Land for sale in Pennine Road, Prestbury, Cheltenham GL52
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
An exciting opportunity to purchase a development site with full planning consent for 9 x apartments with parking.
Description
Planning has been granted (21/02594/ful) for the redevelopment of this brownfield site measuring 0.2166acres into 9 apartments, all of which benefit from parking. There are also three visitors parking spaces. The scheme would represent an excellent purchase for those looking to purchase a build to rent opportunity especially.
Flat 1 (1B2P) - 42sqm. - £160,000 / £750pcm
Flat 2 (2B3P) – 63sqm - £200,000 / £900pcm
Flat 3 (2B3P) – 63sqm - £200,000 / £900pcm
Flat 4 (2B4P) – 61sqm. - £195,000 / £950pcm
Flat 5 (2B3P) – 63sqm - £220,000 / £900pcm
Flat 6 (2B3P) – 63sqm - £220,000 / £900pcm
Flat 7 (1B2P) – 51sqm. - £175,000 / £800pcm
Flat 8 (2B4P) – 70sqm. - £245,000 / £1,000pcm
Flat 9 (2B4P) – 70sqm. - £245,000 / £1,000pcm
Gdv - £1,860,000
Total Monthly Rent - £8,100
Location
Pennine Road is located within a short walk of Prestbury Village which offers a good range of local shops and amenities, three public houses, proactive parish church and a local school in addition to beautiful walking country. In addition, Sainsbury's Oakley is nearby. Cheltenham town centre offers a wider choice of amenities in addition to a number of boutiques, restaurants and wine bars which may be found in Montpellier.
General Information
Planning Reference - 21/02594/ful
cil Payable - £49,761.64
Gdv - £1,885,000
Proposed Annual Rent - £83,400
Parking for the proposed is accessible via Pennine Road and Prescott Walk.
Property info
For more information about this property, please contact
Charles Lear, GL50 on +44 1242 354033 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Charles Lear, and do not constitute property particulars. Please contact Charles Lear for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.