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4 Bedroom Block of Flats For Sale

Gloucester Road, Cheltenham, GL51 8NE

Property Features

INVESTMENT BUY
TWO, TWO BEDROOM FLATS
POTENTIAL STUDIO/STORAGE UNIT/WORKSHOP
VERY GOOD CONDITION
POTENTIAL MONTHLY INCOLME OF £2900
FREEHOLD
INVESTMENT BUY

Property Description

IDEAL INVESTMENT BUY – Opportunity to purchase this Freehold Property divided into TWO SELF CONTAINED, TWO BEDROOM APARTMENTS.

Ground floor offers living/dining/kitchen, bathroom, second bedroom and main bedroom with access into a garden area.

The first floor apartment offers kitchen, living/dining room, bathroom and two double bedrooms.

Another bonus of this property is at the rear the garage has been converted into a space which could be used as a storage unit, home office, workshop, beauty room or similar, currently it is fenced from the ground floor flat’s garden but could be incorporated into this area to be used by the occupant – adding extra value. Potentially this unit could become an independent residential unit subject to planning – It offers a large studio room, kitchen and bathroom.

Potential income

Flat A – £1,200 pcm
Flat B – £1,200 pcm
Rear Unit – dependent on use but could be in the region of £500 pcm