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2 Bedroom Apartment For Sale

St Marks

Key Features

  • leasehold investment opportunity with 6.6 % gross yield
  • two bedroom flat with tenant in situ
  • periodic tenancy for £550 per month
  • two double bedrooms
  • living room with separate kitchen
  • private balconies at front and rear
  • communal garden with storage
  • double glazing and gas central heating
  • no onward chain
  • available to view by prior appointment only from martin & co 01242 220600
  • council tax: a

Property Description

DESCRIPTION Situated close to GCHQ on the western outskirts of Cheltenham, this first floor flat is offered for sale with a long standing tenant in situ currently paying £550 per month for the unfurnished accommodation subject to a periodic tenancy. The accommodation comprises communal entrance and stairs up to a communal landing with front door to :

Entrance hall, living room, separate kitchen, two double bedrooms and bathroom. There are also private balconies to the front and to the rear overlooking a communal lawned garden with an allocated outbuilding for storage.

The property is warmed by gas central heating to radiators and has double glazed windows.


The property is LEASEHOLD
Length of lease: 125 years from 05/04/1982 with lease extension of additional 90 years due for completion in December 2022
Service charge:£576.23 per annum
Ground rent: £10.00 per year
Managing agents: Cheltenham Borough Homes
Council tax band : Band A
Local Authority: Cheltenham Borough Council  
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