Land for sale
Pennine Road, Cheltenham
house
bedrooms
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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.
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.
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First listed
Over a month agoPennine Road, Cheltenham
Marketed by
Charles Lear & Co - Cheltenham 103 Promenade Cheltenham, Gloucestershire GL50 1NWPlacebuzz mortgage repayment calculator
Monthly repayment
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Pennine Road, Cheltenham - Streetview
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