5 bed Flat For Sale £695,000
St. Georges Street, Cheltenham, GL50 4DE

For Sale by under the hammer online auction 13th - 15th February 2024. Guide Price £695,000. A VACANT FREEHOLD BLOCK OF FIVE APARTMENTS ARRANGED AS TWO DETACHED BLOCKS. 

Viewings available upon request.

An incredible opportunity to acquire 2 Freehold blocks consisting of 5 one bedroom apartments. The property is arranged as two detached buildings in the centre of Cheltnam being one of the most central residential developments in the Town. 

Building One: A two storey block with 2 X 1 Bedroom Apartments.

Building Two: A three storey block With 3 X 1 Bedroom Apartments.

The property will be provided completely vacant as these properties are currently used as an AirBnb residence and are let on a daily basis. 

All of the apartments are refurbished to a high standard throughout and are individually metred, making it an ideal purchase for an investor looking to run a similar highly profitable Airbnb business or to let out as individual units on AST agreements.   

The property is accessed via a car park which is located in the centre of Cheltnam making this one of the most conveniently accessed residential buildings in the area. 

Town Center: The heart of Cheltenham, the town center boasts an array of high-end shops, cultural venues, and historic landmarks. Revel in the vibrant atmosphere of the Promenade, where fashionable boutiques and fine dining establishments line the streets.

Transportation Hubs: The town is well-connected by road and rail. The M5 motorway provides easy access to Cheltenham, and the railway station offers convenient connections to major cities. This strategic location enhances the towns accessibility and contributes to its appeal for both residents and businesses.

Council Tax: Band A (per individual apartment) 

EPC: Pending new EPCs

BIDDING

For bidding please visit: underthehammer. com

*START PRICES & RESERVE PRICE

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

EPC

EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.

UNCONDITIONAL AUCTION DETAILS

Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.

Completion will be 8 weeks. (56 days)

Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.

FULL TERMS & LEGAL DOCUMENTATION