13
  • Leasehold
  • Tenure
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Receptions
  • Secure
  • Parking
  • 1781 sqft
  • Area Size
42D, Montpellier Spa Road Cheltenham, GL50 1UL
  • £725,000

ABOUT THIS PROPERTY

A rare opportunity to acquire a top floor penthouse that was originally two apartments redesigned to create a spacious 3 bedroom apartment with c.1787 sq. ft of accommodation. It also has and a due south facing sitting room overlooking Montpellier Gardens and two secure underground parking spaces.

THE PROPERTY
42D Montpellier Spa Road is a purpose built apartment set in one of the towns most prestigious roads. On offer is 1781 sq. ft of accommodation.

Originally two apartments the accommodation is presently configured offering 3 bedrooms (all with en suites), spacious sitting room with views over Montpellier Gardens, dining room and office. There is also an integrated kitchen.

The apartment is accessed either through the neat communal hallway or by lift which opens directly into the apartment. It also has two secure underground parking spaces accessed off Trafalgar Road to the side of the development. The apartment is ready for occupation as it stands, but also offers a rare opportunity if desired for the internal reconfiguration of the current layout so as to provide, for example, a more modern combined kitchen/living/dining area. Once done would create one of the finest purpose built apartments in Montpellier.

Further benefits include gas central heating and all aspects of the building are undertaken by the managing agents. Upon first sight it is very noticeable that the building and the residents ensure the upkeep of the development is a priority.

Agents Note: Although service and short term lets are not permitted the property maybe let under an assured shorthold tenancy. If you would like to discuss the potential yield of the property please contact our Property Management team who will be able to discuss the current rental value.

Tenure:
Lease: 999 years from 1 January 1995
Service Charge: £2,184.94 per six months with a 4.5% building liability
Ground Rent: The annual ground rent is £95, rising to £145 in 2037 and £195 in 2078
Managing Agents: Cambray Property Management of Cheltenham

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  • Postcode: GL50 1UL

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Jason Maurice
  • Jason Maurice

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