Discover a prime investment opportunity with this established Airbnb property, boasting six years of successful bookings and earnings of £35,000 in 2024, yielding a 15% return. Nestled within the secure gated development of The Axiom, this chic top-floor apartment combines modern living within an attractive setting. Redeveloped in 2018 by the award-winning Cape Homes, it’s ideal for investors or first-time buyers alike.
The layout features a warm entrance hall leading to a contemporary open-plan kitchen, lounge, and dining area. The kitchen is elegantly designed with stylish cabinetry, integrated appliances, including a fridge-freezer, dishwasher, and oven, as well as generous countertop space. The lounge and dining area create a cozy and adaptable environment.
This apartment includes two double bedrooms, each equipped with built-in wardrobes. The stylish shower room is completed to a high standard, featuring a shower, hand wash basin and WC.
Additional features include a communal courtyard and double glazing throughout. Located in the heart of Cheltenham, The Axiom offers a prime position just a short walk from John Lewis and the bustling High Street. Residents will enjoy a wealth of shopping, dining, and entertainment options, with access to the famous Promenade, boutique shops, and a diverse selection of cafes and restaurants. Convenient transport links further enhance accessibility to surrounding areas.
With no onward chain, this apartment represents a seamless purchasing opportunity in a highly sought-after location.
Leasehold
Years remaining on lease: 119 years
Annual Service Charge: £1,449.52
Annual Ground Rent: £175
Council Tax Band: C