3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Prestbury Road, Cheltenham
£475,000

Price History

Initial price £550,000
18/03/25 £525,000
14/06/25 £500,000
06/09/25 £475,000
Price Change -13.64%

Description

This rare investment opportunity presents a freehold building comprising three one-bedroom flats, each with scope for modernization. The property, located in the town center, features private parking and is within easy reach of local amenities. The three flats, including a ground-floor garden flat and two first-floor flats, offer a total of four bedrooms, three bathrooms, and a range of living spaces. The ground-floor flat has a private courtyard garden, while the first-floor flats have a shared rear garden. Each flat has its own kitchen, sitting room, and bedroom, with the option to modernize and increase rental income. The property benefits from two designated parking spaces and is being sold as a single transaction, with no onward chain. The EPC ratings and council tax bands vary for each flat, ranging from Band A to D. This is an excellent opportunity for investors or those looking for a unique property with potential for renovation and rental income.