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£720,000 Guide Price
Bedrooms
Bathrooms
Elegant Victorian Townhouse with Separate Basement Apartment in St. Lukes, Cheltenham
Full Description: - Nestled in the heart of St. Lukes, Cheltenham, this exquisite four-bedroom Victorian mid-terraced house exudes charm and sophistication. Standing proudly overlooking the historic St. Lukes Church, this Victorian townhouse is within walking distance of Cheltenhams principal shopping areas, beautiful parks, and Cheltenham General Hospital.
Main House: - Spread across three floors and offering a total of 2300 square feet of living space, including the basement apartment, the main house epitomises elegant living. Enter via steps leading to the grand front door, opening into a welcoming hallway. The ground floor boasts a spacious living room and dining room, both featuring high ceilings, cornicing, sash windows, and ornate fireplaces. The kitchen, fitted with a range of units and space for a breakfast table, provides access to the charming rear garden.
Ascend to the mezzanine level to find a quaint bathroom with a separate shower and bath. The first floor includes two generous double bedrooms and a large single bedroom, all with tall ceilings and sash windows, with the master bedroom featuring a fireplace. The second floor offers a delightful double bedroom with vaulted ceilings and another feature fireplace.
Basement Apartment: - Accessible via its own entrance, the basement apartment is a self-contained unit ideal for rental or serviced accommodation. It includes a kitchen with garden access, a spacious living room with a feature fireplace, a bedroom, a bathroom with a shower over the bath, a large cupboard or small study, and its own private paved courtyard.
Exterior: - The property benefits from a private rear garden laid with lawn and bordered by hedging for added privacy. On-street residents permit parking is available.
Location: - Located in the sought-after parish of St. Lukes, this property is just steps away from two beautiful parks, one with a childrens play area and the other featuring the famous Sandford Park Lido. The High Street, Promenade, and Montpellier offer a range of bespoke boutiques, cafs, fine restaurants, and high street stores, all within a short, enjoyable walk.
With excellent access to Cheltenham College, Cheltenham Ladies College, and Dean Close, as well as superb road connections via the A40 and A435, and Cheltenham train station just under 2 miles away, this property offers both elegance and convenience.
This highly individual Victorian townhouse, with its separate basement apartment, offers a unique opportunity to experience refined living in one of Cheltenhams most desirable areas.
Further Information: - Tenure: Freehold
Services: Mains gas, electricity, water and drainage. Gas central heating.
Local Authority: Cheltenham Borough Council. Tel.
Council Tax Band: E (main house) & A (basement apartment).
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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