Mersey Road, Cheltenham, GL52 5PH

A rare dual-income investment opportunity — two apartments sold as a single package, generating a combined rental income of £1,524 per month and delivering a gross yield of approximately 7.3%.

Comprising a one bedroom apartment and a separate studio, both positioned on the first floor with no apartment above, this is an exceptionally low-maintenance investment with an outstanding tenancy history.

Both apartments are currently let to a company tenant on long-term contractual leases — the same occupier has been in situ since 2009, providing the kind of rental continuity that is increasingly rare in today's market. Each apartment generates £762 per month, with the combined annual rental income standing at £18,291.

The one bedroom apartment offers an open-plan living space, a well-proportioned double bedroom and a shower room. The studio provides a self-contained layout with its own private shower room.

Offered for sale with no onward chain, this package represents a straightforward acquisition for an investor seeking immediate, reliable income from day one — with no voids, no letting fees and no uncertainty.

Please note: this apartment is offered for sale strictly as part of a package alongside Flat 9, Hewlett Court. The two apartments are listed separately for marketing purposes but will only be sold together, for a combined price of £250,000.

Ground rent: £50 per annum (both properties combined) Maintenance charge: £300 per annum (both properties combined) Lease: 983 years remaining (both properties) Tenure: Leasehold Tax council band: A Local authority: Cheltenham