Studio

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Studio

Tom Price Close, Cheltenham GL52
£70,000

Price History

Initial price £75,000
04/12/25 £70,000
Price Change -6.67%

Description

This fantastic investment opportunity is a chain-free studio apartment located in the desirable Fairview area of Cheltenham, within walking distance to the town centre and offering on-street permit parking. The property, available to cash buyers only, requires modernisation throughout but has potential to add value and achieve a rental income of circa £725 per month. The apartment features electric heating, double glazing, and communal grounds, with a lease of 76 years remaining and annual ground rent and service charge of £20 and £325 respectively. The property has a good-sized open-plan living/bedroom, a kitchen that requires updating, and a bathroom that has potential to be refurbished. With a D EPC rating, this property offers a great opportunity for a savvy investor to purchase a solid investment at a competitive price.