The Cheltenham Project

From £199,950

Take a step back in time to our Cheltenham project, a sympathetic restoration of a regency-style, Grade II listed building in a prime location, right in the centre of town.

Cheltenham, dubbed as the ‘gateway to The Cotswolds’, coupled with its reputation for hosting one of the most widely recognised racing events in the country, The Gold Cup.   It is host to 30 other festivals throughout the year and therefore is an excellent short term let option.  The management company of our project handles short term rentals and estimate 15% + yields.

The project offers a selection of 17 stylish apartments within four bespoke houses: Berkeley House, Mayfair House, St George’s House, and St James’ House.

There are four 2-bedroom apartments, leaving thirteen 1-bedroom apartments, stretching over four levels, each with a touch of exclusivity and a hint of originality. Various apartments contain outside space, not to mention the 2-bedroom apartments, situated on the first floor with their own private balconies.

Parking spaces available at an extra cost.

Those looking to purchase a slice of history at The Cheltenham Project, can expect to see yearly rental yields exceeding 15%, in a town that has experienced a 58% increase in property values over the last 10 years.

Connectivity

  • 45 minutes to Birmingham and Bristol
  • 2 Hours to London
  • 10 mins to Gloucestshire Airport
  • 1 hour to Bristol

LIO’s Pick of the Stock:

Apartment Level Bed Outside Space Size (ft) Price
2 Ground 1 Patio 630 199,950
3 1st Floor 2 Balcony 655 249,950
4 2nd Floor 1 570 199,950

 

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Payment Terms: A reservation fee of £2,000.00 is payable on reservation. Exchange of contracts is expected 28 days later where 25% of the purchaser price (less reservation fee) is required. The balance (75% of the purchase price) is due on legal completion.

Projected Completion: Q3 2024

999 Leasehold

Payment Example for a 1 bed at £199,950 using a 70% UK mortgage:

(Exchange Rate as of 23 Jan 2023)

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