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Southerby Drive, Cheltenham

£160,000

Southerby Drive, Cheltenham

£160,000
  • Ref: prop-170
  • Type: Flat
  • Availability: Sold STC
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold
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Property Features

  • 2 Bedroom Apartment
  • Top Floor
  • Tenanted
  • Great Investment
  • Sought After Location

Property Summary

2 BEDROOM TOP FLOOR FLAT WITH LARGE LOUNGE AND SEPARATE KITCHEN LOCATED IN A HUGELY POPULAR AREA CLOSE TO GCHQ, M5, AND TRUNK ROADS IN AND OUT OF CHELTENHAM TOWN CENTRE.

Located in the prime residential area just off Sotherby Drive on the Eastern side of Cheltenham is this tenanted 2 bedroom property perfect for an investor. The area is a highly popular rental area due to its proximity to GCHQ as well as being ideally located for commuting in and out of the Cheltenham area. The M5 motorway is a short drive away and there are multiple bus routes that service all areas in Cheltenham.

The property opens to a comfy hallway providing some storage and access to all parts of the property. The first door on the right takes you to the light and airy master bedroom with the second door opening to a large single bedroom currently used as an occasional bedroom but could easily be used as a home office. On the left in the hallway is a storage cupboard adjacent to the family bathroom complete with shower over bath, WC and hand basin.

Last but by no means least, the final door at the end of the hallway takes you through to the dual aspect corner lounge with internal access to the kitchen.

The property has been rented at £550pcm for some time but with the rental market going from strength to strength the possibility of a substantial rent increase at the end of the tenant's fixed term (in June 2022) is highly likely.