12 bedroom terraced house for sale
Key information
Property description & features
- Twelve Bedroom Short-Term Rental Opportunity
- Three Story Town House
- Currently Running as a Lucrative Business
- Town Centre Location
- 25%+ Yield Potential
- All Rooms Have Short-Term Rental Facilities
- Magnetic Programmable Card Entry System
- Well Known Venue With Repeat Customers
- Tenure: FREEHOLD
- EPC Rating D | Council Tax Band B
The property currently returns approximately 25% yield at full occupancy at the most popular lower priced end of the market. There is plenty of opportunity to reconfigure the layout and upgrade the fixtures and aim for a higher-end market if desired.
The property is a traditional mid-townhouse with private walled rear garden. All the relevant health and safety measures are in place. The property currently operates a programable, secure magnetic card entry system which also regulates energy usage. There are 12 double rooms with 4 on each floor, ground floor, first and second floors. There are no subterranean rooms. Bathroom facilities are provided on each floor.
The current owner charges 'from' £45
ight on midweek nights to £80
ight at weekends with up to £315
ight during race week and other various special events throughout the year including jazz festival week, music festival week, literature festival week etc.
This property is currently a trading business therefore viewing will be on a 'subject to occupancy' basis.
SUMMARY: Whether you are an established Landlord looking to increase a portfolio or a new investor looking for a first property that is an almost failsafe secure investment, this property will fit the bill. The location is ideal for guests on a weekend break and perfectly priced to attract traveling workers during the week. We highly recommend this ready-to-go thriving turn-key investment.
Cheltenham is known as 'The Jewel in the Crown' of the Cotswolds. There is a 364 day per year tourist industry with various 'peaks' in the market as mentioned above. The short-term rental/holiday let market is a huge industry which shows no sign of diminishing.
All viewings are strictly by appointment only.
Bedroom One - 3.55 x 3.42 (11'7" x 11'2") -
Bedroom Two - 3.76 x 3.65 (12'4" x 11'11") -
Bedroom Three - 3.74 x 2.72 (12'3" x 8'11") -
Bedroom Four - 3.94 x 3.54 (12'11" x 11'7") -
Bedroom Five - 3.72 x 3.52 (12'2" x 11'6") -
Bedroom Six - 3.56 x 2.85 (11'8" x 9'4") -
Bedroom Seven - 2.92 x 2.81 (9'6" x 9'2") -
Bedroom Eight - 3.94 x 3.45 (12'11" x 11'3") -
Bedroom Nine - 3.72 x 3.52 (12'2" x 11'6") -
Bedroom Ten - 3.56 x 2.85 (11'8" x 9'4") -
Bedroom Eleven - 2.92 x 2.81 (9'6" x 9'2") -
Bedroom Twelve - 3.94 x 3.45 (12'11" x 11'3") -
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Property reference 32963207. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters - Cheltenham.
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Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 21, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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