975 years remaining on lease, long-term ownership certainty
Set near the edge of Cheltenham, this compact first-floor flat offers a straightforward buy-to-let opportunity with one allocated parking space and communal gardens. The apartment has two bedrooms with built-in wardrobes, a modern fitted kitchen and a practical living/dining area — a ready-made rental layout that appeals to young professionals or sharers.
The lease is exceptionally long (975 years remaining) and running costs are clear: an annual service charge of £853 and ground rent of £80. The property uses electric storage heating and double glazing; these are low-maintenance but can mean higher utility bills for tenants compared with gas-heated homes. Council tax is relatively low, which helps affordability for renters.
This location can deliver good rental returns — the listing cites strong yield potential — but investors should weigh local context. The area is classified as deprived with a higher recorded crime rate, which may affect tenant demand and achievable rents. The apartment is small (approximately 532 sq ft) and best suited to single professionals, couples, or as part of a diversified rental portfolio.
In short: a long-lease, low-management flat with parking and communal grounds in a well-connected Cheltenham suburb. It offers clear rental potential but comes with area-related letting considerations and electric heating to factor into operating costs.
