11 bedroom detached house for sale

Arkle House, Moorend Road, The Park, Cheltenham — Freehold Investment Opportunity Arkle House is a distinctive Regency property in The Park, a highly desirable Cheltenham neighbourhood. The building has been sensitively converted into 11 well-proportioned one-bedroom flats, each self-contained with independent utility meters, individual EPCs and council tax ratings. The apartments are currently fully occupied, producing a stable rental income and providing an attractive, low-management freehold investment. Key features 11 one-bedroom apartments, fully let on Assured Shorthold Tenancies (ASTs) and compliant with the Renters (Reform) Act Allocated parking space for each apartment Separate meters, EPC and council tax band for each apartment (facilitates future individual sales) Building area: c. 5,285 sq ft over four floors Apartment sizes: from c. 32 sqm to c. 54 sqm Current gross rental income: approx. £142,500 per annum Conversion originally completed in the 1990s (former guest house) with further works in 2010; all works carried out in accordance with Cheltenham Borough Council (CBC) Well maintained by current owners Compliance & documentation All conversions and subsequent works were completed to CBC requirements. Tenancies are ASTs and compliant with the Renters (Reform) Act. Detailed tenancy schedules, income and expense records, EPCs, individual meter information and maintenance history are available to serious parties on request. Investment highlights Immediate, established income stream with scope to increase rents in line with market Flexible future options: hold as portfolio income, refinance, or sell apartments individually (separate meters/EPCs/council tax support resale) Desirable location adjacent to The Park — strong rental demand and capital growth prospects For further information, to request the tenancy schedule, financials or to arrange a viewing, please contact Justin Lawrence