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£1,800,000

Rodney Road Cheltenham, Gloucestershire, GL50

  • 0 beds
Other

£1,800,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£8,217 per month

Minimum deposit amount:

£90,000
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A uniquely impressive, detached development opportunity in a prime Cheltenham location close to Montpellier Gardens with a total internal area of approximately 6,879 sq. ft. This property presents a rare opportunity to invest in one of Cheltenham’s most striking and historically significant buildings. It is a truly enchanting building and not to be missed.

Originally built in 1838 with later additions and alterations including a conservatory of c1905 in Art Nouveau style, the property is Grade II* Listed with a total internal area of approximately 6,879 sq. ft. This property presents a rare opportunity to invest in one of Cheltenham’s most striking and historically significant buildings. It is a truly enchanting building and not to be missed.

This handsome early Victorian property currently provides mixed-use office use, and residential accommodation, and is situated in the heart of Cheltenham, 2 minute’s walk from the famous promenade. Alma House currently provides serviced office accommodation on the ground and first floors, with self-contained apartments at lower ground, and second-floor levels. The property has enormous potential and could either be comprehensively refurbished to provide several individual apartments or reinstated to its original purpose as a generous single dwelling benefitting from natural light from all sides.

Freehold | EPC Rating E | Commercial council tax rates apply

Services, Utilities & Property Information
Utilities – Mains electricity, gas, water, and drainage
Tenure - Freehold
Property Type – Grade II* Listed detached building
Construction Type – Stucco plaster over brick with concealed roof and stucco stacks
Cheltenham Borough Council - currently commercial rates apply – please speak with the agent for further information.
Parking – Significant capacity for off road parking to front and rear of property.
Mobile phone coverage - 4G and some 5G mobile signal is available in the area - we advise you to check with your provider.
Internet connection - Ultrafast Fibre Broadband connection available - we advise you to check with your provider.

Disclaimer:
All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carryout our due diligence on a property before it is launched to the market and we endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions. The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer.
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£8,217 per month
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Stamp Duty tax
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£127,250
Mortgage and legal costs:
£999
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