14 Bedroom Property for sale in Winchcombe Street, Cheltenham

14 Bedroom Property - £2,300,000

Winchcombe Street, Cheltenham

First listed on: 22nd October 2020

Nearest stations: Cheltenham Spa (1.2 mi)Ashchurch for Tewkesbury (6.9 mi)Gloucester (7.6 mi)

Interested in this property? Call See phone number 01242 514285

Further Informations

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Property Features

  • Exciting investment opportunity
  • Nine spacious 1 & 2 bedroom modern apartments
  • Three shops
  • 5.1% yield across the whole development
  • Recent conversion

Property Description

Morgan Associates are delighted to showcase Tebbit House, which is a fantastic and unique four-storey mixed use development, which consists of nine, one- and two-bedroom apartments with three shops on the ground floor ensuring the investment brings both commercial and residential income. It s situated in Cheltenham town centre, within easy reach of local amenities, Pittville Park and the High Street.

The building was originally offices and dates back to the late 1980 s and more recently converted into modern residential apartments and let out.

The apartments are spacious with bright open plan living rooms with lots of natural light. They are well-appointed with modern finishes, white walls, gloss kitchens and chrome finishes making them extremely attractive to tenants. The apartments benefit from a tidy communal entrance lobby that is accessed via a secure entry system through a gated courtyard.

The shops are occupied by a tattoo studio, barber and laundrette.

The rental income from the apartments is just below £90,000 p.a. and the shops bring in £30,000 p.a.
Externally the development benefits from four secure parking spaces.

Tenure: Freehold

ON THE GROUND FLOOR

Laundrette

Barber

Tattoo Studio

Communal Entrance Hallway

ON THE FIRST FLOOR

Apartment 1 - 42 m2

Apartment 2 - 70 m2

Apartment 3 - 115 m2

ON THE SECOND FLOOR

Apartment 4 - 52 m2

Apartment 5 - 78 m2

Apartment 6 - 115 m2

ON THE THIRD FLOOR

Apartment 7 - 79 m2

Apartment 8 - 51 m2

Apartment 9 - 78 m2

OUTSIDE

X4 Allocated Parking Spaces

Morgan Associates are delighted to showcase Tebbit House, which is a fantastic and unique four-storey mixed use development, which consists of nine, one- and two-bedroom apartments with three shops on the ground floor ensuring the investment brings both commercial and residential income. It s situated in Cheltenham town centre, within easy reach of local amenities, Pittville Park and the High Street.

The building was originally offices and dates back to the late 1980 s and more recently converted into modern residential apartments and let out.

The apartments are spacious with bright open plan living rooms with lots of natural light. They are well-appointed with modern finishes, white walls, gloss kitchens and chrome finishes making them extremely attractive to tenants. The apartments benefit from a tidy communal entrance lobby that is accessed via a secure entry system through a gated courtyard.

The shops are occupied by a tattoo studio, barber and laundrette.

The rental income from the apartments is just below £90,000 p.a. and the shops bring in £30,000 p.a.
Externally the development benefits from four secure parking spaces.

Tenure: Freehold

ON THE GROUND FLOOR

Laundrette

Barber

Tattoo Studio

Communal Entrance Hallway

ON THE FIRST FLOOR

Apartment 1 - 42 m2

Apartment 2 - 70 m2

Apartment 3 - 115 m2

ON THE SECOND FLOOR

Apartment 4 - 52 m2

Apartment 5 - 78 m2

Apartment 6 - 115 m2

ON THE THIRD FLOOR

Apartment 7 - 79 m2

Apartment 8 - 51 m2

Apartment 9 - 78 m2

OUTSIDE

X4 Allocated Parking Spaces

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Date History Details
23/10/2020 Property listed at £2,300,000

Disclaimer

Disclaimer Property reference VE_30124958. Details are provided and maintained by Morgan Associates. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Rotunda Buildings,

Montpellier Exchange

Cheltenham

GL50 1SJ

Telephone: See phone number 01242 514285

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Disclaimer

Disclaimer Property reference VE_30124958. Details are provided and maintained by Morgan Associates. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Rotunda Buildings,

Montpellier Exchange

Cheltenham

GL50 1SJ

Telephone: See phone number 01242 514285

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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