Freehold Investment Opportunity – 12 x Micro Apartments in Cheltenham - £1,350,000 against a market value if sold individually of £1,600,000 (over 15% discount).
Situated on the outskirts of Cheltenham Town Centre, on a no-through road, Whitehart House is an ideal residential buy-to-let investment comprising 12 completely refurbished one bedroom apartments offered for sale as a single purchase with over 15% discount off of the market value for the 12 units should they be sold separately as leasehold. The development has been appraised for lettings and has projected rental income of £91,980 per annum giving an impressive yield of 6.8%
The development boasts a communal laundry room, communal courtyard garden, allocated parking for 9 apartments and a secure bike store. Each of the apartments have been finished to a high standard with modern kitchens featuring integrated appliances, double bedrooms and stylish shower rooms, all smartly decorated throughout and perfect for the target rental market of young professionals.
A viewing is highly recommended, but for any investors looking from further afield a 360 degree virtual tour of ono of the units is available on request. For more details on this fantastic investment opportunity call the Leaders team on 01242 210 700.
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