Offers over

£140,000

2 bed flat for sale
50 Grosvenor Street, Cheltenham GL52

    • 2 beds

    • 1 bath

  • EPC Rating: D

  • Leasehold

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House Sales Direct

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About this property

  • Projected 8% net Rental Yield

  • Off-Street Parking

  • Close Proximity to Cheltenham Spa Train Station

  • Walking Distance to Cheltenham Town Centre

  • 171 Year Lease

  • Annual Service Charge - £1,200

An excellent opportunity for investors to acquire this well-positioned two-bedroom flat in the popular GL52 area of Cheltenham, offering an attractive approximate 8% net rental yield.

The property provides practical, well-proportioned accommodation comprising a spacious living area, fitted kitchen, two bedrooms and bathroom. Its layout and location make it well suited to the rental market, with strong appeal to professionals, couples and sharers.

For buy-to-let investors looking for a property capable of generating a healthy return, the combination of two-bedroom accommodation, Cheltenham location and an estimated 8% net yield makes this a particularly compelling proposition.

The property is conveniently positioned for access to Cheltenham town centre and a range of local amenities, transport links and employment opportunities.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.

The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.

A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.

For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.

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Property descriptions and related information displayed on this page are marketing materials provided by - House Sales Direct. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact House Sales Direct for full details and further information.