I like the look of this 2 bed terraced property in Cavendish Park, Cheltenham. It is on the market with Peter Ball & Co at £135k. We recently let a similar property in Cavendish Park and this one should a achieve a monthly rental of £625 or even £650 at a push. Base your figures on £625 and that's a 5.5% Yield
Peter Ball say - Draft particulars (awaiting vendor approval). Situated in a cul-de-sac is this modern two bedroom mid terrace home, benefiting from two off road parking spaces. The accommodation comprises an entrance hall with archway to the kitchen and door to the living room. The kitchen includes a range of wall and base level units, stainless steel sink/drainer unit and space for domestic appliances. The living room measures 16'9 x 11'10 and has sliding patio doors to the rear and stairs leading to the first floor. Bedroom one is a double with a built-in double wardrobe, whilst bedroom two is a well proportioned single. The shower room comprises a shower cubicle, pedestal wash basin, W.C and tiled surrounds. To the rear is a low maintenance panel fence enclosed garden. To the front is one off road parking space and just along from the house is a communal car park with one allocated parking space. The property further benefits from gas central heating and double glazing.
I say that this is a good, popular area and 2 bed houses here are in demand. Take a look at Peter Ball's website and arrange a viewing. If you would like any advise regarding this property or any others, then please contact me on neil.west@belvoirlettings.com
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