listed: Affording an array of period-style attributes, together with natural charm, character and warmth.
EPC Rating = D
An impressive collection of high-end apartments located in the very heart of Cheltenham.
Description
Centrally located, The Residence is a Regency style townhouse comprising of four self-contained apartments. Having undergone an impressive conversion/renovation by the current ownership group, the accommodation is split over four floors, with all four apartments attracting a professional class of renters and/or visitors to the town. Each apartment is fully furnished to a high standard and fully operational on a turnkey short-let basis.
In excellent order, they consist of a light and airy sitting room/area, a fitted kitchen, a double bedroom and a well-appointed shower room. In addition to a courtyard garden (servicing one apartment) there are four car parking spaces to the rear of the building.
Agent's note:
Please speak with Phil Bates in relation to the yearly income and yield/s generated, together with full breakdown of service charge.
Location
The Residence is located in the heart of Cheltenham town in a superb setting with excellent access to the town centre, The Bath Road and Montpellier, yet beautifully tucked away on a quiet side street.
Cheltenham is famed as one of the most complete Regency towns in England and historically the original and most fashionable spa.
Less than a hundred miles from London it nestles beautifully between the Cotswold Hills and the Wye Valley, and is home to numerous prestigious schools including Cheltenham College, Cheltenham Ladies College, Dean Close and Pates Grammar.
Now a highly sought after place to live the town is well known for its grand houses set amongst formal avenues and beautiful garden squares.
For those with a taste for the finer things in life, there are Michelin starred restaurants, numerous bars, stylish shops and salons aplenty. For art and history lovers there is The Wilson, Cheltenham’s newly refurbished museum and art gallery, whilst Cheltenham also has a thriving cultural scene that includes two concert halls and three theatres. There are the numerous festivals such as The Wychwood Festival, the festivals of literature, science, food and drink and, perhaps the pinnacle for some, the jazz festival, which has historically attracted such known performers as Van Morrison, Jamie Cullum and Jools Holland.
Additional Info
Services connected: Mains electricity (heating), mains water, mains drainage.
Local Authority: Cheltenham Borough Council.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review