A 4 bed House - End Terrace For Sale in Mitre Street, Cheltenham - £400,000


Property Description

Positioned in St Luke’s, one of the town’s most popular districts, this end-terraced townhouse is let on an assured shorthold tenancy agreement to students until June 2023, generating a gross annual income of £23,163.

Situation:

Mitre Street is a quiet no through road situated in the heart of St Luke’s, within a short walk of Sandford Park, the General Hospital, Bath Road and Cheltenham Town Centre. The town is rich in culture holding many festivals throughout the year, such as, Jazz, Literature and Horse Racing. Independent schools including Cheltenham College, Cheltenham Ladies College and Dean Close can be found nearby.

Full Description:

Located at the end of a charming red brick terrace, towards the bottom of a no through road, the property is presently let to students until June 2023 and generates an annual gross rental income of £23,163, as a fully furnished four-bedroom end terraced townhouse with accommodation arranged over three floors. The lower ground floor provides a spacious living room. The first floor includes two double bedrooms equipped with desks and wardrobes, a kitchen with appliances and access to the courtyard, and a shower room including a walk-in-shower. The first floor includes the principal bathroom with a shower over the bath and two further double bedrooms with a wardrobe and desk for studying.

The property further benefits from a small courtyard, double glazing, residents on street permit parking, and could be easily converted back into a 3 / 4 bedroom family home.

Further Information:

Tenure: Freehold

Services: Mains gas, electricity, and water. Gas central heating.

Local Authority: Cheltenham Borough Council. Tel. 01242 262626

Council Tax Band: C

Location