£995,950
Gloucester Place, Cheltenham
- 12 beds
£995,950
- 12 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
The property currently returns approximately 25% yield at full occupancy at the most popular lower priced end of the market. There is plenty of opportunity to reconfigure the layout and upgrade the fixtures and aim for a higher-end market if desired.
The property is a traditional mid-townhouse with private walled rear garden. All the relevant health and safety measures are in place. The property currently operates a programable, secure magnetic card entry system which also regulates energy usage. There are 12 double rooms with 4 on each floor, ground floor, first and second floors. There are no subterranean rooms. Bathroom facilities are provided on each floor.
The current owner charges 'from' £45
ight on midweek nights to £80
ight at weekends with up to £315
ight during race week and other various special events throughout the year including jazz festival week, music festival week, literature festival week etc.
This property is currently a trading business therefore viewing will be on a 'subject to occupancy' basis.
SUMMARY: Whether you are an established Landlord looking to increase a portfolio or a new investor looking for a first property that is an almost failsafe secure investment, this property will fit the bill. The location is ideal for guests on a weekend break and perfectly priced to attract traveling workers during the week. We highly recommend this ready-to-go thriving turn-key investment.
Cheltenham is known as 'The Jewel in the Crown' of the Cotswolds. There is a 364 day per year tourist industry with various 'peaks' in the market as mentioned above. The short-term rental/holiday let market is a huge industry which shows no sign of diminishing.
All viewings are strictly by appointment only.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worthCheck instantly an estimated value of your homeFind the best
local agentCompare local estate agents based on their performanceGet an Instant
cash offerGet a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.