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£850,000

Cambray, Cheltenham, GL50

  • 4 beds
Flat

£850,000

  • 4 beds
Flat
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Estimate monthly mortgage payment:

£3,880 per month

Minimum deposit amount:

£42,500
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A most attractive period property situated in the centre of Cheltenham town.  Currently arranged as two storey spacious living accommodation featuring a large living room/dining room, large kitchen/breakfast room, large bathroom (with shower cubicle and bath), a cloakroom (wc) and FOUR BEDROOMS (three of which are doubles) with an exclusive entertainment/bar below (open only on selected occasions currently).

Scope for conversion to a full residential property or for expansion of the entertainment sector perhaps.

The ground floor bar/entertainment area is very well fitted with amazing bar area and seating, visitors cloakrooms and offers so much scope for a new venture – it could be a delightful restaurant, coffee shop or even kept as a bar! You could even incorporate the other floors to make a large restaurant, club etc.

The flat above has the potential for a 5/6 way let giving an income in the region of £6,500 per month (£78,000 per annum) with the bar giving income in the region of £3,000 per month (£36,000 per annum)

Council Tax:       We are informed by Cheltenham Borough Council that the property is in Band ‘A ’

Services:              We are informed by the seller(s) that there is mains water, gas, electricity and drainage currently connected (to be confirmed).

Tenure:               Freehold

Viewing:              By appointment with the Sole Agents

All information subject to legal confirmation

Important Notice:  SureLet Cheltenham Ltd have not tested any apparatus/installations/ services and cannot vouch for their condition.  We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

Money laundering regulations:                To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

SureLet Cheltenham Ltd may offer to assist in arranging insurance or other products/services and/or mortgages and may be entitled to receive commission in respect of any services provided. It is your decision whether you choose to deal with a company or service we recommend to you. In making that decision, you should know that we may receive referral fees worth between £200 and £1500 per annum.

 

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£30,000
Mortgage and legal costs:
£999
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Property details

£850,000

4 bed flat for sale

Cambray, Cheltenham, GL50

A most attractive period property situated in the centre of Cheltenham town.  Currently arranged as two storey spacious living accommodation featuring a large living room/dining room, large kitchen/breakfast room, large bathroom (with shower cubicle and bath), a cloakroom (wc) and FOUR BEDROOMS (three of which are doubles) with an exclusive entertainment/bar below (open only on selected occasions currently).

Scope for conversion to a full residential property or for expansion of the entertainment sector perhaps.

The ground floor bar/entertainment area is very well fitted with amazing bar area and seating, visitors cloakrooms and offers so much scope for a new venture – it could be a delightful restaurant, coffee shop or even kept as a bar! You could even incorporate the other floors to make a large restaurant, club etc.

The flat above has the potential for a 5/6 way let giving an income in the region of £6,500 per month (£78,000 per annum) with the bar giving income in the region of £3,000 per month (£36,000 per annum)

Council Tax:       We are informed by Cheltenham Borough Council that the property is in Band ‘A ’

Services:              We are informed by the seller(s) that there is mains water, gas, electricity and drainage currently connected (to be confirmed).

Tenure:               Freehold

Viewing:              By appointment with the Sole Agents

All information subject to legal confirmation

Important Notice:  SureLet Cheltenham Ltd have not tested any apparatus/installations/ services and cannot vouch for their condition.  We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

Money laundering regulations:                To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

SureLet Cheltenham Ltd may offer to assist in arranging insurance or other products/services and/or mortgages and may be entitled to receive commission in respect of any services provided. It is your decision whether you choose to deal with a company or service we recommend to you. In making that decision, you should know that we may receive referral fees worth between £200 and £1500 per annum.