Summary - Albion Street, Cheltenham, GL52 2RW GL52 2RW
7 bed 5 bath Block of Apartments
**Standout Features:**
- Freehold investment opportunity
- Georgian Grade II Listed Town House
- Five fully self-contained, recently refurbished flats
- Strong rental income potential: £69,900 annually, 7.8% yield
- Two private gardens
- Attractive town centre location
**Concerns:**
- Grade II Listing may pose renovation challenges
- Crime rate in the area is high
- Above-average council tax
This stunning Georgian Grade II Listed town house offers a lucrative freehold investment opportunity with a total of five fully refurbished self-contained flats, generating an impressive annual income. Located in a vibrant cosmopolitan neighbourhood, these flats consist of three one-bedroom and two two-bedroom units, each combining modern aesthetics with charming period features. With the property recently restored, including new kitchens and bathrooms, your tenants will enjoy contemporary living spaces complemented by high ceilings and elegant sash windows.
The entire building boasts separate communal areas, and the exterior presents a well-maintained façade befitting its historic status. Additionally, you will benefit from two private gardens, perfect for outdoor relaxation. The property stands ready to capitalize on Cheltenham's rental market, ideal for investors seeking a stable income stream.
However, potential buyers should note the property’s Grade II listing, which may complicate future renovations, and the higher-than-average surrounding crime rates. It's a unique opportunity not to be missed—act quickly to secure this exclusive offering!
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