2 bedroom flat for sale

Welcome to St Margaret Terrace, nestled in a prime location in Cheltenham and a stone's throw away from Cheltenham Racecourse, this property offers a blend of modern luxury and classic Italian style, making it an ideal holiday let investment.

This beautiful holiday home currently runs at a 68% occupancy rate with a nightly average rate of £150 per night. This generates circa £37,000 a year in income.

However this could also be sold to a purchaser wishing to move in and embrace city life.

Step into a bright and airy living area, where high ceilings and tasteful décor create a welcoming atmosphere. The open-plan design seamlessly connects the living room to the kitchen, allowing for effortless entertaining and relaxation. Large windows flood the space with natural light, enhancing the serene ambiance, with a stunning feature fireplace.

Two double bedrooms are havens of tranquility, each thoughtfully furnished with plush bedding and ample storage space. Tall ceilings add to the sense of spaciousness.

Indulge in the luxury of two beautifully appointed bathrooms. The family bathroom features an exquisite Italian-style bathtub, ideal for unwinding with a long soak. The ensuite shower room offers modern fixtures and a refreshing shower experience, catering to your every need.

The heart of the home, the modern black fully integrated kitchen, is a chef's dream. Equipped with top-of-the-line appliances and plenty of counter space, it's perfect for preparing delicious meals. Whether you're a culinary enthusiast or simply enjoy a good cup of coffee, this kitchen is sure to impress.

Occupancy Rate 68% - 2024

Rental Income Annually: £15k plus since January 24

Yield 2023 - 9%

Yield 2024 - 7% to date (August 2024)

Tenure - Leasehold

Management company - St Margaret (Cheltenham) Limited

Term - 250 Years from 1st January 2020

EPC - C

Council Tax Band - A