November 2021: Wednesday 10 November 2021 - 9:00am
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    Key features

    • Comprising of 9 flats (8 x two Beds and 1 x one Bed) some of the flats are in need of modernisation
    • Potential development site at the rear for 2 detached houses (subject to the requisite consents)     
    • Potential to convert/utilise the loft into additional flats (subject to the requisite consents)·        
    • Partly Let at £52,620 per annum. Some of these are historic and long term rents therefore there is potential to increase the passing income
    • Potential opportunity to operate a short term holiday let business from the flats (subject to the requisite consents)      
    • Located within close proximity of Cheltenham Race Course (Approx. 0.3 miles)

    Description

    Hill court House is a grade 2 listed property comprising of 9 flats over the basement and 3 upper floors accessed through a main communal entrance on the Ground floor.

    Car parking can be located to the front of the property - there is also car parking/hard standing to the rear of the property which currently has a number of garages and small storage sheds - We believe that this area offers further development potential for 2 detached houses (subject to the requisite consents)

    Previous plans have been drawn up for 2 detached houses comprising of 2 x 3 bedroom houses comprising of plot 1 (Approx GIA of 1,340 sq ft) and Plot 2 (Approx GIA 1,211 sq ft)

    Additional information

    Tenure

    Freehold

    Accommodation

    Garden rear

    • Flat 9 - 2 Bed Flat - In need of Modernisation

    Basement

    • Flat 8 - 2 Bed Flat - Recently Modernised

    Ground Floor

    • Flat 1 - 2 Bed Flat - Modernised in last 5 years
    • Flat 2 - 2 Bed Flat - In need of Modernisation

    First Floor

    • Flat 3 - 2 Bed Flat - In Need of Modernisation
    • Flat 4 - 2 Bed Flat - Modernised in last 5 years

    Second Floor

    • Flat 5 - 2 Bed Flat - In need of Modernisation
    • Flat 6 - 2 Bed Flat - In need of Modernisation
    • Flat 7 - 1 Bed Flat - In need of Modernisation

    Rear of the property

    • 9 Garages and 5 storage sheds

    Planning

    Local planning authority

    Cheltenham Borough Council

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been submitted for the demolition of the existing garages and erection of 2 detached houses 19/00827/FUL however was withdrawn.


    Rent

    Total current rent £52,620 per anum

    Notes

    Please note the site areas provided are approximate. The photos and red line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. Prospective purchasers must rely upon their own enquiries in this regard.

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      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The Property is located on Hill Court Road between the junctions of Evesham Road and Albert Road.

      The area is predominately residential with Cheltenham race course located approximately 0.3 miles from the site.

      Cheltenham town centre is located approximately 1.4 miles from the property and offers and extensive range of shops, restaurants and pubs.

      Cheltenham Spa station is located approximately 2.4 miles from the station

      Transport

      National Rail - Cheltenham Spa Station (Great Western Services to London Paddington and Cardiff)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      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.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

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

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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