Home > Auctions > 23 & 24 July 2024 23 July 2024 - 9:30am > Lot 198

23 & 24 July 2024: Tuesday 23 July 2024 - 9:30am
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    Key features

    • To be offered on Wednesday 24 July
    • Building comprises 9 apartments recently refurbished to a high specification
    • 9 x Garages and 5 x Storage Sheds available to the rear of the property
    • Plot size extends to 0.48 acres approximately
    • Asset management potential to let out flats in current condition
    • Break up potential to sell the units off separately
    • Planning potential for two detached dwellings to the rear of the property (subject to requisite consents)
    • Floor area is approximately 790 sqm (8503.49 sq. ft.)

    Description

    Each apartment has its own unique layout and the building comprises apartments with layouts between 2 and 3 bedrooms. Only three of the flats are rented with AST's in place. To the rear of the property is a generous amount of parking and garaging. There is also enough room for two substantial properties to be built subject to obtaining the necessary planning consents.

    Additional information

    Tenure

    Freehold

    Tenancy

    Only three of the current flats are rented with AST's in place.

    Planning

    A previous planning application has been submitted for the demolition of the existing garages and erection of 2 detached houses 19/00827/FUL however was withdrawn.

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        Local information

        Hillcourt Road is a stunning location in the leafy residential district of Pittville which lies to the north of Cheltenham town centre. This district of Pittville is highly regarded and boasts many individual homes, beautiful period terraces and Victorian villas. It lies opposite Pittville Park, the largest ornamental park in Cheltenham that features the Pump Rooms and lakes with walkways and bridges. Cheltenham itself is a Regency Spa town renowned for its fine architecture, famous gardens, an eclectic mix of shops, restaurants and boutiques. Cheltenham has excellent schooling with Cheltenham Ladies' College, Cheltenham College and Dean Close to name just a few. The town is also famous for its festivals to include literature, food, jazz and science, not to mention the Gold Cup hosted at Cheltenham Racecourse. Access to London Paddington from Cheltenham train station is just over 2 miles away whilst access to the M5 motorway network is just 4 miles away.

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        EPC rating

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        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

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        Please note that all prices listed, whether prior to or post auction, are subject to contract.

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