Investors only - 5.6% yield! Morgan Associates are delighted to showcase this one bedroom, first floor, purpose built apartment, situated within a quiet development in Cheltenham Town Centre. The property is to be sold with a tenant in situ.
Set within walking distance of local supermarkets, Cheltenham Spa Station, the town centre and the Honeybourne line cycle path, this apartment is a hugely popular unfurnished rental.
The apartment briefly comprises 'L-shaped' entrance hall with hallway cupboard, double bedroom, bright sitting / dining room with dual aspect and access to the kitchen, 'u-shaped' kitchen with a range of units and appliances, and a modern bathroom with a shower over the bath.
The property further benefits from gas central heating, double glazing and off-road parking.
Services: Mains gas, electricity, water and sewage.
Tenure: Leasehold
Lease Length: 224 years from 1 January 1992.
Service charge: £70 per calendar month.
Ground rent: Not applicable.
Council tax band: A