A 1 Bedroom Apartment in Princess Elizabeth Way, Cheltenham

£125,000
This property is not currently available. It may be sold or temporarily removed from the market.
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  • 6% rental yield
  • Cheltenham
  • One double bedroom
  • Open plan kitchen / living room
  • Bathroom with shower over the bath
  • Purpose built
  • Good access to Tewkesbury, the M5 Motorway and A40 to Gloucester.
  • Superb amenities located within walking distance
1 Bedrooms
1 Bathrooms
1 Reception rooms
Description
Location

6% Yield. An opportunity to purchase a purpose built one bedroom ground floor apartment, located in a convenient position off Princess Elizabeth Way, with good access to Tewkesbury, the M5 Motorway and A40 to Gloucester.

The apartment was constructed in 2006 and is situated within a development of 60 apartments set around a communal garden, facing inwards. The accommodation is spread over one floor and includes an entrance hallway, double bedroom with freestanding wardrobe, bathroom with a shower over the bath and an open plan kitchen / living room with patio doors to the outside.

Externally the property benefits from allocated off road parking for one car and a communal garden.
As a buy-to-let investment, these one bedroom apartments typically bring in ~£650 per calendar month, generating a yield of ~6%.

Further information:

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

Tenure: Leasehold

Lease duration: 99 years from 1st January 2006 (82 years remaining)

Service charge: £80 per calendar month

Ground rent: N/A

Local authority: Cheltenham Borough Council. Tel. 01242 26 26 26

Council tax band: B