£175,000
1 bed flat for salePrince Regent Mews, Town Centre, Cheltenham GL52
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
Elliot Oliver Sales
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About this property
Town Centre Location
Investors only
Spacious Open-Plan Living Area
First-Floor Apartment
Utility Cupboard
Secure Entry System
Modern Bathroom
Gas Central Heating
Investment Purchase Only — Currently generating a rental income of £1,000 per calendar month, offering an impressive 6.9% yield. Situated in the vibrant heart of Cheltenham’s town centre, this well-presented first-floor apartment presents an excellent opportunity for investors seeking a property with strong rental demand and revenue potential.
The property features a welcoming entrance hall with a practical utility cupboard housing a washing machine and tumble dryer. The spacious open-plan living area flows seamlessly into a modern, fully equipped kitchen, featuring an oven, hob, fridge/freezer, and dishwasher — perfect for tenants’ convenience.
The double bedroom benefits from built-in wardrobes, providing ample storage space, while the bathroom includes a shower over the bath for added comfort.
Additional advantages include gas central heating and double glazing, ensuring efficient warmth and noise reduction.
Key details:
Leasehold with 115 years remaining
Annual ground rent: £150
Service charge: £1,946 per year
Council tax band: B
This property offers a strong investment opportunity in a sought-after central location with consistent rental demand.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review