Peacock Close, Cheltenham GL51

Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Move Estate Agents & Lettings - Cheltenham Phone: 01242 393991

<p><strong>INVESTMENT OPPORTUNITY – TENANTS IN SITU – £14,400 ANNUAL RENTAL INCOME – 5.76% GROSS YIELD</strong></p><p><strong>Move are pleased to offer this well-presented two-bedroom house to the market as an investment opportunity, sold with tenants in situ and currently generating a rental income of £1,200 per calendar month / £14,400 per annum.</strong></p><p><strong>Offered at £250,000, the property provides investors with an immediate income from completion and a gross rental yield of approximately 5.76%, without the need to source a new tenant.</strong></p><p><strong>The accommodation itself is well presented throughout and benefits from a single garage, south-facing rear garden and gas central heating, while being situated within a quiet cul-de-sac location.</strong></p><p><strong>The ground floor comprises an entrance hallway with the kitchen positioned to the front of the property. To the rear is a spacious living/dining room with sliding doors opening directly onto the garden.</strong></p><p><strong>The south-facing rear garden is predominantly laid to lawn with a patio seating area and provides an attractive outside space for the current tenants.</strong></p><p><strong>Upstairs, there are two bedrooms alongside the family bathroom, which is fitted with a WC, wash hand basin, heated towel rail and bath with shower over. The principal bedroom overlooks the rear garden, while the second bedroom is positioned to the front.</strong></p><p><strong>With an established tenancy already in place, this represents an opportunity for a landlord to acquire a ready-made rental investment with income from the outset.</strong></p><p><strong>Asking Price: £250,000<br/>Current Rent: £1,200 PCM<br/>Annual Rental Income: £14,400<br/>Gross Rental Yield: Approx. 5.76%<br/>Tenure: Sold with tenants in situ<br/>Council Tax Band: B</strong></p><p><strong>Please contact Move for further information regarding the tenancy or to arrange a viewing.</strong></p><br/>EPC Rating: C