4 Bed Block Of Apartments House For Sale Ambrose Street, Cheltenham, GL50

This exciting investment opportunity is located on St Georges Square overlooking the Cheltenham Spa Bowling Club providing four, one-bedroom apartments conveniently located within the town centre and offered for sale with no onward chain.\r
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The well-maintained and stylish block has a potential income of £43,200 annually if the apartments are let individually on AST's. \r
The block could also be used as Airbnb's with a potential monthly income of £2,255 per month per apartment based on a 70% occupancy. Please note a local serviced apartment agent has estimated figures for this.\r
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The four apartments have a communal entrance, with one apartment per floor offering an open plan kitchen-living-dining room with fitted kitchens, a double bedroom, and a shower room comprising a double shower, low-level WC and a vanity unit with an inset basin.\r
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Outside is an enclosed good sized rear garden accessed via a communal door. Laid to lawn with a small patio area. \r
There are also two off road parking spaces opposite the front of the building.\r
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Please note that the apartments are on one freehold title.\r
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Tenure-Freehold \r
Council Tax - Due to the properties current use as a business, in the form of serviced apartments, they are not currently banded for residential use. \r
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All information regarding the property details, including a position on Freehold, will be confirmed between vendor and purchaser solicitors.\r
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For further information, please contact the selling agent, Cook Residential .